Within the framework of the SLOM 2024 conference, The Monobuoy Company has stood out with its innovative approach to monobuoy technology. The company, which occupies a prominent booth in the exhibition area, has attracted the attention of experts and participants with its specialized and customized approach to monobuoy development.
David Collard, founder of The Monobuoy Company, has shared in an exclusive interview with the Inspenet team the details of his company and its impact on the industry. Founded 26 years ago, The Monobuoy Company emerged as a response to the need for specialization in monobuoys, a technology that, despite its relevance, had been largely neglected by other manufacturers who focused on floating production systems.
“Most companies have expanded their focus to FPSOs and floating production systems, leaving monobuoys in a state of decline. We saw an opportunity to focus exclusively on monobuoys and improve their technology,” Collard explained. This approach has enabled The Monobuoy Company to offer highly customized solutions that meet the specific needs of its customers.
What sets The Monobuoy Company apart from others in the market is its relatively small size and its ability to tailor each product to the customer’s requirements. Collard emphasizes that “we are a company that can offer exactly what the customer wants, rather than imposing a standard product.” This flexibility and focus on customer satisfaction have been key to its success in the industry.
The cost of a monobuoy can vary significantly, with prices ranging from US$7 million to US$20 million, depending on the specifications and complexity of the system required. This price range reflects the high specialization and quality of the solutions offered by the company. The Monobuoy Company has demonstrated at SLOM 2024 its commitment to innovation and excellence in the monobuoy sector. Its presence at the conference underlines the importance of specialization and customization in maritime technology.
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