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Tag Archives: investment

TRELLEBORG LAUNCHES ANNUAL BAROMETER REPORT

We are delighted to announce that we have launched our fifth annual Barometer Report, which calls on the views of 200 port owners, operators, consulting engineers and contractors.

This year’s report takes a look back over the last five years to see how attitudes to investment, maintenance and quality have changed over time.

In previous years, the Barometer Report has examined the issues helping and hindering port performance over a 12 month period. This year however, we decided to find out how attitudes to investment, maintenance and quality have changed over the last five years.

During this time, ports have had to batten down the hatches in the grips of the recession, and have largely made the most of the situation they were faced with. However, as this year’s report highlights, the mist is beginning to lift, with last year’s anticipated budget boost now materializing. So much so, the majority of port owners and operators have the opportunity to invest more strategically in smart technologies and supplier service in a bid to improve long-term product performance.

One cause for concern though, is that while levels of unscheduled downtime have decreased over time, unscheduled downtime caused by fender damage has increased significantly in the last 12 months. As such, port owners, operators, consultants and contractors need to ensure they are not replacing like-for-like out of habit – but investing in quality solutions that will perform well over a long design life.

As discussed within the latest Barometer Report, supplier expertise should guide procurement decisions, and technology should enable owners and operators to minimize maintenance requirements.

To download the Barometer Report 5, visit: http://ow.ly/TA6uR

LATEST BAROMETER SURVEY CALLS FOR MARINE INDUSTRY INSIGHTS

We’ve recently launched our latest Barometer Report survey, to gather views and opinions from across the industry on a range of issues from investment, to maintenance, to performance and downtime.

So if you’re a port owner, operator, contractor or consultant, we want to hear about your experiences.  By taking ten minutes to complete the survey,  you’ll enter a free draw to win an iPad.

Last year’s report revealed an anticipated boost in investment for facilities around the world, as well as an opportunity for ports to get ahead by investing strategically in smart technologies and supplier service, with a focus on improving long term product performance.

The findings from last years’ report also pointed to the need for more supplier involvement across the whole supply chain. This year, we’re keen to see if suppliers are closing the gap between the maintenance requirements of port owners and operators, and the support that they are able to provide.

And with increasing and varied demands on facilities, such as the anticipated rise in LNG bunkering and ever-growing vessel sizes, we’re particularly keen to see if infrastructure is keeping pace and if facilities have the support they need to evolve accordingly.

To take part in the survey and enter the prize draw to win an iPad, visit: http://ow.ly/NscWd

AN OPTIMISTIC OUTLOOK ON PORT INVESTMENT

Our latest Barometer Report has revealed the most optimistic outlook on investment since we began surveying the industry back in 2010.

We found that 93% of port owners and operators expect capital expenditure budgets to increase over the next 12 months, and 88% expect operational expenditure budgets to grow too. The picture was even brighter when we surveyed consultants and contractors, with 98% expecting both CapEx and OpEx to grow.

This is certainly a positive step, but those increased budgets need to be spent strategically to really help ports to increase efficiencies which, unfortunately, doesn’t really seem to be happening at the moment. 61% of consultants and contractors felt that their clients were concerned by upfront purchase costs, rather than prioritising whole life value. Seemingly, attitudes towards procurement still need to change.

To me, this focus on up-front purchase cost may have been understandable while we were suffering the effects of the economic downturn, but with budgets expected to rise, the industry as a whole needs to take steps to ensure we implement high-quality solutions.

The report revealed that ports are already under pressure to adapt to increasingly complex demands on infrastructure – they risk falling further behind if they don’t act now to optimise new investment opportunities.

Ultimately, though, I take a positive message away from the findings of the report: as the market continues to strengthen, there’s an opportunity to take a bold and deliberate step to get ahead of demand and invest strategically now.

The have a look at the full results of the latest Barometer Report, visit the Trelleborg Marine Systems website.

TAKE PART IN OUR PORT PERFORMANCE ROUNDTABLE!

At the PIANC World Congress, which takes place at the beginning of June, we’ll be launching the results of our latest Barometer Report, in which we’ve surveyed 200 port owners, operators, contractors and consultants on a range of issues pertinent to our industry.

