The Dry Bulk Management Standard (DBMS) includes 30 Subject Areas in total, some of which may require more focus in comparison to others. This is why they are also referred as ‘Priority subject areas’.
With the introduction of the ISM Code in late 90s, Safety Management System, briefly SMS, remains the most important documented system for every shipping company and the new standard from RightShip could not make an exception. Namely, DBMS mentions the word SMS 38 times and has a dedicated Subject Area (No.3) under title ‘SMS governing documents’
Transits through the Suez Canal stayed resilient with 6,166 transits and total transits of the three commercial shipping sectors which up 8% year-on-year.
In an exclusive interview with SAFETY4SEA, Mr. Luke Fisher Project Lead, DBMS highlights the importance of always putting safety at the centre. This is the reason behind the new standard which although it is in phase, it has already established a clear pathway towards collaboration and real change.
INTERCARGO has announced that it is currently developing ‘DRY-SAS’, a risk based, tailored Self-Assessment Scheme specifically for the dry bulk sector, for which consultation within its membership is ongoing. Namely, the Association said that a wide consultation process prior to implementation of the scheme will be launched and more details will be announced within forthcoming months.
Norwegian dry bulk shipping company Western Bulk has signed up with an Oslo-based online market intelligence platform for dry bulk industry. The tech start up Oceanbolt provides real-time insights into trade flows, tonnage flow, fleet speed, dry docking and congestion.
RightShip announced a new program for the dry bulk sector which aims to ensure the highest levels of safety, security and environmental excellence. The new Dry Bulk Management Standard (DBMS) aims to support the improvement of safety and risk management standards within dry bulk ship management and help drive collaboration, conversation and increased standards in the sector.
SAFETY4SEA is pleased to announce that Thome Ship Management Pte Ltd has received the 2020 GREEN4SEA Dry Bulk Operator Award, sponsored by Lean Marine, at a prestigious award ceremony which successfully concluded on March 3rd at Yacht Club of Greece in Athens, the evening ahead of the 2020 GREEN4SEA Athens Forum.
Maritime market data analyst The Baltic Exchange has issued its weekly reports for 24-28 February 2020, to provide information of the bulk and dry market performance. The information is used by shipbrokers, owners & operators, traders, financiers and charterers as a reliable and independent view of the dry and tanker markets.
In fact, the Baltic Exchange’s main sea freight index, which tracks rates for capesize, panamax and supramax vessels that carry dry bulk commodities, dropped 23 points, or 1.5%, to 1,528 points, Reuters reports. Notably, the index fell for a fifth straight session on Tuesday- being weighed down by softer demand for capesize vessels. In particular, the capesize index fell 75 points, or 2.3%, to 3,167 points.
