Arcadia Shipmanagement implements ABS Advanced Solutions EAM Program

An ABS Advanced Solutions (AS) Enterprise Asset Management (EAM) Assessment of Arcadia Shipmanagement Co. Ltd. has found it has ‘robust processes’ and industry leading performance, ABS said in a press release.

Arcadia selected AS to implement an EAM Program to further enhance the reliability of its fleet.

“Arcadia is a top performing company with strong systems, which has carefully considered risk management practices, information management and has a good management of change process,” said Russ Medeiros, Vice President of ABS Advanced Solutions.

“ABS’ thorough assessment of Arcadia’s systems and processes shows we are leading the industry in the way we operate our business. Now we will put their recommendations into action to take Arcadia to the next level in terms of efficiency and reliability of our operations,” said Mr. Dimitris Mattheou, CEO of Arcadia.

The assessment revealed a number of Arcadia’s strengths, including talent management, with a firm commitment to hiring and retaining highly skilled personnel across all aspects of vessel operations.

Training was another strong area, with a clear emphasis on education and skills across the business.

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 ABS 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.