Press Release
Consolidated Marine Management Selects ABS Advanced Solutions Enterprise Asset Management
Maritime digitization driving demand for new approaches to cyber security.
(HOUSTON) Consolidated Marine Management (CMM) is implementing an Enterprise Asset Management (EAM) Program with ABS Advanced Solutions.
"We had intensive discussions with ABS to validate the assessment process and capabilities of the team to review our business processes, and we are quite satisfied with their technical expertise and strong EAM experience," said Mr. Kostas G. Vlachos, Chief Operating Officer of CMM. "Our current efforts are focused on optimizing inventory management and the reliability of our assets. The ABS EAM program will help us streamline and automate processes to increase the reliability of our tanker and VGLC fleet."
"CMM is keen on their implementation of the ABS Enterprise Asset Management program; we are working closely to develop the tactical improvement plan based on best practices," says Richard Pride, Senior Vice President of ABS Advanced Solutions. "We look forward to assisting CMM on their journey to asset optimization."
The ABS EAM program addresses core process improvement to increase asset utilization and create cost savings – managing assets throughout the lifecycle, improving asset performance, streamlining maintenance, optimizing spare parts inventory, and increasing reliability through a highly detailed assessment, planning and improvement process.
The ABS Advanced Solutions approach to EAM is designed to aid owners and operators with managing the entire lifecycle of physical assets to optimize use, reduce costs, and improve vessel reliability and efficiency.
Source: American Bureau of Shipping
About ABS Group
ABS Group of Companies, Inc. (ABS Group) and its operating subsidiaries provide risk management solutions and certification services worldwide that help clients address the safety, integrity, quality and environmental efficiency of critical assets and operations. Headquartered in Spring, Texas, ABS Group operates with more than 1200 professionals across the globe, serving the marine and offshore, oil, gas and chemical, government, power and energy and industrial sectors. ABS Group is a subsidiary of ABS (www.eagle.org), a leading marine and offshore classification society.