Standing in front of a 45 ton container handler with DP World’s new Asset Management Policy in hand in the Port of Manila are Asian Terminals Inc (ATI) executives. Left to right – Bas Hokke, ATI Vice President operations; Andrew Hoad, ATI CEO; Crisanto Martin, ATI Acting Vice President (Engineering). The terminal is the first in DP World’s global portfolio to be included in the Asset Management programme.The new Asset Management Framework brings together all assets under one system, from quay and yard cranes, terminal yards, and berth equipment, to energy supply outlets and plant machinery.  The programme means assets are managed across the full portfolio rather than terminal by terminal. This helps to improve efficiency, for example putting in place a maintenance programme that minimises disruption to customer service, or ensuring the right equipment is deployed to meet customers’ needs in the right place at the right time.  DP World has awarded a contract to eAsset Management (eAssetM) to support the implementation of asset management practices globally and to create an Asset Management Centre of Excellence. The move follows a year-long pilot study into the value and performance of asset management approaches in the company. The programme is consistent with the international standard ISO55001.

Mohammed Sharaf, Group CEO, DP World, said: “This comprehensive programme will roll out over three years and will establish a consistent and co-ordinated approach to manage our substantial assets across our global portfolio. By ensuring that our assets are used to their absolute optimal level, we improve efficiency and reduce costs, and we can be sure that we are providing top quality customer service from those assets.”

Rhys Davies, President of eAsset Management, commented: “We are looking forward to bringing our experience of working with similar global customers to help DP World. Our approach is to support the company to establish a formal framework to manage its assets that will then enable the company to manage the programme themselves. The three year project is therefore built around developing capabilities for them to continue this long term programme internally.”

Upcoming Events

August 9 - August 11 2022

MaximoWorld 2022

View all Events
80% of newsletter subscribers report finding something used to improve their jobs on a regular basis.
Subscribers get exclusive content. Just released...MRO Best Practices Special Report - a $399 value!
Three Things You Need to Know About Criticality Analysis

When it comes to criticality analysis, there are three key factors must be emphasized.

Turning the Oil Tanker

This article highlights the hidden trap of performance management systems.

Optimizing Value From Physical Assets

There are ever-increasing opportunities to create new and sustainable value in asset-intensive organizations through enhanced use of technology.

Conducting Asset Criticality Assessment for Better Maintenance Strategy and Techniques

Conducting an asset criticality assessment (ACA) is the first step in maintaining the assets properly. This article addresses the best maintenance strategy for assets by using ACA techniques.

Harmonizing PMs

Maintenance reliability is, of course, an essential part of any successful business that wants to remain successful. It includes the three PMs: predictive, preventive and proactive maintenance.

How an Edge IoT Platform Increases Efficiency, Availability and Productivity

Within four years, more than 30 per cent of businesses and organizations will include edge computing in their cloud deployments to address bandwidth bottlenecks, reduce latency, and process data for decision support in real-time.

MaximoWorld 2022

The world's largest conference for IBM Maximo users, IBM Executives, IBM Maximo Partners and Services with Uptime Elements Reliability Framework and Asset Management System is being held Aug 8-11, 2022

6 Signs Your Maintenance Team Needs to Improve Its Safety Culture

When it comes to people and safety in industrial plants, maintenance teams are the ones who are most often in the line of fire and at risk for injury or death.

Making Asset Management Decisions: Caught Between the Push and the Pull

Most senior executives spend years climbing through the operational ranks. In the operational ranks, many transactional decisions are required each day.

Assume the Decision Maker Is Not Stupid to Make Your Communication More Powerful

Many make allowances for decision makers, saying some are “faking it until they make it.” However, this is the wrong default position to take when communicating with decision makers.