- New research with LR and NYK Line points to the challenges and opportunities of analytical condition-based maintenance.
- Data-driven maintenance offers clear path for improving fleet reliability and efficiency.
Joint research from Lloyd’s Register (LR), Nippon Yusen Kabushiki Kaisha (NYK Line) and MTI Co., Ltd. (MTI) has identified that the adoption of data-driven Condition-Based Maintenance (DCBM) can have a significant impact on vessel efficiency and reliability.
Maximising the benefits of condition-based maintenance
The white paper shows how DCBM processes that utilise the latest analytical models can deliver considerable benefits to the maritime industry, whilst outlining the potential pathways to its successful implementation and the obstacles that must be navigated.
The report also points to four challenges that shipowners must address to maximise the benefits of condition-based maintenance. These are a lack of precision in maintenance and inspection checklists, deviations from scheduled maintenance and inspections, vague or undefined criteria when identifying hazardous operating conditions and ensuring an effective strategic response when faced with system failures.
By overcoming these challenges, owners and operators can benefit from increased equipment availability, reduced downtime and lower total maintenance costs. This could collectively contribute to a higher return on investment from their assets and significantly lower operational expenditure (OPEX) whilst reducing crew workload and improving safety standards.
The report encourages industry stakeholders, including Original Equipment Manufacturers (OEMs), to explore the possibilities of DCBM technologies for a range of improvements beyond just enhancing safety. The research indicates that by embracing a data-driven future and prioritising analytic-driven maintenance, owners and operators can secure a competitive advantage, reduce overheads, and deliver excellence in maritime operations.
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Source: Lloyd’s Register
