DP World launches industry’s largest asset management programme

  • Asset Management Framework will cover terminal operator’s entire global operations

DP World, as part of its drive to improve efficiency, has launched the industry’s largest asset management programme to cover its entire global operations.

The new Asset Management Framework brings together all assets under one system, from quay and yard cranes, terminal yards, and berth equipment, to energy supply outlets and plant machinery.

“This comprehensive programme will roll out over three years and will establish a consistent and co-ordinated approach to manage our substantial assets across our global portfolio,” said Group CEO, Mohammed Sharaf.

“By ensuring that our assets are used to their absolute optimal level, we improve efficiency and reduce costs, and we can be sure that we are providing top quality customer service from those assets.”

The programme means assets are managed across the full portfolio rather than terminal by terminal.

The Dubai-based firm has awarded a contract to eAsset Management (eAssetM) to support the implementation of asset management practices globally and to create an Asset Management Centre of Excellence.

The move follows a year-long pilot study into the value and performance of asset management approaches in the company. The programme is consistent with the international standard ISO55001.

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