Press Release: Pilot project announced between Lloyd’s Register and Tufton Oceanic

PRESS RELEASE: A strategic project is announced between Tufton Oceanic’s asset management company Oceanic Marine Management (OMM) and Lloyd’s Register (LR) in the area of maintenance optimisation and digital innovation.

The project will cover the optimisation of the maintenance strategies on two vessels in the OMM fleet and provide the strategy for implementing Condition Based Monitoring.

The initial stages will use a Reliability Centred Maintenance approach utilising LR’s RTAMO – a software technology that enables a structured approach to maintenance development and optimisation with proven savings in the Offshore industry of 30%.

At a ceremony to mark the announcement, LR’s Marine & Offshore Director, Nick Brown said: “This is an important step for LR, this will be the first of its kind for us as a comprehensive maintenance optimisation and digital innovation project and will benefit OMM with the ability to reduce maintenance costs, without negative impact to safety as well as increasing the utilisation and reliability of their vessels.”

OMM Managing Director, Roine Ahlquist commented, “In working together with LR, OMM would be amongst the front runners in the industry, moving beyond traditional engineering and maintenance programmes and towards an asset management concept based on both new technologies and advancements in existing ones. We are very pleased with the works that have been done thus far with LR and look forward to a long-standing valuable cooperation.”

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