
With the average ship age exceeding 22 years and over 50% of vessels sailing past their 15-year mark, this paper explores how real-time condition-based monitoring powered by high-frequency data, IoT sensors, and AI-driven diagnostics is reshaping maintenance strategies and maximizing vessel lifecycles. It addresses the pressure on aging fleets from both economic pressures (pushing ships to run longer) and regulatory requirements (demanding better performance), demonstrating how continuous monitoring transforms legacy hardware into smart, data-driven assets that meet modern operational and environmental standards.




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