BIMCO owns Shipping KPI System
BIMCO has today announced that it has taken ownership of the unique Shipping KPI System that allows shipowners and managers to compare their ships’ efficiency against the performance of the industry and sector averages. The Shipping KPI System is unique because it is based on a standard of 64 different performance indicators (such as ship unavailability and number of environmental related deficiencies) to allow the most specific and accurate comparison of ships – within each sector and more broadly across the industry – that is currently available. The data collected is anonymised, so it does not compromise commercially sensitive information. · technical performance.
KPI Targets Data Across Entire Maritime Sector
One independent Association which can collect, collate and correlate industry-specific data on behalf of the whole maritime sector is what the newly restructured KPI Association Limited (KPIA) aims to be, the company said. The KPI Association Limited (KPIA), is a not-for-profit body which now oversees the industry-wide KPI Project, pioneered originally by ship management association InterManager. Putting into action its key plans, KPIA is inviting influential industry organizations…
Intermanager President: New Year Message
The shipping industry has shown great resilience in battling through the recent economic downturn, according to InterManager President Gerardo Borromeo. But he urged caution following a recent jump in new build tanker orders, stating: “We live in interesting and challenging times”. In his New Year message to InterManager members, Mr. Borromeo said, “As we have seen, even when we think we see the light of day, there remains a specter of uncertainty. “In general though, we have managed through the most difficult parts of the economic crisis dating back to 2008…
KPI Project Passes 1,000 Vessel Milestone
The Shipping Key Performance Indicator Project, initiated by InterManager but now administered by the independent KPI Association Ltd, has passed an important milestone: Performance statistics from more than 1,000 vessels are now being inputted into the project’s website – enabling the KPI system to produce informative and meaningful performance measurements for the industry. “This is excellent progress for the project and indicates a great deal of industry involvement and support,” said Captain Kuba Szymanski, on behalf of the KPI Association.
