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.
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?
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.
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.
