Oilprice: Challenge or opportunity?

In current months oil prices have dropped to the lowest point in recent history, heavily influencing global economy. The impact for the offshore industry is eminent. Layup of vessels and extremely low charter rates are putting a lot of pressure on vessel managers. But let’s look at the opportunities created by these circumstances, to make sure you stay ahead of the pack when the market demands for it:

oilprice-Focus on your vessel maintenance- and operational costs. Reduction of your opex, without jeopardizing  safety and flexibility is key to profitable assets.

-Review your asset efficiency. Higher efficiency and reduction of your asset CO2 footprint will beat the competition.

-Update your operational procedures and crew familiariation documents: the more easy your (flexible) crew is re-familiarized after a long idle period.

-Think about your maintenance strategy and corresponding stocklevels

IM2C is happy to support your staff in making the right choices!

Critical functions

Need a practical approach to your asset management? IM2C gives you a tailor made solution to determine your vessel critical functions, components and subsequent spare parts.

Vessel maintenance is no exact science, and in many ways less predicteable if compared to an onshore production environment.

The main goals you want to achieve with your maintenance strategy is:

  • minimizing maintenance costs
  • optimizing safety for your crew and assets
  • maximizing the uptime of your asset
  • minimizing the need of external resources on ad-hoc basis
  • optimizing the spare parts stock on board; minimizing ‘dead capital’ with the least risk of downtime
  • to stay compliant with all requirements
  • optimizing your energy consumption
  • continuous improvement and optimization of your maintenance strategy and implementation of changes forced by changing regulations

spare parts puzzleTo make sure you achieve these goals IM2C can assist in many ways, but a good starting point is to identify your critical functionality. Our practical approach combines the experience of your crew and technical staff with theorectical models and any existing PMS structures, so you can optimize your maintenance, stocklevels and procurement routines.

The output? Not just another document that will end up in the archives, but a tool that will keep you ahead of the game!