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!