Teakdecking Systems

Teakdecking Systems

Steering Towards Sustainability: Richard Strauss’s Vision for Teakdecking Systems

 

In this insightful Q&A, we sit down with Richard Strauss, the CEO of Teakdecking Systems, to discuss his leadership journey since 2019. Strauss shares how he navigated the company through the tumultuous times of the pandemic and strategically expanded its market presence. With a keen eye on sustainability and innovation, Strauss elaborates on Teakdecking Systems’ approach to environmentally responsible sourcing and product development, highlighting the company’s efforts in promoting alternative decking materials. Join us as we delve into the intricacies of steering a leading marine decking company towards a greener and more innovative future.

 

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Leadership and Growth: Since joining Teakdecking Systems in 2019 and being promoted to CEO, how have you guided the company through global challenges such as the pandemic, and what strategies have you employed to grow the company’s market share?

 

It’s been quite a roller coaster ride! The first order of business upon my return to TDS in August of 2019 was to solidify a commercial agreement with a prominent superyacht builder in Europe. This agreement enabled us to secure two significant contracts for new 100m+ builds. Following that, we issued a letter of intent to purchase the assets of a company in Spain, which ultimately became Teakdecking Systems Europe. Of course, closing this acquisition during a global pandemic presented its challenges.

 

Meanwhile, back at our headquarters in Sarasota, FL, our team did an exceptional job of navigating the pandemic. Despite being forced to close our operation, our team never stopped working. Each department met daily via Teams meetings, engineering continued digitising new jobs, sales pushed forward and closed deals, and operations were in the midst of implementing a new ERP system. It all kept moving forward, thanks to the sheer grit and determination of all team members. As soon as we were allowed to reopen the factory, it was all hands on deck (no pun intended!). Meanwhile, on the sidelines, we were working hard to finalise the deal on our new operation in Spain so we could begin organising and training our team (via Teams meetings) to manufacture the decks for the two 100m+ new builds.

 

As for our strategy for direction and growth, we hold an annual meeting with our executive team to develop a solid strategic plan for the upcoming year. We use this as a roadmap to guide us through the year ahead. Over the years, our team has become adept at developing the plan for the following year, which helps keep us focused.

Sustainability in the Teak Industry: With the marine industry evolving and growing concerns around the sustainability of teak, how is Teakdecking Systems addressing these challenges and ensuring responsible sourcing?

 

To ensure responsible sourcing, TDS adheres to strict Chain of Custody standards. We only work with legally sourced plantation teak and conduct on-site inspections to confirm compliance with these standards. We have a due diligence program in place, where we conduct ISOTOPE and DNA testing to verify the origin of our wood sources. By investing in these measures, we create trust among our partners and customers, fostering transparency and accountability throughout the supply chain.

Innovation and Product Development: Could you discuss any new products Teakdecking Systems has introduced under your leadership and how they contribute to the company’s portfolio?

 

Given that our customers include superyacht owners, custom yacht builders, major shipyards, boatyards, battleships, cruise ships, high-volume production boat builders, and DIY small boat owners, we need to tailor our product offerings to each segment accordingly.

 

We introduced our own composite decking, TDS Composite, 18 months ago. This durable, low-maintenance, and highly resilient deck surface has been very well received in the US, particularly among production boat builders and small boat owners seeking maximum comfort. Additionally, we are nearing the launch of another high-performing composite decking alternative designed for the same segment.

 

It is important for us to provide a diverse range of maintenance products catering to our clients’ specific decking needs. Last year, we introduced our composite deck sealer, and we are currently in the process of developing a composite deck cleaner, expected to go to market by year-end. With the growing demand for eco-friendly cleaners across all markets, we recently launched our new ECO-800 deck cleaner and are working on expanding our eco-products portfolio.

Employee Development: You’re known for your hands-on approach and passion for employee development. How do you foster a culture of growth and learning within Teakdecking Systems?

 

In our highly skilled environment, much of our training involves hands-on guidance by our skilled craftsmen. We recruit from the local community and trade schools; however, the precision required for building our decks is not taught in a 6-month program. It takes years of training and skill development to become one of the master carpenters on our team. Our skilled craftsmen take pride in the custom decks and inlays they produce and excel at sharing their knowledge with new carpenters who have the potential to become skilled craftsmen themselves.

 

We have recently developed an Accredited Apprenticeship Program, approved by the State of Florida’s Department of Commerce. Upon completion, participants receive a Nationally Accredited Apprenticeship Certification and credits towards an Associate’s degree in Manufacturing Engineering Technology.

 

We also offer a scholarship program for our employees and their children to pursue higher education goals. Since 2010, the Ann and Lars Lewander Scholarship Foundation has awarded approximately 100 scholarships totaling $500,000. Our program has enabled participants to earn various levels of certifications and degrees, from trade school to Master’s programs. Many of these graduates remain in our area and contribute to our local community.

 

Recently, I joined a newly formed committee committed to advancing the field of manufacturing by maintaining rigorous educational certification standards that align with industry best practices. Our purpose is to provide learners with recognized credentials that validate their expertise, promote professional growth, and meet the evolving needs of the industry. We aim to achieve this by working with local trade and technical schools to ensure curricula align with manufacturers’ needs.

European Expansion: The acquisition of Teak Solutions SL of Barcelona was a significant step for Teakdecking Systems. How has this expanded your presence in Europe and impacted the company’s operations?

 

The acquisition marked a major milestone for us. Our decision was driven by inquiries from our customers seeking recommendations for European decking companies. This strategic move has drastically improved our global service capabilities and has nearly doubled our production capacity. Ultimately, this translates to tangible benefits for our customers.

 

Many of our projects involve collaboration, where a deck may be digitised and engineered in the US, manufactured at our factory in Valencia, Spain, and installed by either our American or Spanish team, depending on the boat’s location. This collaborative approach ensures optimal efficiency and customer satisfaction.

Alternative Teak Sources and Materials: With the industry moving towards more sustainable practices, what alternatives to traditional Burmese teak are Teakdecking Systems exploring or using?

