Marine companies allot huge capital expenditure towards acquisition of the assets to allow companies to generate long term inflow of revenue. The allocation of funds towards capital expenditure are very vital decisions which are taken with long term strategic goals in sight and with detailed planning. But the best of the capital expenditure plans may throw off track dictated by unpredictable business environment especially for long term investment plans.

When utility of asset hits the road block the decision to scrap off asset may prove expensive and results in losses to organization. In such situation it is best for planner to transform asset to suit new business needs and thereby stay profitable.

We at Vedam, benefit the businesses to stay relevant by adopting to changing needs through cost effective conversions of the marine assets. The project undertaken to convert a FiFi Tug to Water Injection Dredger done for one reputed business house was one such act to demonstrate our ability to transform assets which suits requirement

The project involved conversion plan dealing with technical solutions and coordinating with administrative authorities for approval of the plans and changing the class notation.

Vedam conceptualized the whole engineering process including removal of existing systems and equipment belonging to redundant system and then planning to install equipment associated with dredging operation. The dredging equipment are massive and required careful planning to accommodate and ship them in location. Few of these equipment included injection pumps with two new gear boxes, injection ladder, A-frame to support the injection ladder with their associate systems and riggings, The master conversion plan was prepared to get over view of the activities involved.