Our Barometer Report contains the results of a regular industry survey, which seeks to gain insight into the issues that are impacting port infrastructure.  Calling on the views of hundreds of port owners, operators, engineering consultants and contractors, the report seeks to understand the challenges they are facing and what they think the future holds for the marine industry.

One of the key findings from this year’s report was that the outlook on investment is much more optimistic than in previous years.  In fact, the vast majority of respondents expect both capital and operational expenditure to grow over the next twelve months.

With optimism returning, we were keen to delve in more depth in to what this will mean in practice for ports, as they make up lost ground caused by the economic downturn.

Strategic investment in port infrastructure has suffered over the last few years, but with a brighter economic outlook, we’re keen to understand how those responsible for procurement will react: which aspects of infrastructure are the most in need?  How are terminals coping with increasing vessel sizes and throughput? Which regions are leaders and laggards?

We’re seeking to address these questions, amongst others, at an exclusive Port Performance Roundtable which we will be hosting at the PIANC World Congress in June, and we’re looking for port owners, operators, contractors and consultants to share their experiences and have their say on the findings from the Barometer Report.

If you’re a port owner, operator, contractor or engineering consultant and you’re attending the 33rd PIANC World Congress in June, we would like to hear from you.  To have your say on the issues affecting the industry, register your interest in the Port Performance Roundtable now http://ow.ly/wMBbA.

Trelleborg Marine Systems is Platinum AGA sponsor and exhibitor at the 33rd PIANC World Congress 2014, in San Francisco, California, U.S. The PIANC World Congress 2014 takes place on 1 to 5 June 2014 at the San Francisco Marriott Marquis. Visit us on stands 400 and 402.

HAVE YOUR VIEWS HEARD IN OUR LATEST BAROMETER REPORT

We’ve recently launch our latest Barometer Report survey, to gather views and opinions from across the industry, covering issues from investment and throughput to maintenance and downtime.

We want to hear about your experiences, good or bad.  Fill out the quick, multiple choice survey and you’re in with a chance to win an Apple iPad.

For the first time, we’re splitting the survey into two distinct groups, one for port owners and operators, and another for contractors and consultants – to explore potential differences in attitudes and opinions between the two.

If you’re a port owner or operator: how’s your port performing?  What do you think are the issues most heavily impacting the industry?

Or if you’re a contractor or consultant, are your client’s keeping pace with rapid change, or have they started to fall behind?

CAPITALISING ON INDIA’S ENGINEERING & DESIGN EXCELLENCE

By Scott Smith, Regional Director (Asia Pacific), Trelleborg Marine Systems

Indian Centre of Excellence

Trelleborg Marine Systems' newly expanded Indian Centre of Excellence

India West – an online portal for the global Indian community – this week reported that the country’s population still dominates science and engineering with Indian-born US migrants making up the vast majority of graduates in these specialisms (43.1%).

Asia has long been held up for its engineering excellence – with China coming in a close second – so it’s no surprise that global enterprises committed to keeping at the forefront of technical excellence have invested in a strong presence in the region.

Trelleborg has benefitted from a dedicated design and engineering centre in India since 2009 – a resource that is heavily relied upon by the Marine Systems division and other product areas within the Trelleborg Engineered Systems group. Indeed, the centre has become so crucial to our competitive standing as a complete ‘cradle to grave’ supplier that we’ve recently moved to new premises to centralise and expand our unique engineering and design set-up.

While we boast some level of in-house expertise at our regional offices, the more detailed engineering design, modelling and analysis aspects are now sent to the new Indian Centre of Excellence in Ahmedabad, Gujarat, for further progression. Here the business is split into two areas.  The first is engineering and design support for Trelleborg’s worldwide offices – covering Australia, Singapore, China, Japan, India, Dubai, the USA and Europe – and the second focuses on regional sales into India, Pakistan, Sri Lanka and Bangladesh.

We have very high expectations for the performance of the improved engineering and design centre as a market leading offering – not least because, while our competitors choose to outsource their engineering and manufacturing requirements and thereby relinquish some degree of control, having our capabilities centralised in this way means we can maintain watertight quality right through the supply chain. Moreover, it enables us to drive cost efficiencies, improve collaboration and encourage cross fertilisation of ideas across our global offices.

If you’re a port owner, contractor or consultant interested in seeing this unique facility for yourself we’d be happy to give you the guided tour – leave a comment and we’ll get back to you.

