
(Posted on 05/05/22)
The International Association of Dry Cargo Shipowners (INTERCARGO) has launched the thirteenth edition of its Benchmarking Report, providing a unique and real time insight into safety standards in the dry bulk sector.
A highlight of the Report was the finding that INTERCARGO members demonstrated improved performance compared with the industry both in terms of deficiencies and detentions, with non-members reporting more than a third more detentions as a percentage of the fleet (2.5% vs 1.8%)
The Report provides information on detention rates and deficiencies per inspection across Flag States, Class, insurers, and Port State Control, in addition to owners’ benchmarking and a review of the negative performance indicators that are currently affecting the sector.
Paul Markides, Marine Quality Manager at INTERCARGO says: “We were delighted to see, once again, INTERCARGO-registered vessels outperforming the industry. As an Association we represent quality dry bulk operators, and these findings validate the work that we do to raise standards within the dry bulk industry.
“The value of the Benchmarking Report lies not only in the way that it enables operators to compare themselves with their peers, but also in the opportunity it provides for an operator to compare their own fleet performance against the profile of Classification Societies, Ship Registries, and P&I clubs, enabling them to seek out quality partners.”
Perhaps unsurprisingly, the Report notes that members of the International Group of P&I Clubs continue to record significantly less deficiencies than the industry, with a Deficiency per Inspection ratio (DPI) of 1.46 versus 2.34. However, with some clubs reporting nearly double the number of deficiencies per inspection than others (1.21 vs 2.17) it certainly pays owners to take a closer look.
The Report also makes interesting reading for the quality operator when considering choosing a Registry, with detention rates providing a valuable insight into the quality of vessels within a Flag State’s fleet.
The picture with Port State Control too, is noteworthy, with a wide variation across regions. For example, vessels calling at Australian Ports (AMSA) report a DPI of 3.44 versus the average across all authorities of 1.26. In terms of detentions, AMSA is again top of the list with a detention rate of 7.4% versus the average of 2.08%. When comparing bulk carrier detention rates versus average performance of all types of ships, detention rates of bulk carriers in the Black Sea and Paris MoU regions were amongst the highest, with the worst performance being in the US where detention rates of bulk carriers were 43% higher than the overall average (0.90% vs 0.63%).
The Report is available to purchase from Witherbys publishing group at GPB 100.
From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia... Read more
Prevention at Sea (PaS), a leading maritime compliance, auditing, and digital solutions provider, has... Read more
NorthStandard has reported strong financial results, continued strategic progress and enhanced support... Read more
Hundreds of vessels remain unable to transit the Strait of Hormuz and, in the event of a return to more... Read more
The Bahamas has regained eligibility for the United States Coast Guard’s QUALSHIP 21 programme... Read more
Ship to ship (STS) transfers are an established part of dry bulk operations, and they are growing. As... Read more
Columbia Group has strengthened its commitment to developing the next generation of maritime professionals... Read more
The Maritime Authority of Jamaica has marked Jamaica’s 50th anniversary as a member of the International... Read more
Costamare Bulkers Holdings Limited has reported unaudited financial results for the first quarter ended... Read more
NORDEN have announced that they have expanded their fleet with the purchase of four dry cargo Handysize... Read more