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Assuming a conservative figure of USD 2,300 per crane hour, a difference of just one per cent in the total availability (reliability) of a crane will amount to a loss of following revenue to the operator: 3.65 days (1 % of 365 days) x 24 hours x USD 2,300 = USD 201,500 per year.
Dive Insight: Mi-Jack Productsâthe equipment suppliers for the projectâ said the cranes' 84-foot clear span is a good 20 feet longer than is usual for the kind of project involve. The GPS is also used to deliver or retrieve materials for areas located more than 50 feet below the work deck, and cost $750,000 each.