An Arcadia Shipmanagement tanker. Credit: Arcadia Shipmanagement.

Greece-based Arcadia Shipmanagement has selected American Bureau of Shipping’s (ABS) enterprise asset management (EAM) programme to further improve the reliability of its 15 tanker vessels.

The ABS Advanced Solutions AEM programme is developed to help vessel owners and operators to manage various physical assets from design to decommissioning in order to optimise use, reduce costs, as well as improve vessel reliability and efficiency.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The solution comprises a number of elements such as an asset lifecycle management strategy, computerised maintenance management system utilisation, inventory management, planning, scheduling, and process automation.

It also includes performance optimisation, as well as maintenance and reliability strategies.

Arcadia Shipmanagement CEO Dimitris Mattheou 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.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Arcadia’s current fleet of vessels includes eight Aframax and seven Suezmax tankers.

“The outcome of this work will make a significant contribution to our current efforts to strengthen our asset management process.”

The company also operates a Maritime Training Center with ship simulators within its premises in Greece.

ABS Advanced Solutions senior vice-president Richard Pride said: “Arcadia Shipmanagement’s implementation of the ABS Enterprise Asset Management programme is a powerful endorsement of our comprehensive approach and process.”

In June, ABS secured a deal from Minerva Marine to provide its Advanced Solutions AEM programme.

Minerva Marine operates a fleet of 65 tankers and six bulk carriers with a total capacity of more than 8.5 million tonnes.