-Please give us an overview of Bainbridge Navigation.
“Since its inception, Bainbridge Navigation has successfully completed 1,873 voyages, calling 5,425 ports, generating approximately US$2 billion in revenue, and transporting approximately 116.6 million tons of cargo. We have 65 vessels in operation at any given time.”
“Our core mission is to provide efficient freight forwarding solutions tailored to our diverse clientele. We have cultivated a diverse fleet that encompasses a wide range of modern dry bulk vessels and chemical tankers. Our portfolio includes Handysize, Handymax, Supramax, Ultramax, Panamax, Post-Panamax, Baby Capes, Capes, and Chemical Tankers.”
“Our offices are located in key maritime hubs – Singapore, India, United Arab Emirates, Malaysia, and Germany. Our relentless commitment to excellence and pursuit of innovation drive our success and solidify our position as a leader in the shipping industry.”
-What kind of relationship does Bainbridge Navigation hope to build with the Japanese shipping industry and shippers?
“BB hopes to build a strong and mutually beneficial relationship with the Japanese shipping industry. Japan has a rich shipping tradition and plays a pivotal role in world trade. Our vision for this relationship encompasses several important aspects.”
“We aim to foster collaborative partnerships with Japanese shipping companies and cargo stakeholders, with an emphasis on synergies and shared expertise. Next, in terms of operational excellence, BB is committed to providing top-class services in line with the high standards of the Japanese shipping industry, including cargo contracts and ship chartering. Even for chartered vessels, BB can provide top-class services in line with the high standards of the Japanese shipping industry.”
“Regarding market expansion, Japan’s strategic location and strong presence on global trade routes make it a valuable market for Bainbridge Navigation. Bainbridge Navigation aims to expand its business in the Japanese market by providing shipping solutions tailored to the needs of local shipowners.”
-What are BB’s strengths compared to other shipping companies?
“BB has several strengths that set it apart from other shipping companies. We have an asset-light business model. Unlike many other shipping companies that invest heavily in owning and maintaining a fleet of vessels, we have adopted a more agile and cost-effective approach based on cargo transactions. This strategic decision allows us to remain agile, adaptable, and highly competitive in a dynamic market.”
-Do you have any other services?
“At BB, we have a dedicated FFA desk. The shipping market is volatile and requires a proactive approach to managing price fluctuations. To address this challenge, BB has a dedicated FFA desk. This dedicated team is well-positioned to protect our clients from market volatility. Through careful analysis, hedging strategies, and market insight, we minimize the impact of price volatility on our business and our clients’ cargo. This proactive stance reinforces our commitment to providing reliable and consistent service regardless of market conditions.”
“ This diversification not only makes us more resilient, but also allows us to take advantage of various opportunities in different markets, including the Atlantic, Indian, and Pacific regions.”
-How about recent BB results?
BB’s most recent financial results were $520.8 million in sales and $21.1 million in earnings before taxes (EBT).
Biography
Deepak Kumar Sharma
Deepak Kumar Sharma graduated from the Singapore Maritime Academy with a Bachelor of Maritime Studies and an MBA in Operations Management from SP Jain School of Global Management. He then joined Daiichi Chuo Shipping (Singapore) Pte Ltd as an Operations and charter Executive and was appointed Manager of the Chartering and shipping Division at CMB Bocimar and General Manager of the Pacific Charterer Division at Norvic Shipping before founding BB in 2005. Founded BB in 2017.