Global marine and environmental risk assessor, RightShip, has been awarded the Australian Prime Ministers Exporter of the Year Award by the Hon. Tony Abbott MP at the 2013 Australian Export Awards in Melbourne.
RightShip was established in 2001 to address the lack of accessible, transparent data to enable shippers and charterers to identify and avoid substandard ships. Today, the company says it has more than 215 customers in 40 countries and generates 84 per cent of its revenue outside Australia.
RightShips online marine and environmental risk management system enables customers to identify in advance the 20 per cent of substandard ship operators who account for approximately 70 per cent of total casualties. The system contains data on more than 70,000 ships and 135,000 maritime companies and uses a sophisticated algorithm to analyse over fifty risk factors that have a proven link to incidents and casualties. In 2012, RightShip removed 1,158 unacceptable ships from its customers supply chains.
In recent years, RightShip has developed an energy efficiency rating alongside its risk rating to help shippers and charterers to choose a more energy efficient ship.
In a media statement issued by the Australian Prime Minister, the Hon Tony Abbott MP said: "RightShip is a terrific example of the ingenuity, innovation and international business success for which Australian companies are renowned."