Excel Maritime is committed to providing safe seaborne transportation of dry bulk cargoes in accordance with international rules and regulations, always assigning utmost importance to the safety of its officers and crew and to environmental protection.

The technical management of our fleet is undertaken by Maryville Maritime Inc, a wholly-owned subsidiary of the company.

History

Maryville established its ship management operations in the maritime center of Piraeus, Greece in 1967. The company took its present form in 1982 and has become one of the foremost Greek ship management companies in Piraeus. Since its formation, Maryville has managed and operated over 70 dry cargo vessels for individual owners, partnerships and Excel Maritime Carriers. Today it manages a diverse fleet of vessels ranging from Handy size to Cape size Bulk Carriers .

Certifications

Maryville believed in Safety Management and Quality long before they became mandatory by the relevant institutions. Although the shipping industry was aware that Safety Management (ISM CODE) would become mandatory as of July 1, 1998, Maryville Maritime, in conjunction with ISO 9002:1994, commenced operations back in 1995 aiming  to voluntarily implement both systems well before the International Safety Management date.

Maryville was the first ship management company in Greece to receive simultaneous ISM and ISO SAFETY AND QUALITY SYSTEMS Certification in February 1996, for the safe operation of dry cargo vessels. Both systems were successfully implemented in the course of the years, until a new challenge ISO 9001:2000 and ISO 14001: 1996 was set. At the end of 2003, Maryville Maritime's Management System was among the first five company management systems, to have been successfully audited and found to be in compliance with both Management System Standards mentioned herein above. Certification to Maryville was issued in early 2004.

Mission Statement

"We understand that the basic ingredient of a successful management service is the balance between technological efficiency and costs, while maintaining at all times an outstanding quality of service. We value and respect traditions, nevertheless we continuously seek improvements and modifications that may prove beneficial in providing the best possible service, always being committed to safe, environmentally friendly and cost effective shipping operations".

Services Provided

The company is an independent management corporation, providing the owners of the managed vessels with the following services:

The company consists of a technical team that attains expertise and relevant technical knowledge, in order to provide owners with the requested asset protection and safe operation of their vessels. This is achieved through a top quality service in running vessels and monitoring their progress through regular inspections, planned maintenance and technical upgrading.

The company has access to approximately 800 seafarers employed in its managed fleet. In addition it has adopted a policy of strict selection, evaluations and training of all crews onboard its managing vessels. For the purposes of carrying this service more efficiently Maryville, employs its seafarers from Maryville Manila Inc.

Maryville Manila Inc. was established in December 1995, and is the exclusive manning- crewing agent for the Company. It consists of 15 employees in total, all managed by a very experienced Greek Port Captain. The office structure has been integral in effectively interviewing, selecting and assessing crews, something that has been repeatedly proven by the results obtained. It has made contacts with various government approved training centers in order to recruit well trained seagoing staff and has been ISO 9002 certified.

The company provides all ship performance information and accounting, through highly experienced and qualified personnel, allowing the owner to monitor ships' operations and maintain ultimate control. This is achieved through an in-house group of operating systems, financial and management accounting systems and purchasing control that cover all aspects of vessels' operation and proper accounting of their performance.

Maryville's full ship management services consist of:

  1.       Vessels' Operations

  2.       Maintenance and repair of the vessel, including dry- docking

  3.       Crew selection and training

  4.       Vessel's supply with spares and stores

  5.       Oil pollution- Contingency Response Plan

  6.       Onboard Safety Audit

  7.       Computerized planned maintenance system

  8.       Accounting

  9.       Insurance and in- house handling of all types of insurance claims

  10.   Surveys

  11.   Voyage performance monitoring

  12.   U.S tax compliance

Competitive Strengths

1. Low Cost Operator
• Operating second hand vessels exclusively
• Operating costs compare favorably with that of its competitors
• Capacity to manage additional vessels with low cost incremental cost
2. Low Turnover of Seaborne Personnel
• Well established crewing/ manning office in Philippines
• Well trained masters, officers and crew from Greece and the Philippines

• Seaman's qualifications and licenses comply with the international qualifications and shipping conventions

• Seamen have minimum 3 years of work experience
• High retention ratio of highly qualified crew
• English is the on- board working language
• No International Transportation Workers Federation (ITF) claims
• Competitive Salaries and promotion from within, when possible
3. High Level of Utilization of the fleet
• Careful selection of vessels
• Constant vessel upgrading to meet charterer's demands
• Preventive maintenance programs
4. Technical Expertise
• Developed by the management over the last 20 years
• Comprehensive maintenance program form all ships
• Negotiations on contracts with shipyards for repairs and dry dockings
• ISM and ISO 9002 and 14001 accreditation
5. Track Record of Timely Sale and Purchase of Vessels

• Ability to identify suitable tonnage that corresponds to owner's needs at competitive prices

• Ability to realize capital gains on sale of older vessels
• Before acquisition, all vessels are inspected by highly qualified in-house technical staff
6. Operate in Markets that require Levels of Technical Expertise

• Increased levels of regulation and inspection by local authorities, charterers and oil terminal inspectors are forcing shipping companies to upgrade their standard capabilities

7. Differentiate by providing top quality service

Policies

Quality Assurance Policy

We are committed to providing a professional ship management service in a competent cost effective manner, in order to meet the requirements of our customers as well as discharging our responsibilities towards employees, the public and the environment.

Operating Objectives:

1. To comply with all the applicable statutory requirements, international legislation and classification societies' rules.

2. To operate a fleet of managed vessels without any accidents or incidents, in order to protect our employees from injury, minimize the impact on the environment, as well as prevent any damage to the assets under our care.

3. To meet our customers' requirements as defined in our ship management contracts and charter party agreements.

All of our employees, both shore based and at sea, are responsible for implementing the Company's Quality Assurance Policy.

Safety and Environmental Protection Policy

It is our policy to promote a safe and pollution free environment.

We are committed to:

1. Provide for safe practices on board our ships while creating a safe working environment.
2. Protect the environment by practicing pollution free operations.

3. Avoid accidents and incidents that could cause loss of life, human injury or damage property and assets under our management.

4. Establish safeguards against identified risks, prepare and train shore based and sea going personnel for handling emergency situations.

In order to effectively implement our Safety Protection Policy:

1. We have developed and implemented a management system which is "Safety and Pollution Prevention" oriented.

2. We consistently follow all national and international rules and regulations governing the marine industry.

3. We take into account applicable guidelines and directives from maritime organizations.

4. We continuously monitor all safety aspects of the managed fleet and provide necessary support.

5. We frequently inspect the managed fleet and carry out necessary maintenance repairs.

6. We continuously improve our management system by taking corrective and preventive action for identified problem areas.

All of our employees, both shore based and at sea, are responsible for implementing the Company's Safety and Environmental Protection Policy.

As further evidence of its commitment to quality and safety Maryville Maritime Inc. is an active member of the Baltic and International Maritime Council (BIMCO) and the Hellenic Maritime Environmental Protection Association (HELMEPA).