Home' Ships and Shipping : February 2011 Contents NEWMATERIALS,EQUIPMENT,TECHNOLOGYandSERVICES
RightShip offers instant, updated ship vetting info, right around the world
February 2011 SHIPS AND SHIPPING
RightShip, established in Melbourne, Australia, has been
successfully exporting vetting capabilities to the global
shipping industry for almost ten years. Its unique online
vetting system is easy and cost-effective to use and has
brought sophisticated vetting capabilities to organisations of
Shippers, shipowners, ship managers, port authorities,
terminals, agents, insurers and maritime finance organisations
are just some of the customers who use RightShip to quickly
identify and select vessels that meet their standards or to monitor
and benchmark vessel and fleet performance.
Last year, RightShip completed around 28,000 online vets for
some 2,000 customers in over 185 customer organisations, as
well as arranging over 1,800 physical inspections of ships.
RightShip CEO Warwick Norman says casualties and
detentions continue to cost the industry huge sums each year.
“What we, and our customers, have learned is that these costs
are not an inevitable part of operating. They are avoidable, if
companies do their homework.
“Over many years, our system has shown that it is possible to
identify, in advance, which ships are most likely to cause
problems. Our customers use vetting to avoid those ships and the
delays and expenses that come with them.
“That makes business safer and more profitable for customers,
and we’ve also seen a noticeable impact on casualty and
detention numbers in ports and regions where RightShip vetting
is heavily used.”
After almost a decade of development, RightShip’s unique
online Ship Vetting Information System, or “SVIS”, now contains
data about over 71,000 vessels and more than 100,000 companies
that own and manage ships.
Subscribers can go online any time and get an instant,
up-to-date risk analysis about any vessel they name, including a
star rating to summarise the level of risk.
But behind this deceptively simple rating is a
complex analytical model, using about 50 separate risk
factors that have a proven link to casualties and detentions.
Data covers the vessel’s building and maintenance, its
ownership and management, crewing, flag, class, Port
State Control history, inspections and many other
aspects of the vessel’s history and performance. RightShip also
keeps adding new data sources to make the risk evaluation
even more accurate.
Importantly, every time a user checks a ship, RightShip’s SVIS
does a new analysis of all available data, right up until the day
the online vet is completed.
In a major new development, RightShip has begun offering a
complementary online environmental risk assessment, using its
proven online vetting system.
“We have customers with strong sustainability policies who
want to align their vessel selection with these policies,” Warwick
Norman says. “We also know there is a growing demand for tools
that help organisations select the most efficient ships.”
Subscribers can view both risk and environmental ratings as
they consider a vessel’s suitability, helping them make fully
informed business decisions.
Users can search for any vessel in the system and immediately
see a snapshot of its Energy Efficiency Design Index (EEDI) and
Energy Efficiency Operational Indicator (EEOI), along with tables
explaining these ratings.
Each ship’s EEDI is calculated on the vessel’s characteristics at
build, including capacity, engine power and fuel consumption.
The EEOI, which uses cargo load, fuel consumption, speed
and voyage distance to calculate CO2 performance, is variable
and will change if owners and operators take steps to improve
energy efficiency. Relevant data includes pollution
incidents, ISO14001, CO2 emissions index, MARPOL
deficiencies and affiliations with RightShip partners including
AUSMEPA, Green Award and Class Societies’ Environmental
Like the standard risk rating, the environmental rating is
based on the most up to date data available.
Users can also see a graphical representation of the ship’s
environmental performance compared to the normalised
average for comparable vessels (by MEPC ship type and size).
They can also benchmark the ship they are viewing against
others in its sub-class – for example, comparing vessel-specific
statistics with the performance of all vessels with a similar
deadweight in the system.
“Our customers can now align their vessel selection decisions
with their own sustainability policies and with the Poseidon
Challenge and maritime protection associations, and get
advantages in meeting their targets,” says Warwick Norman.
“It’s a way of promoting benchmarking and delivering rewards
to owners who invest in responsible environmental practice.”
RightShip anticipates demand for the environmental
rating will only increase if, as expected, ports and terminals
vary charges based on the costs and risks each vessel poses to
The environmental rating sits alongside RightShip’s proven,
standard risk rating as a complementary support to
decision-making. It will not have any impact on RightShip’s
other inspection processes or eligibility criteria.
RightShip can be contacted at its offices in Melbourne
(Australia), Houston (USA) and London (UK).
For further information contact:
These two RightShip SVIS screen shots illustrate the ease of use and depth of information available online to any user in need of ship vetting services.
Everything clients need to determine whether a ship is up to their standards is right there at their fingertips
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