Maritime Administration Adopts Vessel Construction Management for Training Ships
What happened
The Maritime Administration recently adopted Vessel Construction Management (VCM) practices when procuring a new generation of training ships for five of the six state maritime academies. To date, the contractor TOTE Services has delivered four of the five vessels. VCM involves outsourcing the oversight of a ship’s entire construction process, from design to delivery, to a third party.
From gcaptain.com
Why it matters
The shift to VCM aims to deliver newbuild ships on time and on budget by making the construction process more commercial than standard government procurement. This approach reduces the direct involvement of the government in the shipyard process.
From gcaptain.com
Who's involved
- Maritime AdministrationGovernment agency procuring the training ships
- State University of New York Maritime CollegeState maritime college receiving the training ships
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Maritime AdministrationSpeculative
The successful adoption of VCM might reduce direct government involvement and procurement costs.
- companySpeculative
The validation of the VCM model through government contracts could increase the company's revenue.