INTERCARGO And RightShip Launch Independent Dry Bulk Centre of Excellence

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On April 4th, RightShip, the leading global ESG focused digital maritime platform, and INTERCARGO, the International Association of Dry Cargo Shipowners, proudly launch the Dry Bulk Centre of Excellence (DBCE), an independent, not-for-profit industry organisation dedicated to the administration of the Dry Bulk Management Standard (DryBMS) framework, reports Rightship.

DryBMS

DryBMS was developed by INTERCARGO and RightShip, with input from experts and stakeholders across the sector, as an industry tool to raise standards and best practices across safety, security, environmental performance, and social welfare in the dry shipping sector. INTERCARGO and RightShip have worked closely to establish the DBCE to further evolve and disseminate the DryBMS framework.

An independent, not-for-profit organisation entirely separate from its founding organisations, DBCE will be run by an independent management team and will adopt a governance model convened from ship owners, managers, and charterers. This will foster greater cooperation and collaboration between key stakeholders and achieve the common purpose of improving standards and driving operational excellence via active industry participation.

The DBCE Board of Directors will be chaired alternatively by representatives from the community of ship owners/ ship managers and charterers, and will have representation from BIMCO, the International Chamber of Shipping, RightShip and INTERCARGO creating a truly collaborative industry initiative.

The DryBMS framework will continue to be accessible to the industry, and, from May 2024, DBCE will maintain a secure portal where ship owners and managers can complete digital self-assessment against the DryBMS framework. Ship owners and managers will then have the optional ability to share the results of their self-assessments with their charterer customers. In addition, DBCE will establish an independent self-assessment audit verification process for evaluating and verifying actual performance against self-assessments. DBCE will accredit independent auditors to its defined standard, whom companies may engage to perform audits of their self-assessments in their respective ship management offices.

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Source: Rightship