IT’S ALL DOWN TO TECHNICALITIES

By Richard Hepworth, Managing Director, Trelleborg Marine Systems

Salerno Contract Win

The panels for Salerno being prepared. The white marks are a quality control check for the thickness of the paint.

Customers quite rightly demand the ability to meet demanding specifications and tight delivery timescales. Indeed, it’s our capabilities to accommodate stringent design parameters and time pressures that enable me to proudly announce our new contract to supply Super Cone Fenders and Tee Head bollards to Salerno Port, Italy.

Working with RCM Costruzioni, our technical know-how was called upon to overcome restricted space for the cone fender due to a limited high capping beam. What’s more, we also needed to prove that we have the internal processes in place to deliver to exceptionally short lead times with 34 sets of SCN1300 Super Cone Fender Systems and 24 sets of Tee Head bollards 100t required by November. No mean feat!

Fresh from the findings of our latest Barometer report, which brought to the fore that the robust testing of rubber and steel is not routinely performed by all suppliers, I’d like to take this opportunity to point out that all fenders supplied by Trelleborg are fully compliant with PIANC Guidelines and have undergone both laboratory and full scale product testing. Given our industry reputation I’d hope that goes without saying and certainly for our client contact at RCM Construzioni, Mr. Elio Rainone, this played an important part in his decision to specify Trelleborg Marine Systems.

On that note I leave you with some kind words supplied by Mr. Rainone himself and look forward to sharing more company news with you soon…

“Due to Trelleborg’s strong reputation and technical qualification, they are already a preferred supplier for both the port authorities and us, the contractor.

“The solution provided by Trelleborg Marine Systems met the requirements of both parties: the port authorities wanted a reliable solution, with a long life cycle.  For us, an important factor was the necessity of an accessible dedicated project management team, and the assurance of high quality aftercare.”

INCREASING BUDGETS PAVE THE WAY FOR A MORE EFFICIENT 2012

By Richard Hepworth, Managing Director, Trelleborg Marine Systems

Richard Hepworth Video - Barometer Report 2

The results of our recent Barometer report indicate an encouraging increase in the capital and operational expenditure of ports over the next 12 months. It’s believed that this will mostly go into improving efficiency and increasing the capacity of port terminals – good news for port operators, contractors, consultants and suppliers alike (not least for ourselves).

Where this investment will be allocated and how best efficiencies can be achieved is the immediate issue but looking further down the line, the industry needs to become much more focused on whole life costs rather than short term savings. Because beyond the budget sheet a far more worrying outcome is emerging as a commoditised marketplace makes way for lower cost, lesser quality suppliers.

Indeed, 2012 may be looking brighter as spend is on the ‘up’ but let’s not put a downer on the forecast by forging partnerships with lower-cost suppliers and traders that are actively misusing PIANC accreditation. Port downtime and efficiencies go hand-in-hand with product quality and if the latter suffers so does the industry as a whole.

Hear my views on what sits at the heart of the biggest issues currently facing port decision makers and join our movement for better regulation and enforcement of product standards @MarineInsights on Twitter.

PORTS PRIMED FOR INVESTMENT SURGE

By Richard Hepworth, managing director of Trelleborg Marine Systems

Ports primed for investment surge

It’s immensely pleasing, despite the global downturn, that port owners contractors and consultants are optimistic enough to predict that capital expenditure will rise or at least stay the same over the next 12 months.

At least that was the view of most (55%) decision makers we polled last year as part of a comprehensive market report on the ports, harbours and terminal sector. The Barometer Report, conducted with Port Strategy magazine, also revealed that operational expenditure will remain at current levels or increase with 60% backing this claim.

The apparent optimism is good for the market and good for the economies of the world, which need investment in the global ports to drive trading growth. But I must also sound a note of caution. While the short term outlook is much improved, our research also reveals that these decision makers don’t necessarily expect investment to return to the levels we enjoyed a few years ago. Almost two thirds think it could be less or, at best, static.

The risk of this is only too real. There is a fear that not enough investment will come through to offset the reduction in maintenance we’ve witnessed during the global recession. Ports, harbours and terminals need to embrace the ethos of making adequate investment now to ward off the future costs of downtime.

Trelleborg’s Barometer Report, which details a wide range of findings from the industry survey, is available now as a free download from Takes the Pressure Off.