V.Group presents at the Japan Ship Finance Forum

Last week, our Business Development Director James Killingsworth presented at the 2018 Japan Ship Finance Forum on the topic of ‘capturing the value from a condition-based monitoring system’.

With several events held across the year globally for the past 30 years, the Marine Money ship finance forums bridge the gap between shipowners and the international capital markets.

Last week’s event in Tokyo brought together key industry stakeholders including leading shipowners, financiers, investors, and ship managers to discuss practical solutions to some of the main challenges and opportunities currently facing the industry. Topics discussed included the evolving regulatory landscape, as well as new and existing technologies and how these will impact shipping.

As part of his presentation, V.Group’s James Killingsworth shared his knowledge and expertise on how best to capture the value from a condition-based monitoring system, using V.Group’s SeaTec Condition Monitoring as a case study.

Utilising real-life examples, James’ presentation highlighted how through bespoke condition-based monitoring solutions – such as those provided by SeaTec Condition Monitoring – owners and operators can benefit from detailed and accurate reports of their assets’ health and operational safety. These could include for example, tailored lube and fuel oil analysis, ballast, grey, sewage and potable water analysis, vibration analysis, thermography, on-board condition surveys and underwater inspections.

The presentation further highlighted how through SeaTec’s condition-based maintenance, owners and operators can ensure their vessels continue to operate smoothly and reliably around the clock, with a drastic reduction in downtime and need for emergency repairs and overhauls. This in turn will assure owners and operators that their vessels will always be running in the most efficient way, continuing to generate positive cash flow in an ever-more competitive market.