Shipping KPI monthly news - June 2020


BIMCO’s Shipping KPI database reaches new strength

Launched in June 2010, the BIMCO Shipping-KPI is celebrating its 10-year anniversary.

Since its launch, the number of ships in the system has increased, and the month of May reached another milestone. In May, the total number of ships used for benchmarking reached 7.000, adding to the quality of the data pool which increases as more ships’ data is applied.

The basis of the Shipping-KPI has so far been the Performance Indicators (PI). Since its launch, the Shipping-KPI has been focused on operational performance. Through genuine discussions in the KPI expert group, the supporting definitions have been tuned to match the users’ needs.

With the expected introduction of financial reporting later this year, 2020 will see another milestone reached. Financial reporting will allow for benchmarking on financial PI’s as well, and 2021 will expectedly open the full potential of operational and financial benchmarking in the same system. This will give users a 360-degree overview of the company performance.

For more information

Please email any comments and questions to Peter Lundahl Rasmussen:

About BIMCO's Shipping KPI System

  • Based on reported Performance indicators (PI) being aggregated into Key Performance Indicators (KPI)
  • Provides an accurate comparison of ships
  • Has anonymised data
  • Has a high level of data security
  • Keeps user’s data safe
  • Boosts performance improvements
  • Ship/fleet/industry benchmarking


Johan Conrad
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.