Significant improvement in how they handle dry-docking projects, achieving cost reductions in the millions
Over the last year, Indonesian container line Meratus has seen a significant improvement in how they handle dry-docking projects, achieving cost reductions in the millions. This thanks to improved planning processes and more professional management of repair yards, all supported by VesselMan’s cloud-based solution for managing dry-docking and ship repair projects.
What was your dry-docking process like before and after VesselMan?
“As is the case in many shipping companies, dry-docking was seen as a mainly technical undertaking driven by individual superintendents, based on their practical experience. There were no standardized tools or processes. Delays and cost-overruns were common, and we cannot really claim that our docking projects were fully under control. From the second quarter last year we introduced a standardized project management process, risk management, a strict variation order process and tight cost control. VesselMan supports all of this and has been an invaluable tool for us. We docked 18 vessels last year and have achieved a 41% reduction in docking time compared to Q1 2018 with a corresponding saving in off-hire costs. It's difficult to eliminate technical difficulties entirely but we can honestly say that we have brought docking cost and time under control. Our operations department is happy about that."
What’s your favorite VesselMan feature?
“There are a lot of features I like, but the masterplan builder is really a great feature. Masterplan for drydocking is delivered as an integrated part of the VesselMan solution, helping our Superintendents and project managers to follow a standard and effective way of working. Can easily be modified or replaced when we update the procedures.
What’s the most challenging thing you do during a dry-dock?
We faced challenges from 4 elements of a typical project: — safety, quality, schedule and cost. Dry-docking is the most demanding challenge during the vessel’s five-year cycle. It certainly is a regulatory commitment, but more importantly it is the opportunity we have to address the wear a vessel accumulates while she is in operation, and to get her back in shape.
What’s one piece of advice you would give to a new VesselMan subscriber?
Dry-docking is an orchestrated effort involving multiple stakeholders ship manager, classification society, her flag state, the shipyard, repair teams, various subcontractors, specialists and consultants. All of these parties must work together to ensure the vessel’s condition meets regulatory requirements, including retrofit requirements. Every minute you spend on something that isn’t revenue producing is money out of your pocket, so by using VesselMan we keep control on cost and schedule.