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4 ways to reduce vessels maintenance costs

How to reduce vessels maintenance costs: A blog on how owners of vessels can reduce the costs of vessel maintenance.

Narjiss Ghajour Send an email December 15, 2021
1,471 3 minutes read
maintenance costs

Blog by Maritimesolutionsltd Ltd

In this blog, we will be looking at how owners of vessels can reduce the maintenance cost of their vessels. This is a fascinating field, and you can save a lot of money if you manage it properly. There are a lot of pitfalls, but a little understanding can go a long way. As with most things, vessels are prone to breakdowns, especially in the case of commercial vessels. Maintenance is an important aspect of keeping the vessel in good working order. However, this is not always easy. This blog will look at four ways in which owners of vessels can reduce vessel maintenance costs.

Vessels maintenance is an essential part of owning a boat. If you plan to keep your boat for a long time and want to keep it in pristine condition, you need to regularly maintain and inspect it. To keep your boat running smoothly and in top condition, you need to regularly do three things: Service the engine and other mechanical components, maintain the hull and engine, and clean and maintain the interior.

Vessels Maintenance is the act of performing routine or scheduled maintenance on a vessel to ensure its safety and reliability. Vessels can be large ships or small boats, and routine maintenance can cover anything from the engine to the paintwork. The level of maintenance performed on any given vessel is dependent on the age and condition of the vessel, as well as where it is likely to be used. Some vessels are used for commercial purposes, which means that they will be used for longer periods of time, and may cover longer distances. This means that the maintenance needs to be more thorough, and the maintenance schedule should be more rigid.

Maintenance costs

Since maintaining your vessel can be a costly affair, the main question arises so as to how can the cost of vessel maintenance be reduced? This has always been challenging for ship owners and ship- managers and today we are going to solve this puzzle in a very simplistic fashion. Here are four ways you can maintain your costs and have a smooth functioning vessel.

1. Prevent Breakdowns

The smart way to reduce breakdowns is to prevent malfunctions. While it slows down your operations, it also makes it more costly to fix what is already damaged. How how can you prevent breakdowns? By regulating scheduled maintenance of your vessel, so that no unwanted technical issues arise. Maritime Business Consultants like Maritimesolutionsltd help you regulate your vessel maintenance and keep your vessel in the best conditions. Out surveyors, perform efficient and accurate inspections giving you a thorough idea of what needs to be executed, and our trustworthy partners give your the best quotations and services across the globe.

2. Track and manage inventory

Having no spare parts on board can also be of much worry when your vessel needs attention. If the required repair time is more, then it slows down your entire operation. This can ve resolved by having spare parts on-board, which are interchangeable and well-maintained. Also, ordering parts in bulk gives you a better scope of negotiation. Very smart!

3. Choose the Right Technology

Technology has become an integral and ever-growing space in the Maritime industry. It is wise to keep your security in check with the right and latest technological advancements so that you are prepared for the worst always. This also gives you a competitive edge over the cyber threats that could arise with your vessels. 

4. Extend the warranty/insurance period

There is no guarantee after all. Even if are taking the best of precautions sea is a wild space and there are chances of mishaps nevertheless. Extending your warranty, and insurance is also is a good idea in this case.

Finding the right insurance company for your vessels can be difficult. There are a wide variety of companies that offer insurance solutions. To make the decision a little easier, Maritimesoluionsltd can provide you with some information on what to look for in good insurance. Please contact us anytime at info@maritimesolutionsltd.com 

     

    This blog is shared by courtesy of Maritimesolutionsltd. They specialize in procuring tailor-made Insurance risk solutions to companies as well as re-insurance solutions to local insurers. They have access to both Lloyds and worldwide market.

    Their consultants have worked with reputed international law firms in London advising their clients on a host of marine and insurance-related issues.

    We hope you enjoyed their article on how to reduce vessel maintenance costs. With this knowledge, we know that you can save a lot of money on your vessel maintenance. So what are you waiting for? Start reducing your maintenance costs now by contacting Maritimesolutionsltd.

    For more blogs, click HERE.

     

     

     

    Narjiss Ghajour Send an email December 15, 2021
    1,471 3 minutes read
    Photo of Narjiss Ghajour

    Narjiss Ghajour

    Editor-in-Chief of Maritime Professionals

    424 Comments

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