Shipping KPI Project

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Application of theory to develop the Shipping KPI Model +Industry KPIs +KPI Definitions Validating and balancing the indicators Identifying Stakeholder needs Creating a aggregation hierarchy Ship condition Ship stability Crew training level Voyage safety Ship safety Cargo safety Crew safety Crew and cargo safety Operational safety Criminal events Security event (delays before berthing) Security Humanitarian events Operational events Operational delays Crew, ship and cargo readiness Paperwork delays Crew and documantation Timeliness of operations Safe, secure and cost-efficient operation Statutory inspection induced delay Other inspection induced delay Initial costing levels Vessel readiness Budget variation Unscheduled off-hire time Internal information Cost contol External information Management information Budgeting and information Value of ship managers operations New build supervision System development Ship survey and inspection Technical consulting Maintenance of classification Ship services Other ship services Crew behaviour Reputation of the company Liquid discharge Crew & company performance Reputation Reputation Air pollution Garbage pollution Environmental performance Creating the mathematical model Applying theory Own development
KPI: Cargo damage ratio DESCRIPTION: The KPI expresses the ship manager’s ability to run a reliable operation in regards to delivering the cargo undamaged at the port of discharge. RATIONAL FOR THE KPI: One of the main objectives for any ship manager is to ensure that the vessel arrives at the port of discharge with the cargo in the same shape as when loaded at the port of loading. The issue of timeliness is more under the responsibility of the commercial operator and no such KPI therefore exists in the Shipping KPI performance hierarchy. EXTERNAL REFERENCE: No external reference is made in this KPI. DEFINITION: This KPI represents a ratio between the total quantity of damaged or lost cargo (during the actual sea voyage) relative to the total quantity of cargo transported. By defining the KPI as a ratio, benchmarking is feasible even between different vessel sizes. BACKGROUND: Due to the different nature of different vessel types, this KPI is not suitable for comparison across vessel types. A contaminated tank on a VLCC will result in a much bigger contaminated cargo volume as opposed to a damaged single container on a container carrier. Even though both incidents are single incidents, the VLCC’s performance will come off much worse on this KPI than the container carrier. During the definition phase of this KPI we contemplated about only counting the number of incidents instead of registering the actual volume/quantity of damaged cargo but it was decided that we would loose valuable information if only the number of incidents were counted.
Page 1 and 2: Shipping KPI Project Past, present
Page 3 and 4: Current industry situation • Too
Page 5 and 6: The project Norwegian Research Coun
Page 7 and 8: Shipping KPI Phase 2 WG Participant
Page 9 and 10: The Shipping KPI Standard - Concept
Page 11 and 12: The Shipping KPI Standard - SPIs
Page 13: The Shipping KPI Standard - PIs Act
Page 17 and 18: The history of the KPI Rating (0-10
Page 19 and 20: Validation of standard (type of ves
Page 21 and 22: A conceptual model for the Shipping
Page 23: Thank you for your attention!

Shipping KPI Project

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