Drydock costs are among the highest budget elements of operating a vessel. As a vessel ages, these costs inevitably increase. After 20 years in service, it is not uncommon for the cost of drydock to equal around 50% of the vessel’s OPEX. Whilst drydock services are both necessary and inherently costly, a vast number of drydocks go over budget in time and costs.
These overrunss are often unnecessary and can be mitigated by proper planning and management. The CDocks team is comprised of some of the industry’s most experienced personnel. Their objective is to consistently protect the interests of owners at drydock and provide a helping hand for superintendents by bringing forecasted figures at in line with actual spend. The ultimate objective is a comprehensive and timely completion of drydock repairs.