Page 39 - INTERCARGO - Annual Report Report 2022 - 2023

INTERCARGO fleet performance &

operational excellence

INTERCARGO, through its members, is committed to operational excellence in the
areas of safety, security, health and the environment. INTERCARGO maintains a
robust and strict policy for entry which, by design, exceeds industry averages. In
2022, vessels entered with INTERCARGO consistently bettered industry perfor-
mance indicators in terms of both deficiencies and detentions, however the indus-
try as a whole showed a steady increase in detention rates which, while not a ma-
jor cause for concern, does show a disappointing trend upwards. Equally it should
be noted that deficiencies per inspection rates continue on a flat line.
The annual benchmarking of INTERCARGO’s entered fleet versus the rest of indus-
try is shown in the tables below.

Throughout the worldwide pandemic and the crisis in Ukraine, INTERCARGO has
ensured that members have been continually kept up to date with relevant develop-
ments and have been able to maintain their focus on quality operations throughout.

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
2017 1.2 2.0 1.8

2018 1.4 2.0 1.9
2019 1.2 2.0 1.8
2020 1.6 1.9 1.8

2021 1.8 2.5 2.4

2022 2 3 2.9
Average 1.5 2.2 2.1

Year INTERCARGO-entered fleet DPI Non-INTERCARGO fleet DPI Global bulk carrier fleet
DPI
2016 1.27 1.85 1.73
2017 1.3 1.86 1.73

2018 1.23 1.82 1.69
2019 1.17 1.71 1.59

2020 1.11 1.6 1.52
2021 1.12 1.62 1.51
2022 1.18 1.6 1.52

Average 1.2 1.72 1.61

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