 

A decade ago, we recognized that the supply of 100-year-old Burmese teak was unsustainable. Over the past decade, we have been actively pursuing and testing the viability of alternative materials.

 

We work only with legally sourced plantation teak, aged between 20-25 years or 40-50 years, as well as thermally modified wood. We are currently building a new deck for a 100+m new build using plantation Green Teak from Thailand. This 35-year-old laminated teak, sliced into veneers and glued together, is both aesthetically pleasing and offers excellent durability. Cork is another sustainable product making a comeback as a viable alternative to traditional teak.

 

As pioneers in the decking industry, we were among the first to work with composite decks, and we are the distributors for Esthec and Herculan. While composite is still gaining traction within the superyacht industry, it has already become very popular for production and commercial boats. For superyachts not wanting to go down the composite route, we recommend its use in high-traffic areas, such as tender garages or other areas with high footfall.

Client Education and Industry Shifts: How are you working to educate clients and the industry about sustainable alternatives to teak and the importance of diverse material choices in yacht design?

 

The superyacht industry is undeniably at a tipping point concerning sustainability. Speaking candidly, this presents one of our most significant challenges. Much of the industry still holds the belief that viable teak for decking must be 100 years old. However, we have effectively debunked this myth. Despite this, we continue to face challenges in ensuring that intermediaries between us and the end customer are well-informed, enabling owners to make informed decisions.

 

We have had the privilege of participating in numerous panel discussions on deck alternatives at major yachting events, providing us with a platform to engage a broad audience. We have also contributed to various articles addressing teak and its alternatives in leading industry publications. Despite these efforts, there remains a considerable amount of work to be done.

Sustainable Practices: What initiatives has Teakdecking Systems implemented to reduce its environmental impact and promote sustainability within the industry?

 

I’m really proud to say that last year, we became a corporate partner of the Water Revolution Foundation. Currently, we’re working closely with them to assess and verify our level of sustainability, so they can provide us with feedback on how to improve it.

 

Another significant step we’ve taken is initiating the process of obtaining FSC certification for our factory in Valencia, Spain. Upon receiving this certification, we will proceed to start the certification process for our Sarasota factory.

Adapting to Market Trends: Considering the dynamic nature of the marine decking industry, how does Teakdecking Systems stay ahead of market trends and consumer preferences, particularly in the realm of sustainable and innovative decking solutions?

 

I think, at the end of the day, it boils down to truly tuning into the pulse of the industry and the global landscape. We explore every available opportunity in the market and have consistently trialed new products, including variations of composite decking, even amidst widespread scepticism. We are willing to invest time in thorough testing over an extended period to ensure that a product meets our rigorous standards of excellence before fully endorsing it. This commitment obviously takes time, but it’s precisely what has earned us our reputation for excellence within the market.

Future Vision for Teakdecking Systems: Looking forward, what is your vision for the future of Teakdecking Systems, particularly in terms of sustainability, innovation, and market expansion?

 

As my daughter aptly puts it, “adapt or die,” and I wholeheartedly agree with her sentiment! This mindset forms one of our core values, ingrained in the culture of TDS since 1983. We were the original inventors of pre-manufactured decking for vessels, a groundbreaking system that radically reduced installation time and cost.

 

Despite the changing perceptions of teak, many yachts worldwide will continue to demand it. Given that teak is grown all over the world, it falls upon us to source the most sustainable and legally grown teak available. Alongside other viable options such as high-quality modified woods, cork, and composites, it is our goal to be the trusted supplier of high-quality options. Subsequently, it is our duty and mission to educate our clients and customers about the advantages and disadvantages of each option in relation to their specific projects.

 

As for innovations, we continue to listen to our customers’ needs and concerns, which allows us to actively work on developing solutions. This approach has driven the development of several of our products in the past, as well as a new deck option soon to be released.

 

Market share and growth will come more organically. We’re not pursuing “world domination” but rather striving to offer an exceptional value proposition and service to our customers by building and installing the best decks, exceeding their expectations.

 

One of our decks, if well maintained, should last 20-25 years. While this may seem counterintuitive for business, we will always opt to repair a deck to extend its lifespan rather than building a new one. Creating a reputation of trust and quality craftsmanship drives word-of-mouth referrals, which are the highest form of praise for an employee-owned company. This is what drives us as a company and underscores our commitment to excellence in every deck we undertake.

Inchcape Shipping Services (ISS)

Inchcape Shipping Services

Procurement with Purpose: Simon Potter’s Strategic Vision at Inchcape Shipping Services

 

In this Q&A, we delve into the strategic mind of Simon Potter, Chief Procurement Officer at Inchcape Shipping Services. Potter discusses how Inchcape’s procurement strategy has evolved to adapt to the dynamic maritime industry, emphasising the introduction of their global ship-chandling solution. He highlights the company’s commitment to sustainability and the integration of responsible sourcing practices. Potter also sheds light on Inchcape’s innovative ‘procurement-as-a-service’ model, which offers comprehensive value beyond cost savings, and how the company manages its extensive global supply chain. Through team collaboration and navigating market trends, Inchcape remains at the forefront of sustainable and innovative decking solutions in the maritime sector.

 

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Strategic Procurement Evolution: How has Inchcape’s procurement strategy evolved to meet the dynamic needs of the maritime industry, particularly with the global ship-chandling solution?

 

Inchcape’s procurement strategy has significantly transformed from its traditional roots of merely onboarding vendors. Particularly from a port agency standpoint, our role has expanded to being the vital eyes and ears on the ground for our clients. This evolution is crucial because our customers, often absent from the ports, rely on us to manage the myriad of operations occurring there. Ensuring these operations are executed promptly, safely, and cost-effectively falls under our purview. Our group’s procurement function has increasingly become adept at meeting our customers’ needs, thanks to the seasoned professionals we have in place and the expansion of our teams to ensure coverage not only at our headquarters but also in the regions we serve.

