The new safety score will be based within the RightShip platform and has been developed over the last two years in collaboration with industry stakeholders.
While RightShip’s previous risk rating predicted the likelihood of an incident in the next 12 months safety score focuses on providing the operational performance at the vessel, DOC holder, flag and class level.
Martin Crawford-Brunt, ceo at RightShip, said: “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 DOC 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.”
The new system will be formally launched in September and existing members will be invited for Beta testing from the end of June.
Copyright © 2021. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited.