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Media Release: “INTERCARGO Urges Members to Join the Dry Bulk Management Standard (DryBMS) Portal to Drive Industry Improvement”

Photo credit: Dry Bulk Centre of Excellence (DBCE)

Media Release – 26 September 2024

INTERCARGO Urges Members to Join the Dry Bulk Management Standard (DryBMS) Portal to Drive Industry Improvement

INTERCARGO is strongly urging its members (shipowners, managers and operators) to subscribe to the newly launched Dry Bulk Management Standard (DryBMS) portal. With safety, operational efficiency, and sustainability at the forefront of the dry bulk shipping industry, active participation in this pioneering platform is essential for shaping the future of the sector.

By joining the Dry Bulk Centre of Excellence (DBCE), subscribers will have a unique opportunity to contribute to the ongoing development of the DryBMS standard, ensuring that it reflects the needs of all stakeholders. The DBCE’s governance structure, which provides equal standing for shipowners, operators and charterers, allows subscribers to have a direct voice in guiding the standard forward.

INTERCARGO, as a founding member of the DBCE, alongside BIMCO, ICS and  Rightship, believes that member involvement is key to achieving the widespread adoption of DryBMS. This collaboration aims to foster a safer, more efficient, and environmentally sustainable dry bulk industry, and industry participation is critical to making this vision a reality.

To encourage subscription, INTERCARGO is offering an exclusive incentive: the full refund of the £1,000 initial sign-up fee to the DBCE will be credited against the 2025 INTERCARGO membership fee for its members subscribing to DBCE in 2024. This refund makes it even easier for INTERCARGO members to take part in this vital initiative and influence the future of dry bulk shipping.

The Dry Bulk Management Standard (DryBMS) portal was officially launched on August 22nd, 2024, marking a new era for safety and sustainability in the dry bulk sector. The first 20 companies have already started the process of subscribing to the DBCE. Now is the time for INTERCARGO members to step forward and contribute to the growth and success of the programme.

For more information, please visit the DBCE website at www.dbce.org  as well as INTERCARGO updates at https://www.intercargo.org/tags/DBCE-DryBMS/

If you require any further clarification, feel free to contact info@intercargo.org.

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About INTERCARGO

International shipping is vital for the global economy and prosperity as it transports approximately 90% of world trade. The dry bulk sector is the largest shipping sector in terms of number of ships and deadweight. Dry bulk carriers account for 43% of the world fleet (in tonnage) and carry an estimated 55% of the global transport work. Please view INTERCARGO’s messaging via ESG here: https://www.intercargo.org/esg-review-2024/

The International Association of Dry Cargo Shipowners (INTERCARGO) unites and promotes quality dry bulk shipping, bringing together more than 250 forward thinking companies from 30 countries. INTERCARGO convened for the first time in 1980 in London and has been participating with consultative status at the International Maritime Organization (IMO) since 1993. INTERCARGO provides the forum where dry bulk shipowners, managers and operators are informed about, discuss, and share concerns on key topics and regulatory challenges, especially in relation to safety, security, the environment, and operational excellence. The Association promotes its members’ positions to IMO, as well as to other shipping and international industry fora, having free and fair competition as a principle.