Dear Shipping KPI User,
As a user of BIMCO Shipping KPI we are delighted to inform you of the latest developments and updates to the system.
These have been made with you the user in mind and have been carefully considered and developed using input and feedback from the industry.
At a glance, here are the key changes you need to know:
• A NEW NAME - the system will be renamed BIMCO SHIP PI (Performance Indicator), whilst still being powered by the SHIPPING KPI STANDARD (V4.0)
• IMPROVED ACCESS CONTROL – you will be able to set permissions (hide /view / edit) for KPIs, PIs and ship attributes, and then apply these to users and business units
• NEW FEATURE: Events & Actions – add notes alongside data reporting to help identify any corrective actions or external factors that may have contributed to changes in performance
• NEW FEATURE: Shared Fleets - specify ships, (K)PI permissions & time periods for sharing access with other users of the BIMCO SHIP PI system – use cases could include performance monitoring of ship management, crew management or chartering
• TAILORED PLANS- a range of free and paid plans will be available, depending on the level of functionality and number of users you may require. All plans will support unlimited ships.
These new features and name change will come into effect from Wednesday 15 May.
As an existing user of the system, you will be able to enjoy an extended trial period, providing you with full access to all the new features and improvements.
Please be assured, the platform will still be powered by the SHIPPING KPI STANDARD and your existing data and functionality will remain available to you during the extended trial period to enable you to decide on the most suitable plan for you.
You will receive further information over the coming weeks about how to access and make use of new features in the new BIMCO SHIP PI system.
We look forward to working with you and trust that you will find these new features of great benefit.
If you have any questions, please do get in touch with the team at shipping-kpi@bimco.org
Kind Regards,
BIMCO SHIP PI Team
If you have any questions, need more information or assistance with registration please send an email to shipping-kpi@bimco.org.
WATCH OUR SHORT HOW-TO VIDEOS for how to use the platform.
Please ensure that your local policy/Firewall/IT Department whitelist and do not block the below script-resources that must be whitelisted for the users in order for the BIMCO Shipping KPI to work properly:
The BIMCO Shipping KPI platform is a global shipping industry tool for defining, measuring and reporting information on operational performance.
The Shipping KPI System is used by shipping companies to:
compare their ships performance against the industry standard and potentially identify where efficiency improvements could be made
communicate their ship operational performance, both internally and externally
gain specific and accurate comparison of both own and other users’ ships or groups of ships
utilise filtering of benchmarking results in terms of: age of ships, Class, DWT, flag, ship status, ship type, etc.
The Shipping KPI Standard is hierarchical with 3 different levels:
Key Performance Indicators groups (KPI groups)
Key Performance Indicators (KPIs)
Performance Indicators (PIs)
There is a mathematical relation between the last two levels. In basic terms, Key Performance Indicators are calculated from Performance Indicators (lowest level) using a KPI formula.
On the lowest level you find the PIs which are based on data capture (measurements or counters) directly from a ship or from the ship’s management. Data is collected once and re-used within the Shipping KPI Standard in order to reduce the amount of data reporting.
Data security is paramount, and the reported data is not only anonymised but also only used in an aggregated average for benchmarking. The benchmarking rule is based on not less than 3 other KPI users and a minimum of 10 ships. BIMCO does not have access to any reported performance data.
Shipping KPI is a system for the industry – developed, maintained and operated by the industry.
What is the history and schedule?
2006: Shipping KPI was developed by a cross-industry group
2011:Shipping KPI was launched to the public at IMO
2015: BIMCO took ownership of the Shipping KPI
2018: BIMCO launched Shipping KPI version 3.0
2020: BIMCO Launched Shipping KPI version 4.0
2020 BIMCO Launched a new Shipping KPI Group on Cost
2021 BIMCO launched improve user report generation functionality
2022: BIMCO initiated a project to update the software platform that runs the system and to migrate it to new BIMCO servers
2022 The BIMCO Shipping KPI Group on Cost have until further notice been taken down to avoid programming implications during the mitigation to the new software platform
2023: BIMCO Shipping KPI system is updated and migrated to BIMCO servers, with an improved user interface and reinstating the KPIs and PIs relating to ship emissions
Across industry performance benchmarking
All functions and formulas are fully transparent
Filtered internal & external benchmarking
Graphical overview of ship/fleet status and KPI performance
Easy generation of status KPI and benchmarking ranking reports
Increases transparency within the shipping industry
Measures ships’ performance data
Monitoring of internal performance improvement
Online platform (no download required)
Only using de-identified aggregated data for benchmarking
Performance Indicators being accumulated into KPI’s
Quarterly reporting as recommended minimum interval
Secure and anonymous for all users
Size of data pool equals data quality (crowd sourcing)
How does it work?
The Shipping KPI offers shipping organization's the ability to produce a visual representation of how a ship or group of ships performs during a specific time period. It uses a unique standard of Key Performance Indicators (KPIs) and the Ship Attributes that allows users to filter information according to different type and sector of ships. This will allow the user to produce ship reports and benchmark ships across different types and sectors.
KPI Groups:
Environmental
Health and Safety
HR Management
Navigational Safety
Operational
Security
Technical
Port State Control
For further information please refer to the documentation available here. In the left hand frame, please select the correct version (4) and if applicable the chosen KPI profile.
Contact the Shipping KPI team
Email: shipping-kpi@bimco.org
The Shipping KPI System is a global shipping industry tool for defining, measuring and reporting information on operational performance. It uses a unique standard of 67 different performance indicators to allow the most specific and accurate comparison of ships - across different types and sectors - that is currently available
The data collected is anonymised and aggregated, so it does not compromise commercially sensitive information.
