NYK and LR report highlights benefits of data-driven Condition-Based Maintenance

A new research report published by NYK Line and Lloyd’s Register has highlighted the potential impact of data-driven Condition-Based Maintenance (DCBM) on improving vessel efficiency and reliability across the maritime sector.

The white paper explores how DCBM processes that utilise the latest analytical models could deliver benefits through increased equipment availability, reduced downtime and lower total maintenance costs, whilst also outlining the potential pathways to successful implementation and the obstacles that must be navigated.

The report points to four key challenges that shipowners must address to fully deliver the benefits of condition-based maintenance – 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.

“As a company at the forefront of innovation in the maritime industry, we are thrilled to be part of this collaborative effort to explore the opportunities and challenges of Data-Driven Condition-Based Maintenance (DCBM),” said Hideyuki Ando, Director of MTI, NYK Group’s technology R&D Division.

“The comprehensive analysis provided in the publication underscores the transformative potential of DCBM in enhancing maintenance efficiency, reducing operational costs, and improving safety standards across the industry.”

“We believe that by fostering data sharing and collaboration among stakeholders, we can collectively propel the digitalisation and data-driven evolution of maritime operations, for a more sustainable, efficient, and interconnected maritime ecosystem.”

The report encourages industry stakeholders, including Original Equipment Manufacturers (OEMs), to examine the possibilities of DCBM technologies and determine how they could deliver a range of improvements beyond just enhancing safety, noting that embracing a data-driven future and prioritising analytics-driven maintenance could help to deliver competitive advantage, reduce overheads, and drive excellence in maritime operations.

“There is currently a major shift in the maritime industry’s operational processes that will challenge our ability to adapt to new global demands,” said Luis Benito, Strategic Business Partner – Japan, Lloyd’s Register.

“The twin drivers of decarbonisation and digitalisation are creating welcome disruption to legacy processes and forcing shipping to embrace new ways of working. By adopting new technologies and practices such as data-driven condition-based maintenance, shipowners can prioritise safety and protect their return on investment whilst lowering their OPEX.”

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About the Author

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Rob O'Dwyer

Rob is Chief Network Officer and one of the founders of Smart Maritime Network. He also serves as Chairman of the Smart Maritime Council. Rob has worked in the maritime technology sector since 2005, managing editorial for a range of leading publications in the transport and logistics sector. Get in touch by email by clicking here, or on LinkedIn by clicking here.

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