Teekay is the latest shipping company to reach an agreement with Telemar (UK) Ltd, with a 3 year bridge electronics maintenance contract valued at approximately $8m.
This Blue Chip contract covers the worldwide support of bridge electronics on 90 ships, operating from the UK, Brazil, Singapore and Norway.
Telemar (UK) Ltd is one of the biggest providers of bridge electronics maintenance across the world, with historic contracts with major companies such as Frontline, OSG and E.R.Schiffart.
Teekay, with its diligent tender process and careful scrutiny, chose Telemar (UK) Ltd because of its expertise, which is drawn from specialist maintenance areas within the shipping industry. That is Telemar (UK)’s core business and what they do, carrying out hundreds of installations and services all round the world every year as part of their Blue Chip service
As the MD of Telemar (UK) Ltd, Rodger Perks, said: “ We are proud to have been chosen by Teekay. They are part of a growing number of companies, which rely on our global bridge electronics support services. It is an endorsement of both the service itself and the value gained by our customers, which includes a full disclosure of costs, detailed statistical analysis of all services and locations as well as other indicators and performance criteria. This gives clients comparisons across their fleets, providing a better understanding and helping them to make cost effective purchasing decisions on current and future procurement. Additionally, Teekay and Telemar (UK) Ltd have agreed to set up KPI’s. These Key Performance Indicators will be reviewed quarterly to monitor and manage both the on board equipment handling and the performance of Telemar (UK) Ltd itself.
Teekay Corporation is an operational leader and project developer in the marine midstream space. Through its general partnership interests in two master limited partnerships (MLPs), Teekay LNG Partners L.P. (NYSE:TGP) and Teekay Offshore Partners L.P. (NYSE:TOO), its controlling ownership of Teekay Tankers Ltd. (NYSE:TNK), and its fleet of directly-owned vessels, Teekay is responsible for managing and operating consolidated assets of over $11 billion, comprised of approximately 170 liquefied gas, offshore, and conventional tanker assets. With offices in 16 countries and approximately 6, 400 seagoing and shore-based employees, Teekay provides a comprehensive set of marine services to the world’s leading oil and gas companies, and its reputation for safety, quality and innovation has earned it a position with its customers as The Marine Midstream Company.
About Telemar (UK) Ltd
Telemar (UK) Ltd is a part of the global group of Telemar companies operating and supporting bridge electronics worldwide. The group founded over 65 years ago has grown to become a market leader in marine communications, navigational and safety electronics, with annual revenues of over 125m Euros. The core business of Telemar (UK) Ltd is the sourcing and supplying of marine electronics, their installation and commissioning as well as maintenance and repair. It supports that equipment worldwide, drawing on its substantial resources and expertise of its global network of offices and agents in key ports around the world. Telemar (UK) Ltd is expanding this locally and regionally with a planned network of Sales & Service Centres in key ports around the UK. The first of these were opened last year in Aberdeen and Grangemouth, with qualified and experienced engineers and personal to support both the shipping and offshore oil and gas industries in that region. Other centres are planned for later this year, including Southampton. About Blue Chip The Blue Chip Repair and Maintenance service provides contract maintenance and repair services for bridge electronics on ships operating worldwide. Telemar has over 2000 ships on contract. Blue chip offers a variety of options, with four different levels of service to suit user needs. They include, full maintenance contracts to cover service, spares and surveys on a fixed annual fee through to surveys only and repairs when needed and charged accordingly. Additionally Blue Chip gives customers feedback about the equipment they use. Statistical information on performance allows Blue Chip customers to make more informed decisions when it comes to updating or renewing equipment. This allows customers to know what bridge electronics are costing: by ship, by individual items of kit and by average cost per repair.