Management and environmental assessment organisation RightShip has launched its new safety score metric
RightShip chief executive Martin Crawford-Brunt has listened to industry feedback and has replaced the previous risk rating, which predicted the likelihood of a vessel having an incident, with the new safety score – focused on providing the operational performance at the vessel, document of compliance holder, flag and class level.
The safety score uses a methodology that analyses the severity of any previous incidents, the frequency of incidents and any previously identified detentions and deficiencies for a given vessel. The new score also takes account of the proactivity of owners, operators and managers in managing safety and risk, by looking at their responsiveness to incidents, deficiencies or detentions. This in turn helps to provide a clear, identifiable path towards improving safety standards and processes.
According to RightShip, safety score creates a level playing field for all vessels on the water, regardless of type, size, age or builder, allowing industry participants to benchmark their safety procedures against the sector’s best performers. It is intended to help users gain an initial perspective on the operational performance of a potential charter, and to encourage shipowners to invest in improved processes and technologies that make the entire supply chain safer.
Mr Crawford-Brunt commented, “Since 2001, RightShip’s mission has been to help improve safety across our industry. An important element of this mission has been to ensure we provide the market with the tools that ultimately help to underpin that pursuit of continuous improvement. Our new safety score recognises considerable industry feedback calling for greater transparency and control of ratings, and is the result of widespread collaboration with owners, operators, managers, charterers and others across this global industry.
“We have created a balanced score which can be used by all members of the supply chain. For our due diligence customers, it provides a clearer insight to the operational performance of a vessel and document of compliance holder. The safety score is an indicator designed to be used as one of many factors in the due diligence process. Coupled with maritime expertise, it allows for the assessment of a nominated vessel and the provision of a vetting recommendation for a charterer.
“For the shipowning community, the safety score takes into account management performance and approach, giving owners a true understanding into how they can improve safety across multiple parameters. It also encourages shipowners to invest in system improvement, processes and technologies that make the entire supply chain safer.
“We believe that this will support improving wider safety standards across the industry and drive a new conversation within shipping about how we manage risk while safeguarding our operations, which is particularly important in our current environment.”
The safety score will be housed on the new RightShip Platform, which will replace the current platform Qi as well as the predictive risk rating once the safety score goes live. The announcement is being made before its formal launch in September 2020, to provide the maritime industry time to prepare for the switchover.
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