Transcript Document

About RightShip
Port Interaction
May 2013
Good Reasons to Vet - 2011
• 1,886 vessel casualties
• 3,198 detentions
– 300,552 detained hours
– 358 vessels detained more than once
• 2,219 global class withdrawal records
• More than 1 billion tonnes of CO2 emitted from shipping
• Near record volumes of new deliveries
• Backdrop of global economic uncertainty
Agenda
• Who is RightShip?
• Star Ratings – What do they mean?
• SVIS Explained
• Proposal
• GHG Emissions & Shipping
• Live System Demonstration
About Rightship
• Independent company formed in Oct 2001
• Melbourne, London & Houston
• 200+ Customers globally
• Ship Vetting & Risk Management
• Petroleum & Dry Cargo Vetting Service
• Environmental Rating & CO2 Benchmarking
• Worldwide dedicated vetting specialists
• Former serving Masters and Chief Engineers
• Award winning proven system
• ISO9001 and ISO27001 Certified
RightShip Port & Terminal
Customers
Ship Broker
Petroleum
Ship Owner
Insurance
Ports
&Terminals
Regulator
Charterer
Utility
Star Ratings –
Explained
Star Ratings –
What do they mean?
Indicate a detailed review of the vessel is required
including a physical inspection of the ship and/or an
audit of the vessel and its management systems
Indicates further review of the vessel is required
by RightShip
Typically
User
Approved
Data Sources
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IHS Fairplay Data
Lloyd’s List Intelligence
Clarksons Hatch Load
P&I Club information
Office of Foreign Asset Control (OFAC)
EU & DFAT Banned Vessels
Paris MoU Banned Vessels
USCG Banned Vessels
IACS Class withdrawal information
Green Award
Environmental Protection Agency Data
(AUSMEPA, HELMEPA & NAMEPA)
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International Transport Workers'
Federation Blue Card Data
Global PSC Inspection & Detention data
o Australian Maritime Safety Authority
o US Coast Guard
o Black Sea MOU
o Caribbean MOU
o Indian Ocean MOU
o Mediterranean MOU
o Paris MOU
o Riyadh MOU
o Tokyo MOU
o Vina Del Mar
Ship Vetting Information System –
Section 1: Calculated Risk Profile
For each risk parameter a vessel is
assigned (independently) into one of
the following risk categories:
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Low Risk (LR – 10 points)
Low Medium Risk (LMR - 8 points)
Medium Risk (MR – 6 points)
Medium High Risk (MHR – 4 points)
High Risk (HR – 2 points).
Once matrixed (instantaneous) the
columns are totalled and a base score
is generated.
Note:
• RightShip Inspection – up to +15 points
• Green Award – bonus +15 points
• Intercargo Vessel – bonus +5 points
Ship Vetting Information System Section 2: Rating Adjustments
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Further adjustments are made
to a vessel’s score to reflect the
differing standards in
operational and management
control impacting its risk profile.
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The relative performance of
outside influences, such as
Class Societies and Ship Size,
are also used as a measure in
refining the vessels overall
rating.
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These adjustments are added
to the total calculated score
(Section One) and may be
positive or negative.
Ship Vetting Information System Section 3: Other Factors
• Other Factors represent a specific set of issues/events related to a
vessel’s performance as observed by third parties.
• Typically Other Factors will reduce a vessel’s Star Rating below the
automatic approval threshold.
• If more than one factor is applicable, the most severe restriction will be
enforced.
Ship Vetting Information System Section 4: Rating Calculation
• A vessels score is derived by simply summing the totals of the previous
sections paying due regard to any limiting factors and adjustments.
• In this case, the overall risk ranking of the vessel would be 2 star but for
the recent PSC detentions. To make our vetting recommendation,
RightShip would request an inspection be conducted and seek to close
out the PSC issues with the Owner/Manager directly (Corrective and
Preventative action plans).
Is Poor Performance Predictable?
Is Poor Performance Predictable?
Unsystematic
Risk Gap
GHG Emissions
& Shipping
Framing the Opportunity
CO2 Emissions
Emissions (Gigatons CO2)
Data Source: Second IMO GHG Study (2009)
The Problem with the
Relative Efficiency of the Existing Fleet
Basis of Comparison
Ship Type
Basis of Size Range
Bulk Carrier
DWT
Chemical Tanker
DWT
Container
TEU
Crude & Products Tanker (inc. OBO)
DWT
Cruise
GT
General Cargo
DWT
LNG Tanker
CBM
LPG Tanker
CBM
Refrigerated Cargo Ship
DWT
Vehicle
DWT
Let’s Compare
Bulk Carriers 75,000 - 80,000dwt vs
Reference Line (1990 – 2012)
Bulk Carriers 75,000 - 80,000dwt vs
Reference Line (2007– 2012)
Compliance vs Efficiency
2007 – 2012 (Tankers)
Complementary Vision
Part Four
How charterers
use the tool
Chartering customers are onboard
and supportive
• Developed in response to customer demand
• Ten RightShip customers factor in energy efficiency into
chartering selection process when vetting
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together they ship 1
billion+ tonnes of cargo
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represents around 18% of global non-containerised shipments
o
around 15,000 vessel movements annually
• Early adopters have significant first mover advantage
• Feedback has been very positive
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reduced shipping costs through reduced bunkers
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enhanced reputation through focus on sustainability
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supports company sustainability objectives
How customers factor it into
their selection process
Vessel can be denied:
Vessel warning:
Bypass incumbent barriers to free
information flow
Vessel A
Informed Decisions
Vessel B
Part Five
How Ship Owners
use the tool
Ship Owners:
Make Money in a Tough Market
• Financial benefits
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incentive provider to Environmental Ship Index
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Port Metro Vancouver provides a 35% port fee discount to vessels
with an EVDI™ of A, B or C
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More likely to be selected by charterers who factor CO₂ efficiency
into their vtting process
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potential for lower insurance premiums
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easier access to bank finance
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payback period for retrofits and upgrades can be as little as six
months
• Reputational benefits
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Newer is not always better
Reputation Benefits
Reputation Benefits –
Sample Fleet
Benefits
Benefits to Ports
• Systematic risk and sustainability evaluation on 71,000+
vessels (19,500 tankers) & 121,000+ companies;
• Off the shelf access to proven system and experienced
vetting personnel;
• Continuously developing web based support tool to
facilitate decision process - 24hours a day, 7 days a week;
• A full audit trail to substantiate vessel selection including a
detailed feedback mechanism; and
• Customizable interface and suitability calculation with the
ability to integrate legacy data and historical vetting
decisions
Targeted Intelligence Operational Reality
• Identify high risk vessels prior to their arrival,
• Increased shore-side involvement & situation
awareness,
• Targeted PSC inspections,
• Allocation of extra tugs / other strategies, or
• Declined permission to enter the shipping channel
entirely.
Questions
Take me to
SVIS™
Email: [email protected]