Idwal launches condition improvement programme
31/05/2024
Idwal, an inspection, technology and data business, has launched Idwal ID, a comprehensive condition improvement programme. The digital platform delivers defect management, fleet analytics and benchmarking through detailed ship inspections and reports using dynamic data.
Idwal ID integrates all aspects of the inspection and condition monitoring process, enabling the interrogation of data to achieve insight into overall fleet integrity, as well as specific issues at a granular level. It allows all relevant inspection information to be recorded in one place, facilitating continuous condition improvement.
Idwal has inspected 15% of the global shipping fleet since 2019. During this time, the company has performed more than 10,000 unique inspections across 100 countries, which contributed to an average of 15 inspection reports delivered every working day last year. Idwal ID uses the ten million data points gathered by Idwal over the past four years to provide grade analytics; benchmarking assets, vessels and fleets against global averages. It provides access to large volumes of data for benchmarking purposes, while keeping all proprietary information confidential.
Executive, commercial and technical directors are already using Idwal ID to access an accurate and impartial oversight of the condition of their fleet. The innovative platform enables them to see how ship managers are performing and to rectify defects quickly and efficiently. This increases vessel uptime, improves safety, reduces risk and maximises charter rates and vessel value.
George Haysom, Chief Commercial Officer at Idwal, said: “We know that using Idwal ID minimises manual processes and reduces the workload for technical teams. In addition, instant access to both the granular detail of individual inspection reports and high-level benchmarking against the global fleet enables recommendations that non-technical people can understand, which technical people can then drill into and implement. This increased visibility supported by simple and clear reporting tools not only provides a solid business case for either targeted maintenance investment or reducing spend, it also provides independent validation to demonstrate excellence.”
Idwal ID has been developed by the team at Idwal, which spans sea-going engineering, ship management and commercial experience honed in the shipping industry across decades. It builds upon the company’s flagship offering, the Idwal Grade, which sets an industry benchmark for assessing vessel condition. Idwal’s S&P inspections lead the market and their rigorous condition inspections enable ship owners to benchmark asset integrity across their fleet.
