Cheap at Build. Expensive at Sea: Why offshore coating decisions define lifetime cost

CAPEx and OPEx for Coatings Offshore Whitepaper

In offshore asset development, coatings are often treated as a small line item within the Capital Expenditure (CAPEx) budget – a checkbox on a long construction cost list. Yet, as the new Safinah whitepaper “CAPEx and OPEx for Coatings Offshore” reveals, overlooking the strategic importance of coating selection and integration at the outset can dramatically inflate Operating Expenditure (OPEx) over the life of an asset.

This comprehensive document sets out a compelling case for reframing how project teams, owners and contractors think about spending on surface protection in harsh marine environments. It demonstrates that even though coating costs represent a modest proportion of initial build costs, decisions made during the CAPEx phase –  from product specification to application process integration – are some of the most influential determinants of long-term coating performance, maintenance demand and unplanned repair expenditure.

Drawing on real-world cost indices that compare first-time application with in-service maintenance and repair costs, the whitepaper illustrates how the ability to influence total lifecycle cost diminishes rapidly once construction is complete. Early CapEx choices, including functional specification development and tailored product selection, can materially reduce future OpEx and risk exposure in offshore assets.

Importantly, the document challenges the traditional price-driven approach to coatings by highlighting the added value of aligning coating strategy with operational demands – from corrosion and fouling prevention to chemical and UV resistance. It also explores common causes of premature coating failure and offers guidance on how project teams can proactively mitigate these risks before they translate into costly downtime or repairs.

For engineers, project planners and asset owners seeking to optimise total cost of ownership and enhance asset reliability offshore, this whitepaper is essential reading. It bridges the CapEx–OpEx divide and shines a spotlight on a critical yet under-appreciated lever of lifecycle cost management.

Read more details, download the whitepaper.

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"CAPEx and OPEx for Coatings Offshore"

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Jakov "Bobo" Radenovic

Consultant (Americas)

Jakov joined the industry as a Coating Inspector and has worked in the protective coating industry for over 37 years. He has a wealth of experience from technical leadership positions held in Europe, Middle East, Asia/Pacific and Americas.

His speciality is in surface treatment, corrosion and fouling protection by protective coatings; from coating system & specification design to field testing and implementation, practical application, risk management and failure analysis.

Prior to joining Safinah, Jakov was working as a Technical Service Director and Chief Consultant for Global Key Accounts in renewable energy, with one of the major, global suppliers of coating solutions to Marine, Energy, Infrastructure, Industrial and Decorative sectors.

Expertise

Marine coatings and heavy-duty coatings in Energy and Infrastructure sectors

Languages spoken

Croatian, English

Qualifications

FROSIO Level 3, NACE CIP Level 1, Nautical Engineer

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