A recently completed 2015 Dry Docking Performance Benchmarking Study provides eye-opening metrics on dry docking practices, and cost and schedule outcomes.

Asset Performance Networks study involved ship management organisations based out of Southeast Asia and Europe. Participants provided detailed data on dry docking planning and preparation, execution, and performance outcomes. By reviewing this data, along with insights gained from in-depth face-to-face interviews, AP-Networks report gives a comprehensive “state of the industry” report on dry docking practices and outcomes.

The final report looks at how individual participants compare to the Industry average across a diverse array of performance benchmarks. Additionally, the study examines where the dry docking practice area as a whole stands compared to other asset-intensive practice areas worldwide, such as offshore shutdowns and petrochemical turnarounds.

AP-Networks found that, overall, dry docking is an immature practice area with a great degree of potential to refine and optimize planning and execution practices in pursuit of much more competitive cost and schedule outcomes.

In addition to discussing Industry performance on cost, schedule, and safety, the final report highlights a number of opportunities for the maritime industry as a whole to capitalize on.

The report is available at www.DryDocking-Network.com.