Icon Offshore, SDISB forge strategic collaboration
KUALA LUMPUR: Icon Offshore Bhd, via its whollyowned subsidiary Icon Ship Management Sdn Bhd, has entered into a strategic collaboration with Sime Darby Industrial Sdn Bhd (SDISB) in a pilot project to instal the region’s first CAT Remote Fleet Vision (RFV) on board its vessel named Zara.
CAT RFV, the latest technology offered by Caterpillar, will provide customers with customised data to identify and resolve problems quickly, and ability to locate, track and managed all customers’ connected assets with just a few clicks, no matter where the vessel is and the brand of engines.
Icon yesterday also signed two additional related agreements, namely the Pricing Framework and Dry Docking Maintenance Programme.
Icon managing director Datuk Seri Hadian Hashim said this was a new journey with SDISB on a strategic collaboration for maintenance and drydocking by streamlining the processes and improving execution at SDISB’s end to redefine the way to operate as well as further strengthen the partnership.
“The installation of RFV is hoped to help the company optimise its information flow and in turn to ultimately reduce cost. As you know, the offshore support vessel ( OSV) industry under the current situation is very challenging. With the revenue stream constant, the areas that we need to improve is obviously the cost.
“One of the initiatives that we discussed with SDISB, the largest provider of equipment and engine of our vessel fleet, was to look at how to reduce cost further by enhancing efficiency by using RFV as it allows better planning tools for anticipative and corrective action that need to be taken,” he said.
He told reporters this after the agreements signing ceremony yesterday which was also attended by Icon chairman Raja Tan Sri Arshad Raja Tun Uda and Sime Darby Bhd chief financial officer Mustamir Mohamad.
Hadian said 19 of Icon’s 24 vessels were equipped with Caterpillar engines, and the group had been relying on SDISB for parts and services for regular maintenance as well as drydocking programmes. — Bernama