Tag: KPI

Pacific International Lines (PIL) has completed full integration with the Singapore Trade Data Exchange (SGTraDex) platform, making PIL the first shipping line to do so. This achievement, realised through a collaborative effort with KPI OceanConnect, signifies a transformative step towards global digitisation in PIL’s maritime operations.

MISC Group (MISC), through its Singapore-based subsidiaries, entered into a $527 million syndicated loan facility for the financing of six Very Large Ethane Carriers (VLECs).

KPI OceanConnect, Pacific International Lines (PIL) and physical marine fuel supplier Bunker One announced the successful completion of their first live electronic marine fuel inventory statement for an overseas delivery through the Singapore Trade Data Exchange (SGTraDex).

In the latest GREEN4SEA Virtual Forum, the importance of environmental, social, and corporate governance (ESG) was highly stressed. Mr. Konstantinos Papoutsis, Euronav’s Sustainability Manager gave a presentation to touch upon the disclosing of ESG data performance and shipping finance regulation and initiatives taken by the industry and beyond.

KPI Oil Bridge is waiting for the new sulphur regulations that will come into effect in 2020, as Søren Høll, CEO of KPI Bridge Oil, confirmed the company’s readiness for the expected changes. They anticipate a price increase of 30-40% depending on the region and local availability, while they also expect to experience a shortage of available credit in the market.

BIMCO's Shipping KPI System aims to be an indispensable and trusted tool of performance measurement for all ship owners, operators and managers - without compromising their commercial data.

KPI Association Limited pioneered originally by ship management association InterManager

KPI Project Gains Momentum

Canada leads the world in creating such measures, speakers say The global container shipping industry lags behind many other industries in establishing a set of key performance indicators to measure elements that are critical to shipping customers.But Canada leads the world in setting transportation measures, such as on-time reliability, terminal productivity, and dwell times, according to speakers on a panel during the opening day of The Journal of Commerce's 6th Annual Canada Maritime Conference in Montreal.The biggest problem in setting KPIs for global supply chains is the lack of common performance standards and common measurements of performance, said Kuba Szymanski, secretary general of InterManager, which is investing $10 million in developing a KIP grid for shipowners."Shippers are more concerned about port performance than costs," said Mary Brooks of Dalhousie University. "Ports talk about their productivity but it's a bit like kids in a playground, saying 'I'm better than you are,' because there are no common measurements of productivity." She said ports' performance indicators need to be vetted by third-party sources to validate their claims or shippers will not accept them.The KPI panelists praised the newly announced Daily Maersk service, which will set up a daily Asia-Europe container shipping service with ...