DP World has launched an asset management program, covering its entire global operations, as part of its strategy to improve efficiency.
The new Asset Management Framework brings together all assets under one system, including quay and yard cranes, terminal yards, berth equipment, energy supply outlets and plant machinery. The program manages assets across the full portfolio, rather than terminal by terminal, which will help improve efficiency, DP World said in a written statement.
The United Arab Emirates-based terminal operator has awarded a contract to eAsset Management 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.
“This comprehensive program will roll out over three years and will establish a consistent and coordinated approach to manage our substantial assets across our global portfolio,” said Mohammed Sharaf, CEO of DP World Group.