VesselMan chief executive Glenn Edvardsen and chief operating officer and founder Stig Linna estimate that shipowners globally are forced to carry out about 20,000 or more dry-dockings, costing in the region of $75bn. So they see the cloud-based software for dry-docking of their Oslo-based technology company, which has already signed up shipowners with around 300 vessels in total, as a digital “no-brainer”: It simplifies, organises and cuts costs either for single projects or for entire fleets simultaneously.
Edvardsen and Linna tell TradeWinds that VesselMan's clients should expect significant savings for these regulatory dry-dockings but also for repairs and retrofitting, such as installing scrubbers or ballast-water treatment. “In terms of saving money, it is the standardised process, the efficiency and the transparency, and we believe that an owner will be able to reduce costs by more than 10% on the dockings,” Linna says. “Basically, it’s about taking the way vessel management is done to the next level by using cloud-based collaboration."