Performance measurement has become a central management discipline in modern shipping. Owners, operators, and managers are increasingly expected to demonstrate transparency, efficiency, regulatory compliance, and continuous improvement across technical, operational, financial, and safety-related functions.
This BIMCO 180 seminar provides a structured introduction to performance indicators (PIs) and key performance indicators (KPIs) in the context of ship management. The optional introduction to BIMCO Ship PI serves as an inspirational example of how industry benchmarking and contextualisation can tie into an internal performance dialogue.
Across two interactive online sessions, participants will explore both the strategic foundations of performance measurement and the practical realities of designing, implementing, and managing KPIs within a ship management organisation. The course is relevant regardless of whether participants currently use any formal benchmarking tool or KPI framework.
Who should attend?
This seminar is designed for professionals involved in managing, monitoring, or evaluating performance within shipowning and ship management organisations, including:
- Ship managers and senior management
- Technical, marine, crewing, and operations managers
- HSQE and compliance personnel
- Performance, quality, or continuous improvement teams
- Commercial managers with an operational interface
The course is suitable for participants with limited or moderate experience in KPIs, as well as those seeking to structure or refine existing performance management systems.
What will you learn?
Day 1: Foundations of Performance Measurement & Management
- Principles of performance indicators (PIs) and key performance indicators (KPIs)
- Performance measurement challenges in ship management organisations
- Strategic alignment and the balanced scorecard
- Developing strategy maps to link objectives, activities, and outcomes
- Examples of KPIs across ship management functions
Optional session (in-between sessions – 15 minutes): Introduction to BIMCO Ship PI
- Brief overview of the BIMCO Ship PI concept
- How Ship PI supports benchmarking and contextualisation in an internal performance dialogue
Day 2: Designing, Implementing, and Managing KPIs
- Setting targets and benchmarking
- Practical aspects of implementation and digitalisation
- Integrating KPIs into management systems and decision-making
- Accountability, ownership, and staff engagement
- Group exercise: Designing KPIs for participants’ organisations
Starting time
09:00 UTC
10:00 CET
See the time in your local time zone
Learning objectives
By the end of this BIMCO 180 seminar, participants will be able to:
- Understand the role of PIs and KPIs as management tools rather than just reporting metrics
- Identify common pitfalls and challenges in performance measurement and how to address them
- Link organisational strategy to measurable performance outcomes using concepts such as the balanced scorecard and strategy maps
- Design KPIs that are relevant, balanced, and aligned with ship management functions
- Integrate KPIs into management systems in a way that supports decision-making, accountability, and continuous improvement
- Apply the principles learned through a practical exercise focused on their own organisations
- The optional Ship PI segment will also illustrate how an industry benchmarking framework can support and enrich internal performance dialogue.
Course format
BIMCO 180 seminars comprise two 90-minute live online sessions delivered by experienced BIMCO trainers.
The format combines presentations, practical examples, discussion, and interactive exercises to enable participants to translate theory into practice. The optional in-between session on BIMCO Ship PI will be delivered as a compact 15-minute module.
Participants will receive electronic course materials after the seminar.
Why attend this BIMCO 180 seminar?
Effective performance measurement is not about collecting more data – it is about using the correct data in the right way. This seminar helps participants move beyond isolated KPIs towards a structured, strategy-driven approach to performance management. By combining established management principles with practical, shipping-specific examples – and an optional illustration of industry benchmarking through BIMCO Ship PI – the course provides participants with tools they can immediately adapt to their own organisational context.