 

Our approach to procurement is centre-led, with specialists integrated within the business units yet maintaining a central reporting line to ensure a balance between autonomy and alignment with both customer and internal needs. This strategic blend of local autonomy within our operations is pivotal.

 

The introduction of our global ship chandling solution, dubbed “procurement as a service,” marks a significant advancement in our procurement strategy. This evolution stems from recognising the additional needs our customers have when their vessels are docked. By adopting a procurement-centric viewpoint, we’ve moved beyond traditional services to address common challenges like table spending and the lack of transparency in the ‘Last Mile’ of supply chains. Our global presence, coupled with a professional procurement and supply chain team, allows us to add substantial value to our clients’ operations, offering transparency, efficacy, and cost advantages over our competitors.

 

Sustainability also plays a critical role in our procurement strategy. We work closely with our clients to identify local sourcing solutions, moving away from the conventional practice of consolidating consumables and spares in major hubs. Our commitment to authenticity means we only deal in OEM spares, ensuring quality and reliability. Furthermore, our “warehousing on demand” service exemplifies our forward-thinking approach, accommodating the unpredictable trading patterns of vessels by leveraging our global network for strategic spare part storage. This adaptability extends across various sectors, with many of our offshore customers particularly benefiting from our ability to strategically source and supply locally.

Sustainability Leadership: As VP of Sustainability at IMPA, how do you integrate sustainable practices within Inchcape’s procurement processes, and what impact does this have on the industry?

 

In my dual capacity as CPO at Inchcape and my role within the International Marine Purchasing Association (IMPA), the drive towards sustainability is a significant part of our ethos. Inchcape’s commitment to sustainability is evident as we were pioneers in signing up for the IMPA ACT and subsequently for its updated version, ACT 2.0. Our dedication to sustainable practices is not just about adherence to standards; it’s about leading by example within the maritime industry.

 

Utilising the IMPA ACT toolbox has been instrumental in refining our procurement processes, allowing us to thoroughly scrutinise every aspect of our supply chain from a sustainability standpoint. This scrutiny is not only limited to compliance with human rights and UN conventions but extends to environmental considerations, such as emissions tracking.

 

For our clients, this means that when they dock at a port serviced by an Inchcape agent, we offer comprehensive support in monitoring emissions related to the core services we provide. This initiative is crucial for our clients, providing them with a detailed understanding of their emissions footprint within the port, encompassing Scope 1, 2, and 3 emissions. Our aim is to ensure that they have a holistic view of their environmental impact, including emissions from auxiliary services like tugs, launches, taxis, and hotels.

 

However, our commitment goes beyond tracking; it extends to educating our suppliers. Our observations suggest that approximately 30% of port suppliers are genuinely aware of what sustainability entails, and a similar percentage have set targets towards achieving net zero. As a global port agent with sustainability at our core, we believe it’s our responsibility to enlighten our supply base on the importance of supporting our clients’ sustainability goals.

 

This educational role synergises with our activities at IMPA, where we work closely with colleagues to promote sustainability within the industry. Our efforts are not just about compliance or meeting standards; they’re about fostering a culture of sustainability and responsibility across the maritime sector.

Procurement-as-a-Service: Can you elaborate on the concept of ‘procurement-as-a-service’ at Inchcape and how it delivers value beyond cost savings to your customers?

 

The essence of ‘procurement-as-a-service’ at Inchcape modernises the traditional ‘one-stop shop’ concept, providing a more comprehensive solution. Our clients, especially those operating container vessels with regular routes and suppliers, have a core list of needs when it comes to supplies and services at the ports they frequent. However, challenges arise when they need items or services beyond this core list, whether it’s spare parts, consumables, provisions, or other services. Finding vendors that meet the desired quality and price point outside their usual list can be difficult.

 

This is where our ‘procurement-as-a-service’ shines. With a global supply list exceeding 10,000 vetted suppliers across 60 countries, we offer our customers a reliable and extensive network. This service allows clients to approach us with specific needs in any port, confident in our ability to provide a solution that adheres to stringent quality and governance standards. While we may not always promise the lowest price, we ensure value through our rigorous vendor selection process, managed by our local teams on the ground. This approach guarantees that our customers benefit from the same level of governance and ethical standards they would expect from any port agency service, even if they don’t use Inchcape as their port agent.

 

Interestingly, over half of our ‘procurement-as-a-service’ clients do not utilise our port agency services, underscoring the standalone value of this offering. Even those with preferred agents opt for Inchcape’s procurement and logistics services to leverage our comprehensive governance framework and ethical policies, highlighting the distinct advantages and added value we bring to the table beyond mere cost savings.

Global Supply Chain Management: Managing a global supply chain presents unique challenges. How does Inchcape ensure reliability and efficiency across its vast network of ports and services?

 

Ensuring reliability and efficiency across Inchcape’s extensive network hinges on our adherence to strict governance, standardised processes, and unified policies. We operate under a centralised framework accessible to all employees, promoting consistent practices throughout the organisation. Leadership commitment plays a crucial role, with alignment from the CEO down, ensuring that everyone, from the board to the front lines, understands and follows our operational directives. This clarity and lean organisational structure facilitate a unified approach to service delivery.

 

Despite the inherent challenges of operating in diverse cultural and linguistic landscapes, particularly in regions like Asia Pacific, our long-standing focus on maintaining high standards has honed our ability to provide consistent service quality worldwide. We recognise that local conditions may necessitate tailored service delivery, but the core standard remains unwavering.

 

A vital component of our strategy is the meticulous onboarding and continuous assessment of our vendors. We conduct annual audits to ensure they meet our stringent requirements, maintaining high service standards irrespective of location. This rigorous vetting process is especially crucial for services involving the movement of people, where risk management is paramount for the safety of both our personnel and clients.

Team Dynamics: With a growing global Procurement and Supply Chain team, how do you foster collaboration and knowledge sharing among team members with diverse expertise?

