COURSE OVERVIEW:

The KPI for Shipping Companies Training Program is a data-driven management course designed to optimize maritime performance through measurable indicators. This course examines the "Shipping KPI" standard developed by BIMCO and other industry leaders, providing a technical framework for benchmarking safety, environmental impact, and operational efficiency. It provides a strategic roadmap for shipowners and managers to transform raw operational data into actionable intelligence for better decision-making.

The scope of this training involves the detailed analysis of the hierarchy of Key Performance Indicators, ranging from high-level "KPIs" to specific "Performance Indicators" (PIs) and "Data Points." Participants will explore how to select relevant metrics for technical management, crew behavior, financial health, and environmental compliance. The program emphasizes the importance of data quality, standardized reporting, and the use of KPIs in vessel vetting and commercial negotiations.

Coverage includes the implementation of a KPI management system, the use of digital dashboards, and the benchmarking of fleet performance against global industry averages. The course addresses the human element in data collection, ensuring that reporting is accurate and transparent. By providing a comprehensive guide to performance measurement, this course equips maritime professionals with the expertise to demonstrate value to stakeholders and drive sustainable growth in a competitive market.

COURSE OBJECTIVES:

After completion of this course, the participants will be able to:

1. Define the role and importance of KPIs in maritime management.
2. Utilize the BIMCO Shipping KPI Standard and Questionnaires.
3. Identify the relationship between Data Points, PIs, and KPIs.
4. Select relevant KPIs for technical, safety, and environmental performance.
5. Implement a standardized data collection and reporting framework.
6. Design and interpret digital performance dashboards.
7. Benchmark fleet performance against industry peers and internal targets.
8. Use KPIs to identify operational bottlenecks and systematic failures.
9. Link KPI results to the company’s annual Management Review.
10. Communicate performance data effectively to charterers and investors.
11. Ensure data integrity and prevent "gaming" of the KPI system.
12. Utilize KPIs for enhancing crew training and safety culture.
13. Drive operational cost savings through performance-based metrics.

TARGET AUDIENCE:  

Ship Managers, Technical Superintendents, Operations Directors, Quality Assurance Managers, and Fleet Analysts.

TRAINING COURSE METHODOLOGY:

A highly interactive combination of lectures, discussion sessions, and case studies will be employed to maximise the transfer of information, knowledge, and experience. The course will be intensive, practical, and highly interactive. The sessions will start by raising the most relevant questions and motivating everybody to find the right answers. The attendants will also be encouraged to raise more of their questions and to share in developing the right answers using their analysis and experience. There will also be some indoor experiential activities to enhance the learning experience. Course material will be provided in PowerPoint, with necessary animations, learning videos, and general discussions.

The course participants shall be evaluated before, during, and at the end of the course.

COURSE CERTIFICATE:

National Consultant Centre for Training LLC (NCC) will issue an Attendance Certificate to all participants completing a minimum of 80% of the total attendance time requirement.