Marine Components Remanufacturing Taking Off

Press Release
Monday, April 02, 2012

Caterpillar, Tru-Marine, present the case for remanufacturing industry to Asia-Pacific Economic Cooperation (APEC) members at Singapore Facility

In its continuing efforts to promote the benefits of remanufacturing, Caterpillar Inc.hosted representatives from several Asia-Pacific Economic Cooperation (APEC) member economies at its newest Cat Reman® facility in Singapore. The tour was part of a meeting of APEC's Market Access Group where industry and government experts from all 21 APEC economies learned more about how remanufactured goods are returned from end-of-life products to same-as-new specifications.

For customers, the availability of remanufactured goods means more uptime for their products, which translates into significant production and financial benefits. In the case of Solar turbine engines, a subsidiary of Caterpillar, the use of a remanufactured unit can mean the difference between several days for an exchange with a remanufactured unit compared with up to four months to remove, transport, overhaul, and return an end-of-life unit to the customer.

Caterpillar isn't the only company incorporating remanufacturing into its business model. APEC representatives also toured the Tru-Marine Pte Ltd facility in Singapore (Tru-Marine recently started remanufacturing turbocharger components).

"Our business premise is to recover turbochargers to their original maker quality instead of the premature renewing of useful components," explains David Loke, Tru-Marine group managing director. "Constant innovation has been a key tenet at Tru-Marine that enables us to provide better value than commonplace turbocharger Maintenance Repair and Overhaul (MRO) methods.  Remanufacturing aligns with our strategic progression toward sustainable technologies to reuse resources, and to reduce down time and wasted by-products.  Cost savings are in turn passed on to the customers when the lifespan of such high value resources is extended."

With 35 years of extensive experience in turbocharger reclamation and industry leadership in turbocharger research and development, remanufacturing has become a natural evolution for Tru-Marine to move up the value chain.  The remanufacturing processes will capitalize on the company's current turbocharger MRO core competencies, complete with proprietary test procedures to certify that remanufactured components have achieved their original maker specifications.

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Schlumberger Announces Q1 Results

Schlumberger Limited (NYSE:SLB) today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Technology

Schlumberger Announces Q1 Results

Schlumberger Limited (NYSE:SLB) today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.

RS at SEA JAPAN 2014

Russian Maritime Register of Shipping (RS) was the only Russian company to take part in SEA JAPAN 2014 exhibition and conference – one of the major exhibitions of the maritime industry.

When Will Deep Sea Mining Commence? The Robot is Ready

The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea

News

Sunken Korea Ferry Relatives Give DNA Swabs To Help Identify Dead

Some relatives of the more than 200 children missing in a sunken South Korean ferry offered DNA swabs on Saturday to help identify the dead as the rescue turned

DNV's accredatation for Neosho Memorial

Neosho Memorial Regional Medical Center, Chanute, has completed a new accreditation process from Det Norske Veritas Healthcare. By earning accreditation, Neosho

India's Reliance Q4 Sales Rise

Indian energy company Reliance Industries Ltd posted nearly flat fourth-quarter profits, in line with estimates, as a slimmer margin in its oilrefining business offset higher revenue.

Marine Equipment

Schlumberger Announces Q1 Results

Schlumberger Limited (NYSE:SLB) today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.

RS at SEA JAPAN 2014

Russian Maritime Register of Shipping (RS) was the only Russian company to take part in SEA JAPAN 2014 exhibition and conference – one of the major exhibitions of the maritime industry.

Van Oord acquires 100% control of Dravo

Van Oord has acquired all shares of its Spanish subsidiary Dravo S.A.  Dravo S.A. has been owned, since 1987, by Van Oord (50%) and the Spanish company Dragados S.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1846 sec (5 req/sec)