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Press Release

Arcadia Shipmanagement Signs ABS Advanced Solutions Enterprise Asset Management Agreement

August 7, 2018

(HOUSTON) Arcadia Shipmanagement Co. Ltd. selected ABS Advanced Solutions to implement an Enterprise Asset Management (EAM) Program to further enhance the reliability of its 15 tanker fleet.

"Arcadia Shipmanagement Co. Ltd.'s implementation of the ABS Enterprise Asset Management program is a powerful endorsement of our comprehensive approach and process," said Richard Pride, Senior Vice President of ABS Advanced Solutions. "We are pleased Arcadia chose ABS and we are eager to assist them on their asset optimization journey, as well as in meeting their tanker management objectives."

Arcadia Shipmanagement Signs ABS Advanced Solutions Enterprise Asset Management Agreement

Mr. Dimitris Mattheou, CEO of Arcadia, said, "We are confident in the ABS approach and look to validate our processes – with a strategic focus to improve our tankers efficiency and reliability – leveraging their technical expertise and strong EAM experience. The outcome of this work will make a significant contribution to our current efforts to strengthen our asset management process."

This industry-leading program addresses core elements established over more than a decade of experience: asset lifecycle management strategy; Computerized Maintenance Management System utilization; inventory management; planning, scheduling and process automation; performance optimization; and maintenance and reliability strategy.

The Advanced Solutions EAM program is designed to aid owners and operators with managing physical assets from design to decommissioning to optimize use, reduce costs, and improve vessel reliability and efficiency.

Source: American Bureau of Shipping

 

About ABS

ABS, a leading global provider of classification and technical advisory services to the marine and offshore industries, is committed to setting standards for safety and excellence in design and construction. Focused on safe and practical application of advanced technologies and digital solutions, ABS works with industry and clients to develop accurate and cost-effective compliance, optimized performance and operational efficiency for marine and offshore assets.   

About ABS Group

ABS Group of Companies, Inc. (www.abs-group.com), through its operating subsidiaries, provides data-driven risk and reliability solutions and technical services that help clients confirm the safety, integrity, quality and environmental efficiency of critical assets and operations. Headquartered in Houston, Texas, ABS Group operates with more than 1,300 professionals in over 25 countries serving the industrial manufacturing, oil, gas and chemical, marine, offshore and government sectors. ABS Group is a subsidiary of ABS, a leading marine and offshore classification society.

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