In the marine sector, every time a machinery component is worn out or damaged, an important decision needs to be made: To either repair or replace the component with a new one.
Factors such as technical or operating possibilities, lead time for a replacement component, size or weight of the damaged component, the downtime required for the replacement works, loss of revenue, cost of the repairs etc need to be carefully
evaluated before deciding to repair or replace a key component with a new one.
