BIMCO relaunch ship benchmarking system

BIMCO has relaunched its ship benchmarking system Shipping KPI after two years of redesign. The system helps shipowners and managers make strategic decisions about their fleet.

Owner of Kaptanoğlu Group, President Designate of BIMCO and Chair of the Shipping KPI steering group, Şadan Kaptanoğlu said: “The Shipping KPI system enables me, as a shipowner, to make rational strategic decisions on how to run my fleet, by benchmarking with other ships in the segments we compete in. It is an important step for BIMCO in its goal of developing digital solutions for the industry.”

Shipping KPI is based on self-reporting by 300 companies and a total of 6,000 ships. It enables users to compare performance parameters between ships of similar type, tonnage, trades or flag states, while remaining anonymous.

Users can compare 33 different Key Performance Indicators (KPIs) – for example budget performance, ship availability, contained spills and officer retention. The KPIs are based on 64 individual performance indicators.

BIMCO’s short term target is to get more than 10,000 ships into the system to create an even better foundation for comparison and analysis.

For more information visit www.bimco.org

5th March 2018