RightShip, a maritime risk management and environmental assessment organisation, has announced the launch of its new Safety Score.
The launch of the new Safety Score comes as RightShip responded to industry feedback that called for more transparent methods of assessing vessels. RightShip has spent the last 2 years working in collaboration with stakeholders from across the shipping industry. The new Safety Score provides a metric that is explainable, transparent and only includes factors which are in the control of the operator, to help support improved safety across the entire maritime sector.
The Safety Score will be housed on the new RightShip Platform, which will replace the current platform Qi as well as the predictive Risk Rating once the Safety Score goes live. The announcement is being made before its formal launch in September 2020, to provide the maritime industry with a period of time to prepare for the switch over.
RightShip’s previous risk rating predicted the likelihood of a vessel having an incident across the next 12 months. The new Safety Score focuses on providing the operational performance at the vessel, DOC holder, flag and class level.
The Safety Score uses a refined methodology that analyses the severity of any previous incidents, the frequency of incidents and any previously identified detentions and deficiencies for a given vessel. The new score also takes account of the proactivity of owners, operators and managers in managing safety and risk, by looking at their responsiveness to incidents, deficiencies or detentions. This, in turn, helps to provide a clear, identifiable path towards improving safety standards and processes.
It creates a level playing field for all vessels on the water, regardless of type, size, age or builder, allowing industry participants to benchmark their safety procedures against the sector’s best performers. It is intended to help users gain an initial perspective on the operational performance of a potential charter, and to encourage shipowners to invest in improved processes and technologies that make the entire supply chain safer.