Page 38 - INTERCARGO - Annual Report 2022
P. 38

ANNUAL REVIEW





            Membership                                                                                                           INTERCARGO fleet performance & operational excellence


            Membership evolution

            The Association’s Membership has recorded a noticeable increase during the present Annual                                                     INTERCARGO, through its members, is committed to operational excellence in the
            Review’s reporting period (last 12 months), reaching historic high levels at the end of it                                                    areas of safety, security, health and the environment. INTERCARGO maintains a
            (August 2022).                                                                                                                                robust and strict policy for entry which, by design, exceeds industry averages. In
                                                                                                                                                          2021, vessels entered with INTERCARGO consistently bettered industry perfor-
                                                                                                                                                          mance indicators in terms of both deficiencies and detentions.

                                                                                                                                                          The annual benchmarking of INTERCARGO’s entered fleet demonstrates contin-
            Number of Member companies
                                                                 last 12 months
            150                                                                                                                                           ued improvement compared with the industry in terms of both detentions and de-
                                                                                                                                                          ficiencies as shown in the tables below.
            125
            100                                                                                                                                           Throughout the worldwide pandemic and the crisis in Ukraine, INTERCARGO has
            75                                                                                                                                            ensured that members have been continually kept up to date with relevant develop-
            50                                                                               Full Members                                                 ments and have been able to maintain their focus on quality operations throughout.
            25                                                                               Associate Members
            0
                    12.2016  12.2017  12.2018  12.2019  12.2020  12.2021  08.2021  08.2022
                                                                                                                                 Year              INTERCARGO - entered fleet   Non-INTERCARGO fleet     Global bulk carrier fleet
                                                                                                                                                   detention rate as %        detention rate as %        detention rate %

                                                                                                                                 2016              1.5                        2.1                        2.0
            Registered ships
                                                                 last 12 months
            3,000                                                                   300                                          2017              1.2                        2.0                        1.8
            2,500                                                                   250                                          2018              1.4                        2.0                        1.9
            2,000                                                                   200
            1,500  No of ships                                                    mil dwt  150  Registered ships (LH)            2019              1.2                        2.0                        1.8
            1,000                                                                   100      dwt registered (RH)                 2020              1.6                        1.9                        1.9

              500                                                                   50
                                                                                                                                 2021              1.8                        2.5                        2.4
                0                                                                   0
                    12.2016  12.2017  12.2018  12.2019  12.2020  12.2021  08.2021  08.2022
                                                                                                                                 Average           1.5                        2.1                        1.9



                                                                                                                                 Year              INTERCARGO - entered fleet   Non-INTERCARGO fleet     Global bulk carrier fleet
                                                                                                                                                   Deficiencies per Inspection  Deficiencies per Inspection  deficiencies per inspection
                                                                                                                                                   ratio (DPI)                ratio (DPI)                ratio (DPI)
            Registered ships as % of global dry bulk fleet                                                                       2016              1.27                       1.85                       1.73
                                                                 last 12 months
              30%                                                                                                                2017              1.30                       1.86                       1.73
              25%
                                                                                                                                 2018              1.23                       1.82                       1.69
              20%
                                                                                                                                 2019              1.17                       1.71                       1.59
              15%
              10%                                                                            basis number                        2020              1.11                       1.60                       1.52
               5%                                                                            basis dwt
                                                                                                                                 2021              1.12                       1.62                       1.51
               0%
                    12.2016  12.2017  12.2018  12.2019  12.2020  12.2021  08.2021  08.2022                                       Average           1.20                       1.74                       1.63


                                                                                                                                    Source: INTERCARGO Benchmarking Bulk Carriers, 2020-2021, 13th Edition
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