3rd party Engineering companies
Advocate (on behalf of Artemis IRS) for asset owners to adopt ASIS for regular yearly inspections
Reduces future insurance risks by delivering a complete analysis of the asset – versus making educated guesses or estimates and averaging the findings across the asset
ASIS is a valuable revenue generating tool and would contribute to project management services, data analysis and recommendations.
Asset owners
Currently use in-house or 3rd party engineers
Using ASIS creates additional value through cost avoidance, returning 30-50% of the Quantified Age to the asset and allowing early identification of potential problems.
For example, Whitsundays Moorings and Marine Constructions found a problem at Dalrymple Bay Coal Terminal that required shutting down one berth for 20 days and resulted in $20M of lost production. Operational downtime and repair costs would both have been minimised with annual ASIS preventative testing.