 

Fostering collaboration and knowledge sharing within Inchcape’s diverse and global Procurement and Supply Chain team hinges on our foundational philosophy of open knowledge exchange. Recognising that no single individual holds all the answers, we place great emphasis on drawing insights and ideas from the entire team. A recent example of our collaborative approach was a gathering in Mumbai, where a significant portion of our team is based. This meeting facilitated a vibrant exchange of ideas and best practices, especially from our procurement support team, who possess a unique global perspective due to their centralised role.

 

Training sessions are a regular feature, aimed not only at skill enhancement but also at brainstorming improvements in our processes and methodologies. This continuous learning environment is underscored by our commitment to professional development, with many team members pursuing or encouraged to pursue CIPS qualifications, Six Sigma certifications, or advanced degrees.

 

Diversity in expertise is another pillar of our strategy. Our team in Mumbai, for example, benefits from the inclusion of individuals with backgrounds in mathematics and data analytics, enhancing our capability to deliver insightful data analysis and feedback to other departments. This analytical approach not only advances our procurement and risk management strategies but also propels sustainability initiatives, providing substantial non-price value to our clients.

 

Transparency with our customers is paramount, reflected in our practice of sharing original vendor invoices, ensuring they have clear visibility into the costs incurred. Our pursuit of competitive rates, balanced with a commitment to quality, underpins our promise of value. Moreover, our involvement in innovative projects, like the launch of the first purely electric launch in Singapore, exemplifies our dedication to sustainability and innovation. These initiatives not only reduce carbon footprints but also align with our customers’ sustainability goals, illustrating our role in driving the industry forward through innovative and sustainable solutions.

Chandling Service Expansion: The expansion of Inchcape’s chandling operations into strategic ports is a significant development. What criteria do you use to select these locations, and how do you tailor services to meet local demands?

 

The selection of strategic ports for the expansion of Inchcape’s chandling operations often begins with customer inquiries. Having an approved vendor list in various locations allows us to swiftly provide solutions, but the challenge lies in effectively communicating our capabilities to customers, ensuring they understand the breadth of services we offer.

 

Traditionally, port agents have provided chandling services on an ad-hoc basis, responding to last-minute requests from ships as they arrive. Our approach with the chandling solution, or ‘procurement as a service’, is to make this process more systematic, involving ourselves in the planned ordering of spares and stores rather than solely catering to emergency needs. This not only assists ships in port but also aids in preemptive planning, especially when vessels change course unexpectedly and require support in unfamiliar locations.

 

The selection of ports and tailoring of services hinge on understanding the diverse challenges our customers face. These challenges can vary widely, influenced by factors such as the size of the customer’s purchasing team, the number of contracts they manage, and the regularity with which they visit certain ports. We have identified around 60 ports that see regular activity from our clients, which have become focal points for our services. While sourcing a chandler in major ports like Singapore, Houston, or Rotterdam might be straightforward, our strength lies in providing reliable services outside these hubs, where finding quality support can be more challenging. Despite this, we’re also seeing increased demand in these major ports, highlighting our comprehensive capabilities and the trust clients place in our services.

Global Sustainability Strategy: Inchcape’s commitment to sustainability is commendable. How do you measure the effectiveness of your sustainability initiatives, and what are the key performance indicators?

 

At Inchcape, the foundation of our sustainability strategy is encapsulated in our code of conduct and, more specifically, our Supplier Code of Conduct. This sets the minimum standards we expect not only from our vendors but also from our partner agents globally. Given that we don’t operate in every location directly, it’s imperative that our representatives uphold the same sustainability standards as we do.

 

Measuring the effectiveness of these initiatives often presents challenges, as mere compliance on paper doesn’t necessarily equate to real-world application. To address this, we invest considerable effort in auditing and assessing our key vendors worldwide, ensuring they not only commit to our standards but actively embody them in their operations.

 

One of our primary Key Performance Indicators (KPIs) is the adherence to our business and supply codes of conduct, which reflect our sustainability and procurement expectations. Regular visits to our key vendors form another crucial part of our strategy, enabling us to conduct toolbox talks and demonstrate visible, felt leadership. These interactions are instrumental in conveying our values and ensuring that our sustainability standards are more than just a checklist, but a lived experience across our supply chain.

IMPA Act 2.0 and Industry Collaboration: How does IMPA Act 2.0 facilitate collaboration within the maritime industry, and what role does Inchcape play in promoting industry-wide sustainability through this initiative?

 

IMPA Act 2.0 primarily fosters collaboration between customers and their supplier networks within the maritime industry. While its direct influence on customer-to-customer collaboration may be less apparent, the initiative serves as a crucial bridge in aligning ship owners, managers, and their vendors on sustainability practices. Many industry stakeholders, often uncertain about how to approach sustainability, have found IMPA Act 2.0 to be an invaluable resource. The Act provides a comprehensive toolbox designed to navigate the complexities of sustainability in an industry traditionally characterised by analog processes.

 

This toolbox has become a pivotal platform for dialogue, enabling suppliers and customers to ensure mutual understanding and alignment, especially as regulatory pressures on sustainability intensify. For example, the focus on maintaining an inventory of hazardous materials is one of the many areas where IMPA Act 2.0 has raised awareness and facilitated industry-wide compliance and best practices.

 

Inchcape, aligning with the principles of IMPA Act 2.0, plays a significant role in promoting sustainability within the maritime sector. Our involvement goes beyond compliance; we actively engage with both our suppliers and customers to ensure a cohesive approach to sustainability. By advocating for and adhering to the guidelines and frameworks provided by initiatives like IMPA Act 2.0, Inchcape aims to lead by example, encouraging a more sustainable and environmentally responsible maritime industry.

Procurement Disruption and Innovation: You mentioned the maritime industry’s need for disruption and change in procurement. What innovative approaches is Inchcape implementing to lead this transformation?

 

While I must be cautious about divulging too much, I can share that Inchcape is actively engaging with technology disruptors to explore innovative procurement solutions. Our focus isn’t just on adopting new technologies for the sake of innovation; it’s about critically evaluating these advancements to enhance our procurement and purchasing strategies fundamentally.

