The maritime industry serves as the backbone of global trade, facilitating approximately 90% of worldwide commerce by sea. Ensuring uninterrupted operations is paramount, as unexpected vessel downtime can lead to significant operational disruptions and detrimental costs for the entire supply chain. Maintenance and spare parts expenses in the maritime industry have also steadily increased, constituting approximately 18% of a vessel’s operating expenses. The industry is in dire need for a solution to help prevent unexpected operational downtime and better manage maintenance costs.
Predictive Maintenance emerges as a vital solution, enabling proactive identification of potential equipment failures, minimizing unplanned downtime, and optimizing maintenance schedules to enhance operational efficiency and competitiveness.