Page 21: of Maritime Logistics Professional Magazine (Q2 2011)
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Photo Gr eg T rauthwein
Svein Elof
Pedersen
CEO, Noah Ship Management “Our optimum size is 35 ships … the intention is to keep this smaller, more manageable. If you have 35 ships or 150 ships, it really doesn’t matter because you’re not making more money, due to the increased top end management costs.”