Financial Maritime Management

Financial Maritime Management (FMM) refers to the management and administration of financial activities in the maritime industry. The maritime industry encompasses a wide range of activities related to shipping, logistics, port operations, and marine services. FMM focuses on the financial aspects of these activities, including budgeting, accounting, financial analysis, risk management, and investment strategies specific to the maritime sector.

In the context of FMM, the financial management principles and practices are applied to maritime companies, shipping lines, port authorities, marine service providers, and other entities operating within the maritime industry. The primary goal of FMM is to ensure the efficient and effective use of financial resources, enhance profitability, and mitigate financial risks associated with maritime operations.