BIMCO SHIP PI

 

What is BIMCO SHIP PI?

The BIMCO SHIP PI platform is a global shipping industry tool for defining, measuring and reporting information on operational performance.

The SHIP PI 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. 

BIMCO SHIP PI pricing:

Table of SHIP PI Prices: EUR 800 per month BIMCO members, EUR 1000 per month non-members

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 KPI formulas. 

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 SHIP PI users and a minimum of 10 ships.

SHIP PI is a system for the industry – developed, maintained and operated by the industry.

 

What is the history and schedule?

  • 2024: BIMCO SHIP PI launched
  • 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
  • 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
  • 2022: BIMCO initiated a project to update the software platform that runs the system and to migrate it to new BIMCO servers
  • 2021 BIMCO launched improve user report generation functionality
  • 2020: BIMCO Launched Shipping KPI version 4.0
  • 2020: BIMCO Launched a new Shipping KPI Group on Cost 
  • 2018: BIMCO launched Shipping KPI version 3.0
  • 2015: BIMCO took ownership of the Shipping KPI
  • 2011: Shipping KPI was launched to the public at IMO
  • 2006: Shipping KPI was developed by a cross-industry group.

 

What are the key advantages and functions?

  • 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 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 for Performance Indicators and Ship Attributes

  • Secure and anonymous for all users.

 

How does it work?

The SHIP PI offers shipping organisations 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.

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 SHIP PI to work properly:

 

For further information please refer to the documentation available here.

 

BIMCO SHIP PI

Terms of Use

Got a BIMCO SHIP PI question

Contact the BIMCO SHIP PI team

Email: ship-pi@bimco.org

The BIMCO SHIP PI 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.