 

A key area of innovation for us lies in managing costs and logistics beyond the major ports. It’s relatively straightforward to find chandling services in hubs like Rotterdam, Houston, or Singapore. However, the real challenge—and our differentiator—comes in providing cost-effective, efficient services in smaller or less frequented ports. Here, Inchcape stands out by not only offering procurement services but also overseeing the crucial ‘last mile’ delivery directly to the vessel, eliminating the need for intermediaries.

 

My background in chandling and subsequent experience with shipping owners like Maersk has highlighted the importance of transparency and efficiency in the procurement process. Traditionally, the visibility of an order diminishes once it reaches a local agent or airport, leaving purchasers in the dark until the goods are received on board. Inchcape aims to revolutionise this aspect by ensuring continuous transparency about the costs and status of orders, from procurement to delivery. Our approach provides a clear picture of the total cost of acquisition, including all logistics expenses, to the purchasing team ashore. This level of transparency and efficiency in managing the procurement and delivery process is central to our innovative strategy in transforming maritime procurement.

Personal Inspiration and Industry Passion: Having transitioned from various roles within the maritime sector to your current position at Inchcape, what aspects of your job inspire you the most, and how do you maintain your passion for the industry?

 

The greatest source of inspiration for me is the opportunity to work for a global entity like Inchcape, which allows me to engage with diverse cultures and people from different parts of the world. The chance to visit and interact with colleagues and customers globally is genuinely one of the job’s highlights. This exposure to varied cultures and business practices enriches my understanding and appreciation of the maritime sector.

 

Another aspect that fuels my passion is the emphasis Inchcape places on ethical governance and standards. It’s one thing to profess a commitment to strict ethics and codes, but at Inchcape, we truly embody these principles. The role of a Chief Procurement Officer (CPO) is rare in the supplier side of our industry, highlighting the value Inchcape places on procurement as a critical function. This contrasts with many sectors where procurement is undervalued.

 

My role at Inchcape transcends traditional procurement functions like contract management and cost-saving. It encompasses driving value through maximising supplier relationships, maintaining service standards, fostering innovation, and spearheading sustainability and ESG initiatives. Our procurement department operates with a commercial mindset, actively engaging with customers to manage risks and enhance the supply chain they depend on through us.

 

I find that customers appreciate engaging with procurement professionals who understand their challenges. Being able to sit down with a counterpart and discuss solutions beyond the usual sales pitch not only breaks down barriers but also adds substantial value. This direct approach allows us to address their needs more effectively, showcasing Inchcape’s commitment to driving change and delivering results in the maritime industry.

In Association with:

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NavalHEAD International

Portfolio NavalHEAD

Navigating Innovation: NavalHEAD International’s Voyage in Luxury Yachting

 

In the dynamic world of luxury yachting, where elegance meets engineering, NavalHEAD International emerges as a vanguard of innovation and sustainable design. At the helm of this pioneering journey is Andrea Agrusta, whose vision and expertise have propelled NavalHEAD International to the forefront of yacht design and engineering. This feature delves into the core mission, innovative solutions, and future prospects that define NavalHEAD International’s distinguished presence in the maritime industry.

 

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Visionary Beginnings

 

From its inception, NavalHEAD International was envisioned to redefine the parameters of luxury yachting, intertwining innovation with unparalleled design aesthetics. Andrea Agrusta reflects on the foundational principles that guide the company’s path.

“Our aim has always been to set a new benchmark in design and engineering within the luxury yachting market, with innovation guiding every design task we undertake.”

Pioneering Innovative Solutions

 

NavalHEAD International distinguishes itself through its commitment to efficiency, comfort, and environmental consciousness. The company’s approach to yacht design is a testament to its innovative spirit, striving for excellence in every project.

 

“We are dedicated to the development of high-efficiency hulls and innovative structural layouts that not only enhance seakeeping and reduce fuel consumption but also elevate the onboard experience for guests.”

Addressing Maritime Challenges

 

In an industry undergoing rapid transformation, NavalHEAD International stands at the forefront of addressing the pressing challenges of sustainability and green technology. Agrusta highlights the company’s proactive stance in integrating alternative propulsion systems and sustainable materials into their designs.

 

“The transition to green technologies is imperative. We are constantly exploring alternative propulsions and materials to enhance the efficiency and environmental footprint of our vessels throughout their lifecycle.”

Sustainability at the Helm

 

Sustainability is more than a buzzword for NavalHEAD International; it’s a core principle that permeates every aspect of their design and engineering processes. Agrusta speaks to the company’s enduring commitment to eco-friendly practices.

 

“Our focus on hydrodynamic efficiency and pioneering the use of full electrical propulsion since 2012 underscores our dedication to reducing emissions and advancing sustainable maritime solutions.”

Harnessing Technological Advancements

 

At NavalHEAD International, cutting-edge technology and software are pivotal in optimising yacht performance and design. Agrusta emphasises the role of advanced fluid dynamics techniques in their design process.

 

“We leverage the latest fluid dynamics software and hardware to simulate and optimise yacht hull performance, ensuring each vessel achieves the best possible marine performance.”

Embracing Global Diversity

 

Serving an international clientele brings unique challenges and opportunities. Agrusta discusses how NavalHEAD International’s global operations enrich their design philosophy and market understanding.

 

“Our diverse clientele helps us cultivate a more open-minded vision, allowing us to understand and cater to the eclectic requests of shipowners from various cultures.”

Collaborative Design Excellence

 

Client collaboration is integral to NavalHEAD International’s design philosophy, ensuring that each project reflects the client’s vision while achieving the highest standards of comfort, safety, and performance.

 

“We treat every client as our most important guest, guiding them to solutions that best meet their needs, and ensuring that the final product reflects the pinnacle of design, comfort, and performance.”

Charting Future Horizons

 

With several exciting projects in the pipeline, including collaborations with renowned designers and expansions into new yacht ranges, NavalHEAD International is poised for continued growth and innovation.

 

“The development of custom yachts globally and the technical design of the new Ocean Alexander range are just a few examples of the exciting projects that lie ahead for us.”

