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In the present, Shipping Agents of shipping market are usually nominated by chaterer’s recommendation and request, Therefore agents used not to give 100% satisfaction to ship owner because time and service is more likely to be contributed to charterer’s interest.
To solve this unpleasant case, we would like give Owner solution, called “Owner Protective agent System”Owner protective Agent is Managing Owner Service Matter
which is included the crew Owner Service Matters Agreement has been made between Teekay Shipping Canada and K-Marine Co., Ltd.

As per this Agreement since year of 1989,K-Marine Co., Ltd. Has been served as Owner Protective Agent, and has managed Owner Service Matter of tanker Vessels of Teekay shipping own vessel calling in Korea, 80~100 vessels per year and have been processing or going diversification of Agent Business since year of 2004.