Shipping KPIs

The Shipping KPI System

http://www.shipping-kpi.org 1

© Marintek

Usage

http://www.shipping-kpi.org 2

• A voluntary industry initiative• Meeting future transparency requirements• Used in relation to TMSA - evidence tracking• Informing the public opinion• Provide consistent external performance communication• Indicating policy and regulatory implementation effects• Internal improvement• Fleet/industry benchmarking• Performance based contracting

The Shipping KPI Standard -

Concept

http://www.shipping-kpi.org 3

SPI

PI

Extended Balanced Score Card for internal improvement ~ 33

Corporate measurements 64

Aggregated indexes for external communication ~ 7

Pro

cess

es

Cus

tom

er

Lea

rnin

g

HS

E

Oth

ers

F

inan

cial

KPI

• Environmental performance

• HR performance• Safety performance• Security performance • Technical Performance• Navigation Performance• Operational Performance

• Environmental performance

• HR performance• Safety performance• Security performance • Technical Performance• Navigation Performance• Operational Performance

Phase 2 - Participants

Bernhard Schulte Ship management Bill Lunn Group Director - Loss prevention, safety & quality

Columbia Shipmanagement Dietrich Wulff Q.A. Manager

Future Trans David Peano Fleet Manager DPA

EMS Ship Management Ranjith Cheerath Marine, Safety & Quality Director

Epic Asia Sanjay Mittal General Manager, DPA

Epic Europe/Meridian Marine David Turner Manager Risk, Safety and Security

Hoegh Fleet Services Alv Johan Erikstad Controller, Fleet Management

Maersk Ship Management Terry Cornick Managing Director

Marfin Management S.A.M. Alexandre Albertini Director

NovoShip Alexey O. Khaydukov Quality Assurance Director

NYK Shipmanagement Hemant Pathania Managing Director & COO

Seaspan Ship Management Peter Curtis Vice President

Thome Ship Management Bjorn Hojgaard Managing Director

V.Group Simon Pressly Chief Information Officer

Wilhelmsen Ship Management John-Christen Jensen Vice President Ship management

Face Of Shipping & NewsLink George Hoyt Founder

Thenamaris Shipmanagement Nassos J Kaymenakis Marine, Vetting & Safety coordinator

Interorient Steve Hardy Manager HSEQ

MMS Japan T. Ajay Executive Officer

http://www.shipping-kpi.org 4

The need for a Standard

Workshop:

Is there a need for

standardized KPIs?

http://www.shipping-kpi.org 5

Really?

KPI Trust / KPI Assoc. Ltd.

• The KPI System is in custody of the KPI Trust, its purpose is - ”to promote and facilitate performance and quality improvement of the maritime industry”

• InterManager founded KPI Association LTD in 2011 as a separate entity to manage, operate and distribute the “Shipping KPI System”

• KPI Association Ltd is incorporated in the Isle of Man as a Non-profit organization

http://www.shipping-kpi.org 6

Organization

KPI Trust

Trustees

Intermanager

Other Trade Ass. Or Stakeholders

KPI Association Ltd

Chairman

Board of Directors

http://www.shipping-kpi.org 7

Validation and Adoption

http://www.shipping-kpi.org 8

Owners26%

Owner/Manager23%

Inhouse Manager21%

Third Party Manager14%

Academic7%

Class1%

Other7%

Bulk Carriers11%

Container Ships22%

Gas Carriers12%Other

19%Passen-

ger Ships1%

Tanker36%

Vessel Types (2011-Q3)

Companies (2011-Q3)

Submitted vessels

http://www.shipping-kpi.org 9

2011-Q1 2011-Q2 2011-Q3 2011-Q4 2012-Q1 2012-Q2 2012-Q3 2012-Q4 2013-Q1 2013-Q2 2013-Q3 2013-Q40

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Vessels Reporting

Status Today

Project Activities:• Currently funded by InterManager Members• Active SW Development based on user feedback• Fine-tuning of the definitions and formulas by the KPI Expert Group

As of 19.09.2012:• 89 participating ship managers and owners• KPI data of 1319 unique vessels submitted

Visible Trends:• Tanker companies represent biggest part • Strong interest from ship owners

http://www.shipping-kpi.org 10

Outlook

Where can you go from here?• Study the KPIs• Register at http://www.shipping-kpi.org• Start benchmarking today

Where might the KPI Standard lead us to?MoU with CDI (Chemical Distribution Institute) Oct 2012

• MoU with “Managing Operational Performance in Shipping”NRC will fund aspects of the project for group of Norwegian companies, until June 2014.

• Other countries are considering similar types of support to the KPI project.

Partnerships with SW suppliers and Maritime SW Consultants

http://www.shipping-kpi.org 11

Demo

http://www.shipping-kpi.org 12

Q & A

http://www.shipping-kpi.org 13