Industry Insights and Advice

 

In an industry characterised by rapid growth and fluctuating trends, Agrusta shares insights on adapting to market demands and offers advice to aspiring maritime professionals.

 

“The maritime industry offers immense opportunities, but it requires resilience and a willingness to adapt. For those aspiring to make their mark, perseverance and hard work are key.”

 

NavalHEAD International, under the visionary leadership of Andrea Agrusta, continues to chart a course of innovation and excellence in the luxury yachting industry. With a steadfast commitment to sustainability, technological advancement, and client collaboration, NavalHEAD International is not just navigating the currents of change but is also setting new standards for what luxury yachting can be in the modern era.

In Association with:

Founded in 1978 in Marsala (TP) by Francesco De Vita, it quickly became a leading company in the design and construction of reverse osmosis watermakers and water treatment systems in the nautical, offshore, oil & gas and industrial fields and residential.

www.tecnicomar.it 

 

 

With great pride, we present our new “San Rocco International Shipyard” project in Muggia, a picturesque village in the province of Trieste along the Adriatic coast. The idea behind this project stems from our love of the sea, the boats and ship building, combined with our experience in business, our passion for innovation and our confidence in the future.

www.sanroccoshipyard.com

ABS Endorses Light Structures’ SENSFIB Hull Stress Monitoring System with SMART PDA

In a significant advancement for maritime safety and digitalisation, the American Bureau of Shipping (ABS) has awarded the SMART Product Design Assessment (PDA) to Light Structures’ SENSFIB Hull Stress Monitoring System. This recognition marks a pivotal moment in the industry, highlighting the system’s exceptional capabilities in enhancing structural health monitoring and prediction through its innovative fibre optic sensor-based approach.

Innovative Approach to Structural Health Monitoring

The SENSFIB system, distinguished by its Tier 3 Smart Structural Health Monitoring classification, utilises cutting-edge fibre optic technology to provide real-time, high-fidelity data on hull stresses. This data, derived from a network of fiber optic strain sensors and accelerometers, offers invaluable insights into the impacts of cargo loading, environmental conditions, and the passage of time on vessel integrity.

Enhanced Safety and Operational Efficiency

Vessels equipped with the SENSFIB system can now achieve the ABS Class notation SMART(SHM) Tier 3, signifying a global standard in hull and fatigue monitoring. This classification not only underscores the system’s reliability but also its contribution to safer maritime operations and condition-based maintenance strategies.

A Testament to Collaboration and Innovation

The certification was formally presented to Niklas Hallgren, CEO of Light Structures, at the ABS headquarters in Houston, symbolising a collaborative effort towards advancing maritime safety. Patrick Ryan, ABS Senior Vice President and Chief Technology Officer, praised the certification as a testament to Light Structures’ commitment to structural health and the growing importance of SMART systems in the industry.

About ABS

ABS stands as a global leader in classification and technical advisory services for the marine and offshore industries, dedicated to promoting safety, design excellence, and the practical application of advanced technologies.

About Light Structures AS

Founded in 2001, Light Structures AS has emerged as the premier provider of fibre optic stress and fatigue monitoring systems, leveraging Fibre Bragg Grating technology to deliver bespoke solutions for maritime asset design, safety, and operations.

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Ambrey and Inchcape Shipping Services Forge Strategic Alliance to Elevate Maritime Safety and Security

Ambrey and Inchcape Shipping Services (ISS) have announced a ground-breaking partnership aimed at redefining safety and security standards within the maritime sector. This collaboration merges Ambrey’s leading safety and security expertise with Inchcape’s extensive global network and operational knowledge, promising to deliver enhanced safety measures and improved commercial outcomes across the industry.

A Comprehensive Suite of Services

Under the leadership of Vice President Chris Greenwood, Inchcape’s dedicated Survey & Inspection Department will offer a wide array of services in collaboration with Ambrey. These services include Citadel Inspections, Ship Security Assessments, Anti-Piracy Ship Security Assessments, Ship Security Plan Reviews, and Port Security Assessments. This partnership is poised to significantly strengthen safety protocols, operational efficiency, and risk management in maritime operations worldwide.

Leveraging Global Expertise for Enhanced Safety

Inchcape Shipping Services, known for its trusted expertise and representation in over 85% of the world’s ports, brings to the table a deep understanding of commercial shipping operations. This, combined with Ambrey’s unparalleled risk management capabilities, aims to foster a culture of safety and best practices within the maritime industry, ultimately benefiting the sector’s safety and commercial viability.

A Union of Strengths for Unmatched Solutions

The alliance allows Inchcape to tap into Ambrey’s vast experience in safety and security, complementing its own global reach, data intelligence, and comprehensive marine services. This synergy is expected to set new benchmarks for safety and security solutions in the maritime domain, with both entities committed to driving significant advancements in industry standards.

Industry Leaders on the Partnership

Svend Stenberg, CCO at Inchcape Shipping Services, expressed enthusiasm about the partnership, highlighting the combined potential to revolutionise maritime safety protocols. Chris Charnley, Group Managing Director at Ambrey, emphasised the partnership’s role in addressing the dynamic threats facing global shipping and the maritime sector, underscoring Ambrey’s commitment to innovation and leadership in maritime security.

About Inchcape Shipping Services

Inchcape Shipping Services stands as the premier Port Agency and Marine Services provider, with a rich history dating back to 1847. With a global footprint spanning 247 offices in 60 countries, Inchcape is dedicated to delivering smooth port calls and successful trade operations, supported by a team of over 3,200 professionals.

About Ambrey

Ambrey is recognised as a global leader in maritime security risk management, offering comprehensive solutions to safeguard crew, vessels, and cargo. With a robust team and a global presence, Ambrey combines unique data, insights, and technology to mitigate operational risks effectively.

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Discover the Power of Data with Nautical Digital’s Data Discovery Service

Did you know that 75% of industry leaders believe data helps them maintain a competitive advantage? At Nautical Digital, we are not just a media platform; we are your strategic partner in digital transformation. Specialising in the maritime industry, our digital marketing services have empowered countless businesses to navigate through the challenges of the digital age.

