New BIMCO Shipping KPI version offers improved benchmarking concept


BIMCO is launching Version 4 of its Shipping KPI system to provide users with improved and more accurate ways of benchmarking their ships and fleets. The new version of the Shipping KPI will feature fundamental changes to the processing of information and include an improved user interface.

As BIMCO launches Version 4 of the Shipping KPI system, users will find that new Key Performance Indicators (KPI) and Performance Indicators (PI) have been added, while others have been removed, in order to reflect the shipping industry’s key performance challenges and regulatory changes.

New scheme for performance and targets

One of the most significant improvements is the user interface, particularly related to the “My Ships” and “Benchmarking” tabs. The improvement includes a new colour scheme for performance and targets and a new dynamic chart per ship; an optional function to add a ships’ photo is also available.

“Relying on an accurate way to measure and compare the performance of ships and fleets is invaluable to shipowners for monitoring and sharing ship performance information with potential charterers,” says Sadan Kaptanoglu, President and Chairperson of BIMCO.

Version 4 sees a conceptual shift from rating to ranking and offers a more effective way to illustrate ship and fleet performance. The new ranking system compares a ship or a fleet’s performance with one another and places them in an order based on their performance in a range of indicators whereas the old rating system assessed a ship or fleet’s performance on a score from 0-100 without any comparison.

Initially, the landing page on will remain, but this will be changed and updated later in the year, along with other user-related improvements.

For further information, please contact:

Lars Robert Pedersen 
Deputy Secretary General, BIMCO
+45 4436 6820


Lars Robert Pedersen
in Copenhagen, DK


Access BIMCO's COVID-19 related articles and advice.

Read more

VPS Bunker Alerts

Veritas Petroleum Services (VPS) publish regular Bunker Alerts based entirely on fuel samples and have kindly permitted BIMCO’s Members to access this information.

The Bunker Alerts are not intended to be an evaluation of overall bunker quality in the port or area concerned, but usually highlight a specific parameter within the fuel which has raised a quality issue.

Latest piracy reports


Latest industry releasable threats



Contracts & Clauses

All of BIMCO's most widely used contracts and clauses as well as advice on managing charters and business partners.

Learn about your cargo

For general guidance and information on cargo-related queries.

More about cargo

BIMCO Publications

Want to buy or download a BIMCO publication? Use the link to get access to the ballast water management guide, the ship master’s security manual and many other publications.

About a new business partner

We can help members check new business partners. We also help to recover millions of USD (undisputed) funds every year.