The Marine Offshore industry encounters various challenges, including evolving environmental
regulations, hazardous work environments, engineer training, rising fuel costs, geopolitical
issues, trade conflicts, and more. The complexity of these challenges is further exacerbated by
the ongoing pandemic.
Training and Development Programs
Shortage of skilled employees leading to expanding skills gap
Need for more qualified personnel, especially those with hands-on experience.
Disincentive for younger generations due to traditional command and control approach.
Promotion of STEM subjects and encouragement of graduates to enter related fields.
Newly Implemented Technology Challenges
Anticipated expansion of autonomous shipping, digitization, and AI systems.
Decline of marine engineers due to advanced technology adoption.
Need for leveraging technology to improve margins and efficiency.
Enhancing operational efficiency and cost control through analytics, decision-making, and automation
AI's role in maintaining HSE compliance, navigation, and route optimization.
Environmental Challenges
High priority for marine engineers regarding environmental concerns.
Adaptation to changing environmental conditions: air, water, acoustic, and oil pollution.
Operating in challenging work conditions/environments such as large-scale climate events and rough seas.
Challenges in offshore exploration and production related to poor engineering in environmental solutions and regulatory frameworks.
Focus on minimizing carbon footprint and addressing ecological concerns in the marine industry.
Solutions
Embark on an odyssey of innovation where tradition meets transformation in the Marine and
Offshore industry. Join us on a journey to explore cutting-edge solutions that redefine the
sector’s landscape.
Embrace Digital Transformation: Shift towards digitalization to achieve new efficiencies.
Implement Business Platform: Utilize a comprehensive business platform that integrates design, engineering, simulation, manufacturing, and business processes.
Foster Collaboration: Break down silos by creating a single collaborative environment for all stakeholders.
Ensure End-to-End Continuity: Establish a seamless process from ideation to ship-in service to enhance productivity and effectiveness.
Emphasize Smart and Connected Processes: Rethink processes to be smart and connected at all levels of the value creation chain to stay competitive.