Benchmarking Bulk Carriers 2018-2019

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Published Date

June 2020

Benchmarking Bulk Carriers 2018-2019

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The INTERCARGO Benchmarking Report provides a detailed analysis of the global dry bulk cargo fleet, reporting on performance and trends across many sectors of the industry.


In 2018, INTERCARGO-entered ships continued to significantly outperform industry averages in respect of both detentions and deficiencies per inspection. It remains a core requirement of INTERCARGO policy that vessels entered by Members should meet strict acceptance criteria, which is set significantly higher than industry averages.

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The Benchmarking Report is one of INTERCARGO’S initiatives in its pursuit of a safe, efficient, high quality and environmentally friendly dry cargo shipping industry.


Information is provided on:


  • the state of the global fleet, including total tonnage, deliveries and scrapping

  • performance by Class, Flag and P&I Club, including number of detentions and deficiencies

  • performance of INTERCARGO-entered ships

  • recorded incidents, negative performance indicators and casualty trends

  • regional MoU annual white/grey/black lists and the USCG targeted flag list

  • Port State Control and the Concentrated Inspection Campaign.


The section on owners’ benchmarking allow owners to compare their fleet performance against that of their peers.


The section on Port State Control (PSC) provides an updated overview of the most important PSC regimes and looks into self-discipline measures and transparency, inspections and detention data for bulk carriers in 2018, ship targeting systems and performance indicators, measures to harmonise PSC activities and procedures worldwide, and Concentrated Inspection Campaigns.


INTERCARGO – Who we are 3

INTERCARGO Membership 4

Definitions and Abbreviations 6

1. Foreword/Executive Summary 8

2. Global Fleet and Market Trends 11

3. Casualty and Incident Reporting 14

4. Class 18

5. Flag 20

6. INTERCARGO – Entered Ships Performance 24

7. Owners’ Benchmarking 26

8. Negative Performance Indicators 28

9. Protection and Indemnity 29

10. Port State Control 30

11. INTERCARGO Reporting Schemes 37

Acknowledgements 45

INTERCARGO delivers peace of mind. With years of experience in the industry, you can rely on INTERCARGO for all of your shipping needs. INTERCARGO offers a broad range of transportation solutions including economy, express, and expedited shipping services for packages and heavy-weight freight.

Whether you ship one or one hundred packages, are an individual, a small business owner or work in logistics for a multi-national organisation, there are many reasons why you should choose INTERCARGO.

Our mission is to allow our customers to focus on their businesses by making the transportation of their goods easy, fast, and dependable. We have focused on the following 3 aspects in order to achieve our mission.

Title: Benchmarking Bulk Carriers 2018-2019
Edition: 2018-2019
Number of Pages: 45
Product Code: CC1008K
Published Date: June 2020
Book Height: 297 mm
Book Width: 211 mm
Book Spine: 4 mm
Weight: 0.60 kg

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