Tag: <span>Cost Savings</span>

Bakker Sliedrecht deploys condition-based maintenance
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Bakker Sliedrecht deploys condition-based maintenance

Electrical systems provider Bakker Sliedrecht has switched partly from time-based maintenance to condition-based maintenance to optimise vessel maintenance cycles. The company, which installs and monitors electrical drive systems and components is using condition-based maintenance to ensure that maintenance, repair and replacement are only planned and carried out when necessary, improving cost efficiency. Time-based maintenance focuses...

Modularisation could cut costs and overhaul the ship design and production process
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Modularisation could cut costs and overhaul the ship design and production process

The Transport: Advanced and Modular (TrAM) research project aims to develop a zero emission fast going passenger vessel through advanced modular production that has previously not been demonstrated. 14 project partners are working together with new manufacturing methods to achieve a 25 per cent lower production cost and 70 per cent cut in engineering costs...

Unnecessary maintenance could be costing £15m per asset, says LR
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Unnecessary maintenance could be costing £15m per asset, says LR

Lloyd’s Register (LR) has reported that as much as 40 per cent of maintenance work carried out by Floating Production Storage and Offloading (FPSO) vessel operators is unnecessary. By reducing these unwarranted manhours, operators could save on average almost £600,000 per asset each year, which is equivalent to £15m over an assets’ life. By applying...