Market Resistant Maritime Operations
While 92% of the companies under survey wanted to undertake “Digital Automation Of Vessels & Ship Management Processes”, more than 71% have still not taken their first steps towards the digital journey.
Covid 19 impact globally is already being felt with airports, countries under lock down . News is emerging from all parts of the world about Ship Owners, Managers, Suppliers contemplating cost reduction as a preparation for tougher times ahead. History repeats itself : many of these companies often find reducing man power as the first remedy which is seen by many as a myopic & a knee jerk reaction.
“City Lock downs”, “Work from home” while is being practiced off late due to Covid 19 across the world : however this is leading the world to the digital economy of “Remote Management” . Global Maritime with its vessel locations, charter party terms, end customers & multiple entities in between is posed for “Remote Vessel Management” for Cost Savings & Efficiences.
Commercial managers & superintendents are now leveraging technology to manage :
- Vessel machinery ( Condition & Health Monitoring)
- Spares & Maintenance ( PMS )
- Procurement ( Based on live vessel data & condition )
- ETA ( based on live vessel navigation data Vis-à-vis weather & Sea state)
- Charter party terms ( pertaining to consumption & vessel speed)
- Reliability ( with help of machinery performance advisory )
Remote Monitoring & Vessel Management is cutting down costs upto 9% in monthly operations. Depending upon best practices undertaken , Ship owners are realizing minimum 5% cost optimization with digitized processes & performance prediction with help of Business Intelligence.
Remote Command & Control Set up by Smart Ship Hub is further more aiding in up to 30% savings in manpower cost while providing 24/7 support. Manpower deployed currently can handle up to 30% more tasks and responsibilities with help of Smart Ship Command & Control .
Agile ship management companies are continuing to get smarter and managing to achieve high gross margins using Smart Sensors, Industrial IOT, Analytics
Let Smart Ship Hub lay down your “Digital Automation Roadmap” in a partnered way. Reach out to Smart Ship Hub www.smartshiphub.com to understand how existing vessel management, consumables, spares, maintenance , charter party terms can be optimized using “ Smart Ship Remote” .
Smart Ship Hub : Singapore | India
Mail : contact@smartshiphub.com
Phone : +917620225640