UK Club Best in Intercargo Port State Control Benchmarking Study

MarineLink.com
Thursday, October 10, 2013
Image courtesy of UK Club/Intercargo

Bulk carriers entered in the UK Club have the lowest number of Port State Control deficiencies when inspected according to the latest edition of “Benchmarking Bulk Carriers” published by Intercargo, and reported in the UK Club''s news.

The dry cargo shipowners association report states that UK Club ships average only 1.42 deficiencies per inspection compared to an average across the International Group of 2.16.
 
The report also shows the individual P&I club market share of Intercargo membership.  The UK Club, alongside the Japan Club, clearly leads in terms of market share with just over 12%.

The relevant section of the report is attached above as a PDF.  The full report can be obtained from Intercargo (see below for details).

Deficiency rates for non-Group P&I ships are considerably higher at 5.32 leading Intercargo to comment “unambiguous support for the hypothesis that vessels entered with the International Group of P&I Clubs tend to outperform those in Clubs that are not.”

About Intercargo
Founded in 1980, Intercargo represents over 160 bulk carrier owners/operators (vessels engaged in the transport of dry bulk commodities such as coal, grain and iron ore) and associates. Intercargo members currently own/operate over 1000 dry bulk vessels.

Source: UK Club

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

WCI Applauds Increased USACE Funding

Today WCI applauded the leadership of Senate Appropriations Committee Chairman Thad Cochran (R-MS) and Senate Energy & Water Development (E&WD) Appropriations Subcommittee

SoCal Beach Cleanup Could Take Months

The U.S. Coast Guard captain overseeing cleanup of oil spilled from a pipeline rupture that closed two California state beaches and fouled offshore waters near

MPC Honors Crowley for Tank Vessel Safety

Crowley Maritime Corporation’s petroleum services division has once again been honored by Marathon Petroleum Company (MPC) with its annual Elite Vessel Award, which

Legal

Myanmar Finds 200 Bangladeshis in Offshore Boat

Myanmar's navy found a boat carrying more than 200 Bangladeshis, the government said on Friday, after the military chief said some migrants landing in Malaysia

Two ASC Kalmar Cranes for DP World Brisbane

Kalmar, part of Cargotec, has received an order from DP World Australia to deliver two new Kalmar automatic stacking cranes (ASCs) for its semi-automated terminal in Brisbane.

DP World Extends Title Sponsorship Until 2020

Dubai is set to remain at the epicenter of golf on The European Tour for the foreseeable future after global port operator DP World announced today that it will

Bulk Carrier Trends

Asia Dry Bulk-Capesize Rates Mixed on Uncertainty

Capesize rates slide after hitting 5-month high. Rates for capesize bulk carriers eased this week after hitting their highest since December, and could come

HSH Bank to Split Off Bad Shipping Loans

German lender HSH Nordbank could split off a "bad bank" for non-performing shipping loans as part of a plan to create a sustainable business model, according to a person familiar with the matter.

CSD, Cosco JV to Buy Vale's Bulk Carriers

China Shipping Development (CSD) and Cosco have established a joint venture (JV), China Ore Shipping Pte., in Singapore to purchase four 400,000 dwt ore carriers from Vale and operate them.

Ports

USCG Tall Ship Sailing to the Bahamas

The U.S. Coast Guard Cutter Eagle is scheduled to arrive at Berth 14 at Prince George Wharf in Nassau, Bahamas on Thursday, May 28 as part of its 2015 cadet summer training deployment.

Shipping Freight Rates Drop Amidst Overcapacity

Shipping freight rates on the world's busiest route, from Asia to Northern Europe, fell by the largest percentage amount since 2008, reflecting wild volatility

WFP: Aid Cargo for Yemen will be Delivered After Ship Docks

The World Food Programme will deliver a cargo of Iranian aid for Yemen once the ship carrying it reaches Djibouti's port, the U.N agency said on Friday. Earlier

Maritime Safety

US Oil Platform on Fire in Gulf Of Mexico

An oil platform caught fire and was evacuated in the U.S. Gulf of Mexico offshore Louisiana in the early hours of Friday, though no injuries were reported, the U.

Two Rescued from Vessel Aground North of Cuba

Two American sailors whose vessel ran aground approximately 25 miles north of Gibara, Cuba, were rescued by the U.S. Coast Guard (USCG) Friday. Watchstanders

Myanmar Finds 200 Bangladeshis in Offshore Boat

Myanmar's navy found a boat carrying more than 200 Bangladeshis, the government said on Friday, after the military chief said some migrants landing in Malaysia

Classification Societies

Registration for SHIPPINGInsight 2015 Now Open

Online registration is now open for the SHIPPINGInsight 2015 Fleet Optimization Conference & Exhibition.   Now entering its fourth year, SHIPPINGInsight is an

LR Establishes Applied Technology Group

Lloyd’s Register establishes the Applied Technology Group, centered around the activities of Martec Limited   The Applied Technology Group (ATG) describes is

IRClass is 40

IRClass, a leading Class Society in Asia has successfully completed 40 years in the service of Maritime industry. With the growth in India’s international trade,

 
 
Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1591 sec (6 req/sec)