 

In this blog, we explore how our Data Discovery services can revolutionise your lead generation and prospecting, transforming your engagement strategies and driving your business growth.

 

Why is Data Important?

Data is the cornerstone of strategic business decisions. Keeping your database regularly updated prevents the pitfalls of outdated information, which can lead to missed opportunities and ineffective strategies. A robust database enables you to:

 

  • Stay Relevant: Continuously align your offerings with the current market demands.
  • Enhance Engagement: Reach the right people with messaging that resonates on a personal level.
  • Drive Growth: Leverage data insights to fuel innovation and expand your market reach.

 

 

Our Data Discovery Services

Our Data Discovery services are designed to unearth valuable, actionable insights that propel maritime businesses forward:

 

Directory Listings

Leverage online directories where companies and professionals list their services. We don’t just scrape these directories; we enrich the data with additional fields relevant to your industry, transforming basic listings into a strategic asset for your business.

 

Exhibitor Lists

Maximise your event ROI by connecting with key players through enhanced exhibitor lists. This service is perfect for scheduling impactful meetings and creating targeted pitches that resonate with your audience.

 

Association Member Lists

Unlock potential business opportunities by accessing and enriching association member lists. We add critical information such as decision-maker contacts and company metrics, turning these lists into powerful tools for targeted outreach.

 

LinkedIn Networking

Tap into your LinkedIn 1st-degree connections by exporting and enhancing these contacts. We also build or refine custom lead lists from LinkedIn or Sales Navigator. Provide the URL of your list, and we enrich it with detailed contact information, boosting your lead generation efforts.

 

LinkedIn Business Pages

Expand your outreach by exporting followers from your company’s LinkedIn page. We add valuable information to these lists, transforming followers into actionable leads, ideal for direct engagement and building meaningful business relationships.

 

Existing CRM Data

Revitalise your CRM data by updating incomplete or outdated information. We ensure every entry is actionable, enhancing your team’s efficiency and the effectiveness of your campaigns.

 

What Data Can We Obtain?

Our service covers a wide range of data fields, providing a comprehensive view of each prospect, including:

 

  • Contact Name, Position, Personal and Business Email
  • Phone, Address, City, State, Zip
  • Company Name, Website, Staff Level, Revenue
  • Industry, Personal and Company LinkedIn URLs

Precision in Contact Qualification

Our team qualifies between 20,000 to 30,000 contacts weekly, emphasising accuracy and relevance to meet your specific business needs. We are committed to maintaining a 90% accuracy rate, ensuring that the data you receive is reliable and valuable.

 

Tailored Solutions and Scalable Pricing

Understanding the diverse needs of the maritime sector, we offer flexible pricing:

 

  • Up to 50,000 records: £0.30 per record
  • 50,000+ records: £0.27 per record
  • 100,000+ records: £0.25 per record

 

With a minimum contract value of 1,000 records, we ensure that our services are accessible to both small ventures and large enterprises.

 

Commitment to Excellence

We are dedicated to upholding the highest standards of data quality and client satisfaction. Our goal is to transform your approach to market engagement and lead generation through precise and actionable data.

 

Partner with Nautical Digital

To begin your Data Discovery journey with Nautical Digital, contact us to discuss your needs and confirm your order. We are ready to help you revolutionise your data sourcing tactics and achieve unparalleled success in your market engagements.

 

Find out more about our range of Digital Marketing Services

Norway Strengthens Maritime Cybersecurity with NORMA Cyber Collaboration

In a strategic move to fortify its maritime sector, Norway has enlisted the expertise of the Norwegian Maritime Cyber Resilience Centre (NORMA Cyber) to lead its cybersecurity initiatives. This partnership underscores Norway’s commitment to safeguarding its maritime industry against the escalating spectrum of cyber threats.

A Unified Front Against Cyber Threats

NORMA Cyber’s collaboration with Norwegian authorities is set to enhance the maritime industry’s defence mechanisms by facilitating the production and distribution of critical cybersecurity warnings, sharing vital information, and analysing cyber-related incidents. This initiative is spearheaded by the Norwegian Coastal Administration (NCA), in conjunction with the Norwegian Maritime Authority, both of which serve as authoritative bodies on maritime security and preparedness.

Expanding Cyber Resilience Capabilities

With this new mandate, NORMA Cyber’s role extends beyond advisory services; the organisation will now actively participate in cyber crisis management, contribute to comprehensive reports, and collaborate closely with the NCA within the National Cyber Security Centre (NCSC). This expanded scope is anticipated to provide NORMA Cyber with deeper insights into cybersecurity trends and enable more effective dissemination of maritime cyber intelligence.

A Testament to Collaborative Effort

The decision to designate NORMA Cyber as a key player in maritime cybersecurity has been met with positive reception from industry leaders. Svein Ringbakken, CEO of The Norwegian Shipowners’ Mutual War Risks Insurance Association (DNK) and chairman of the board at NORMA Cyber, expressed satisfaction with the authorities’ choice, highlighting the potential for enhanced security measures that benefit both the industry and society at large.

About NORMA Cyber

NORMA Cyber, the Norwegian Maritime Cyber Resilience Centre, stands at the forefront of cybersecurity efforts within Norway’s maritime sector. By leveraging cutting-edge technology and comprehensive industry knowledge, NORMA Cyber aims to protect maritime operations from cyber threats, ensuring the safety and efficiency of Norway’s maritime activities.

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AD Ports Group Embarks on a Strategic Expansion with Karachi Port East Wharf Takeover

AD Ports Group, a global powerhouse in trade, logistics, and industry, has recently inked a 25-year concession agreement with Karachi Port Trust (KPT) to spearhead bulk and general cargo operations at Karachi Port’s East Wharf. This landmark deal marks a significant expansion of AD Ports Group’s operational footprint and underscores its commitment to enhancing global trade dynamics.

