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Caterpillar to provide expanded services and digital solutions to support P&O Maritime Logistics’ Fleet with a new Global Value Agreement
October 2022
Houston, Texas – P&O Maritime Logistics (POML) and Caterpillar signed a Global Value Agreement (GVA) designed to increase vessel uptime, drive operational performance and efficiency, and digitally support their fleet with connected solutions. P&O Maritime Logistics provides a comprehensive set of services and marine solutions to offshore, and port services, and cargo transport segments. Caterpillar supports their operations with a consistent, digital enabled service approach, ensuring that POML receives a consistent service and support experience globally.
The agreement, effective October, includes fleet management service, maintenance planning, and connectivity coverage for 90 vessels of POML. In addition, each vessel will be digitally connected with Cat® Remote Fleet Vision which provides both parties with data trends, alerts, and enables failure prevention analysis. With a dedicated team, working with the global dealer network, Caterpillar will ensure the contract is supported consistently across the world.
“This agreement supports both Caterpillar and P&O Maritime Logistics’ vision for value-added marine services through innovative solutions and technology supported operations, commented Brad Johnson, vice president of Caterpillar Marine.
Under this agreement, global operations for POML are matched with Caterpillar’s world class dealer network which provides efficient, reliable, and tailored services to meet their diverse operational needs. “We will work closely with their team on improvement projects and potentially on the use of new fuels and technologies,” said Johnson.
About Caterpillar Marine:
Caterpillar Marine, with headquarters in Houston, Texas, offers premium power solutions for a wide range of marine applications. With decades of experience designing engines and aftertreatment solutions, Caterpillar Marine products set the standard for quality, performance, and reliability. Caterpillar is dedicated to being your service provider on the water to provide engine and operational success. With Customer Value Agreements (CVAs), customers can take advantage of an extensive array of service options that can be tailored to their specific needs. Combined with our digital solutions, a CVA can provide valuable insights to engine health and performance. The global sales and service network is ready to support customers in tug, offshore, inland waterways, fishing, governmental, dredge, ferry, and yachting wherever they are.
More information is available at: www.cat.com/marine
About Caterpillar
With 2021 sales and revenues of $51.0 billion, Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we’ve been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment. Visit us at caterpillar.com or join the conversation on our social media channels.
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