Icon Offshore Berhad Goes Big with BASSnet™ Software Solutions

OSLO, Norway, 1 July, 2013: Malaysian leading Offshore support services company Icon Ship Management Sdn Bhd (formerly known as Tanjung Kapal Services Sdn Bhd) has given a strong endorsement to BASSnet™ software solutions, signing a deal to put core fleet management modules on its full range of vessels.

The Kuala Lumpur-based company, a wholly owned subsidiary of Icon Offshore Berhad, will install the BASSnet™ Maintenance, Procurement and HR Manager – firm maritime industry favourites – on all 34 vessels in its fleet.

The modules showcase the strengths of the integrated BASSnet™ software suite, which allow ship owners, managers and operators to streamline all the main areas of maritime operations to improve their bottom line.  The BASSnet™ system uses a central database built on a future-proof technology platform to optimise processes, enhance productivity and rationalise operating costs.

For Icon Offshore, the fleet-wide adoption of BASSnet™ software solutions was the logical next step in view of its familiarity with BASSnet™’s advantages.

Icon Offshore Berhad’ Chief Financial Officer, Zaleha Abdul Hamid, whom also oversees the integration of IT solutions, explains, “Prior to the merger, Icon Ship Management Sdn Bhd was already using BASSnet™ solutions, while Icon Fleet Sdn Bhd utilised a planned maintenance system from  another service provider. After evaluating the two systems, it was clear that BASSnet™ has a distinct edge, and we opted to adopt it across the fleet.”

For BASS, the new contract and endorsement is proved that its goal of constantly improving processes makes perfect business sense for all business enterprises.

BASS’ Vice President of Sales – Asia Pacific Mark Ravi says: “We are delighted to have Icon Offshore on board using BASSnet™ Fleet Management Systems, in terms of management overview, transparency and process efficiency, have convinced Icon Offshore to adopt our holistic and innovative solutions.”

BASSnet™ Fleet Management Systems, which are built on the latest Microsoft .NET platform, demonstrate the business value of streamlining and automating processes across the organisation and fleet. BASSnet™ Maintenance module enables users to plan and execute fleet maintenance and manage their global stock of spare parts efficiently by improving fleet overview and standardising job practices, material procurement and reporting of equipment condition.  Among its popular features is that it proactively “pushes” information, reminders and alerts regarding key maintenance issues.

BASSnet™ Procurement module is an advanced purchasing system designed for the maritime industry, catering to the complete procurement cycle from budgeting to electronic approval processing of expenses. A notable element is that users can access a broad range of critical business information for efficient decision-making. As an integrated system, the software binds all operations of a maritime outfit together, regardless of geographical location, for uniform purchasing processes.

BASSnet™ HR Manager module is a web-based solution that enables the seamless information sharing of vital crew data to all parties across the globe. It is designed to make crew planning efficient, track staff growth and enable crew scheduling to ensure compliance with all mandatory and trading requirements at all times. A proven, cost-effective software tool, it cuts administration time and cost to enable users to have the right resource available at the right time.

Mark Ravi continues: “We are very pleased to have won the confidence of Icon Offshore as their stringent decision-making process shows that BASS meets the high standard for cost-effectiveness and productivity gains that companies must have to thrive in the turbulent maritime industry.”

Icon Ship Management (formerly known as Tanjung Kapal Services Sdn Bhd) was previously owned by the publicly-traded Tanjung Offshore Bhd, and was subsequently bought over by the Malaysian government-linked private equity fund, Ekuiti Nasional Bhd (Ekuinas), in a consolidation exercise.

Icon Offshore is the holding company of Icon Ship Management Sdn Bhd and Icon Fleet Sdn Bhd (previously known as Omni Petromaritime Sdn Bhd).

With a fleet of 34 ships, Icon Offshore is amongst the largest owners of offshore support vessels in Malaysia, generating an audited combined annual revenue of RM308 million (US$103 million) in financial year 2012.

Icon Offshore joins a number of the world’s largest and most respected shipping companies that have switched to BASS software solutions. They include Neptune Orient Lines, based in Singapore, South Africa-based liner Grindrod Shipping, French luxury cruise liner Compagnie du Ponant, IMC Shipping, Hapag-Lloyd, NYK and K-Line, to name a few.

About BASS

BASS, founded in 1997, is a leading global provider of fleet management software for ship owners and ship managers as well as operators of rigs and floating production, storage and offloading vessels (FPSOs) and offshore units. More than 110 customers, including many of the world’s leading shipping companies and offshore service providers, run fully-integrated BASSnet™ Fleet Management Systems on more than 1,400 vessels around the world in order to manage their assets, operations and human resources, ensure regulatory compliance and improve financial results.

For more information, please contact news@bassnet.no or visit www.bassnet.no

About Icon Offshore Berhad

Icon Offshore Berhad, formerly known as Kota Bayu Ekuiti Berhad, combines the unique strengths and capabilities of two reputable offshore support vessel (OSV) companies in Malaysia, Icon Ship Management Sdn Bhd (formerly known as Tanjung Kapal Services Sdn Bhd) and Icon Fleet Sdn Bhd (formerly known as Omni Petromaritime Sdn Bhd).

The coming together of these two companies has led to the birth of one of Malaysia’s largest OSV companies with a combined portfolio of 34 vessels and audited combined revenue of RM 308 million in financial year 2012. The vast experience and renowned expertise of both teams merge to form an enlarged entity with the requisite scale and resources to enable it to compete more effectively and aggressively in the domestic and regional markets. Valued by clients for quality and reliable service, today Icon Offshore is able to venture farther afield to provide higher quality service and improved standards to meet various client expectations with its comprehensive suite of services for the oil and gas industry players.

For more information, please visit http://www.iconoffshore.com.my/

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