Major development efforts included ABS SafeShip,
a through-life, vessel integrity management program
offered by ABS to provide owners with the highest
level of information available for operational efficiency
and ship safety. Preliminary work was also undertaken
to develop a companion ABS SafeRig program that
will offer similar benefits to operators of offshore
drilling and production facilities.
Other projects included ABS SafeNet for the Web,
a new approach to the established program that
expands accessibility of fleet status information
to owners and operators, and the ABS Nautical
Systems product reengineering initiative.
ABS Nautical Systems (ABS NS), a majority-
owned subsidiary of ABS Infolink, also made solid
contributions to the success of the parent company
in 2001, recording a remarkable 36 percent growth
in revenue. This can be attributed in part to the
continuing growth of its worldwide client base, which
has more than quadrupled in the last three years.
The year also saw continued growth in ABS Nautical
System’s consulting activities. The company views
ongoing training as a critical success factor if clients
are to reap the full operational benefits offered by its
product line. As a result, ABS NS has developed a
comprehensive suite of training services for its clients,
as well as audit services to evaluate the strengths and
weaknesses of clients’ current IT systems.
ABS Infolink ended the year with a full orderbook
of projects that will continue to stretch our techni-cal
and service capabilities throughout 2002. It
includes further development of the ABS SafeShip,
ABS SafeRig and ABS SafeNet for the Web projects.
And the Offshore Center will increase its capabilities
to include software support for a host of legacy-system
replacement applications being deployed throughout
the ABS organization, each designed to improve
administrative and operating efficiencies.
Gary A. Latin
ABS InfoLink Inc.
President
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