A Joint Venture for Growth and Efficiency

The agreement facilitates the formation of Karachi Gateway Terminal Multipurpose Limited (KGTML), a joint venture between AD Ports Group and Kaheel Terminals. KGTML is set to develop, manage, and operate berths 11-17 at the East Wharf, promising to revolutionise the port’s capabilities in handling general cargo and bulk operations, including steel, paper, clinker, grains, and fertilisers.

Investment and Innovation

With an initial investment of $75 million earmarked for the first two years, covering upfront fees, prepayments, and infrastructural enhancements, KGTML aims to significantly boost the terminal’s efficiency and capacity. An additional investment of $100 million is projected within five years to further elevate the terminal’s operational standards, with an anticipated increase in capacity by 75%.

Strategic Control and Enhanced Operations

This new concession complements a previous agreement that granted AD Ports Group control over container operations at Karachi Port’s East Wharf, effectively consolidating its influence over the strategic maritime hub. The integration of these operations is expected to streamline processes, enhance safety and security measures, and significantly increase cargo handling capacity, with projections indicating a capacity to manage up to 14 million tonnes per annum post-investment.

A Vision for the Future

Under the leadership of Capt. Mohamed Juma Al Shamisi, AD Ports Group aspires to transform Karachi Port into a dynamic global trade hub, equipped with state-of-the-art infrastructure and cutting-edge digital solutions. This vision aligns with the broader objectives of fostering economic diversification and establishing strategic partnerships that bolster regional and global trade networks.

About AD Ports Group

AD Ports Group stands at the forefront of facilitating trade, logistics, and industrial activities worldwide. With a rich heritage and a forward-looking approach, the group continues to expand its global presence, driving innovation and excellence in the maritime sector.

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ZeroNorth Expands Digital Horizons with Acquisition of Euronav’s FAST Platform

In a strategic move that underscores the accelerating pace of digital transformation in the maritime industry, Denmark-based technology firm ZeroNorth has announced its acquisition of the Fleet Automatic Statistics and Tracking (FAST) platform from Belgian shipping giant Euronav. This acquisition not only marks a significant expansion of ZeroNorth’s digital offerings but also heralds a new era of enhanced operational efficiency and sustainability in maritime logistics.

FAST: A Beacon of Digital Innovation

The FAST platform, renowned for its advanced high-frequency data collection capabilities, has been instrumental in optimising Euronav’s fleet operations. By facilitating real-time data acquisition from onboard sensors, FAST has enabled improved ship reporting, voyage optimization, and overall vessel performance. This integration of technology has led to notable reductions in fuel consumption and operational expenses, aligning with broader industry goals of sustainability and efficiency.

A Partnership for the Future

With this acquisition, Euronav transitions to a customer of ZeroNorth’s comprehensive platform, signaling a deepening of collaborative ties between the two entities. The integration of FAST’s capabilities with ZeroNorth’s platform is expected to yield significant advancements in data-driven maritime operations, offering a blueprint for the industry’s journey towards zero emissions.

Investing in a Sustainable Maritime Ecosystem

ZeroNorth’s Chief Growth Officer & EVP, Pelle Sommansson, emphasised the transformative potential of incorporating FAST into their platform, highlighting the pivotal role of high-frequency data in overcoming industry challenges. Euronav’s Operations Manager, Patrick Declerck, echoed this sentiment, underscoring the partnership’s alignment with Euronav’s sustainability ambitions and its impact on fostering a greener shipping industry.

About ZeroNorth

ZeroNorth is at the forefront of digital innovation in the maritime sector, dedicated to optimising vessel operations and promoting sustainability through cutting-edge technology solutions. With a focus on data-driven decision-making, ZeroNorth is helping shape the future of global trade and environmental stewardship in shipping.

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Maximising Maritime Engagement: Nautical Digital’s Social Media Marketing Services

Welcome to the cutting-edge of social media marketing with Nautical Digital, where we turn platforms like LinkedIn, Twitter, Facebook, and Instagram into powerful tools for customer engagement and brand development. In today’s fast-paced digital landscape, our service goes beyond mere exposure to cultivate deep, meaningful connections through diverse content formats tailored to the maritime industry.

 

Strategy Tailored for Authentic Connection

Our process begins with a discovery call, which allows us to dive deep into your brand’s world—understanding your business, aspirations, and previous social media efforts. This foundational insight helps us craft a bespoke social media strategy that not only aligns with your goals but also resonates with your audience.

 

Research and Strategic Planning

With your objectives in focus, we undertake comprehensive research to analyse your audience, competitors, and optimal channels. This detailed preparation supports the development of a strategy that effectively communicates your brand’s message and values.

 

Engaging Your Audience with Compelling Content

 

  • Content Creation: Our team of creative professionals produces captivating content that speaks in your brand’s voice, designed to boost visibility and engagement.
  • Account Management: We optimise your social media profiles, maintain consistent posting schedules, and monitor analytics to maximise engagement.
  • Performance Tracking: Transparency is key in our approach. We provide detailed reports and insights, enabling you to see the real-time impact of our strategies.

 

Collaborative Content Development and Review

After strategic development, we create sample posts to preview the content direction. This collaborative phase ensures our strategies align perfectly with your expectations. Client feedback and approval are integral to refining our approach and defining success metrics, setting the stage for effective engagement.

 

Flexible Plans to Fit Your Needs

Nautical Digital offers versatile service packages to accommodate different needs, including:

 

  • Choice of 15 or 25 posts per month.
  • Options for single-channel or multi-channel coverage.
  • Custom graphics that reflect your brand identity.
  • Collaborative tools like Trello for seamless communication and project management.

 

Investment in Your Brand’s Future

Our social media marketing services start at £450 per month, requiring a six-month commitment to achieve meaningful results. An initial setup fee of £250 covers all preparatory work needed to launch your tailored campaign.

 

Partner with Nautical Digital

Embark on a transformative journey with Nautical Digital. Our tailored strategies and personalised content creation are designed not just to amplify your reach but to forge lasting connections that resonate within the maritime community. Let’s navigate the digital seas together and chart a course towards your brand’s success.

 

Find out more about our range of Digital Marketing Services