Balancing Quality Service with Cost Efficiency.
TCM has a substantial negotiating power pooling with associated management entities. With a total fleet managed of more than 300 vessels, TCM disposes of significant buying power in the supplier market, the benefits of which are passed on to Shipowners. Competitive agreements exist in areas such as lub oil, transportation, stores, chemicals, classification fees, spares and insurances. This allows for very competitive vessel’s operating expenses without any compromise on quality.
TCM is able to leverage the extensive purchasing power of Columbia Shipmanagement and of Tsakos Shipping and Trading S.A. to achieve significant economies of scale that translate to a cost effective procurement and supply function for TCM’s clients. TCM negotiates all procurement agreements on behalf of its clients and optimizes the timing of purchases to take advantage of favorable prices and bulk orders. TCM has arrangements with and can source from multiple suppliers, ensuring that TCM’s prices are competitive in the market. Procurement and supply of items include lub oils, bunkers, ropes, stores, paints, chemicals, spares, gases and others. TCM has global network and extensive relationships that enable it to achieve timely delivery of all supplies at a number of ports worldwide.