LR and Tufton Oceanic in pilot project on maintenance optimization

Nick Brown and Roine Ahlquist Nick Brown and Roine Ahlquist

JUNE 15, 2018 — Lloyd's Register and Tufton Oceanic's Limassol, Cyprus, headquartered asset management company Oceanic Marine Management (OMM), are undertaking a pilot project in the area of maintenance optimization and digital innovation.

OMM manages a fleet of over 60 vessels and the project will cover the optimization of the maintenance strategies on two of them and provide a strategy for implementing condition based monitoring.

The initial stages will use a reliability centered maintenance approach utilizing LR's RTAMO. This is a software technology that enables a structured approach to maintenance development and optimization that has yielded savings in the Offshore industry of 30%.

LR's Marine & Offshore Director, Nick Brown said: "This is an important step for LR, this will be the first of its kind for us as a comprehensive maintenance optimisation and digital innovation project and will benefit OMM with the ability to reduce maintenance costs, without negative impact to safety as well as increasing the utilization and reliability of their vessels."

OMM Managing Director, Roine Ahlquist commented: "In working together with LR, OMM would be amongst the front runners in the industry, moving beyond traditional engineering and maintenance programs and towards an asset management concept based on both new technologies and advancements in existing ones. We are very pleased with the works that have been done thus far with LR and look forward to a long-standing valuable cooperation."

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