New NGO to govern quality standard for dry bulk sector

Both RightShip and INTERCARGO have advocated the need for significant improvements to dry bulk safety standards.

RightShip and INTERCARGO announced the launch of an important new quality standard for the dry bulk sector, DryBMS. The standard will be governed by a new NGO to be established later this year and will support the improvement of safety in the dry bulk segment.

Both RightShip and INTERCARGO have advocated the need for significant improvements to dry bulk safety standards. In August 2020 both organizations combined their expertise to create a single framework for the whole industry.

Supported by the International Chamber of Shipping (ICS) and BIMCO, DryBMS now exists as a simple set of best practices and key performance indicators and raises the bar on safety, environmental and operational excellence.

RightShip’s CEO Steen Lund says that he is confident that such a program will be supported and adopted: “We are proud to launch DryBMS to the industry. The standard is a product of extensive collaboration with many stakeholders within the dry bulk sector.

“We believe that this ensures the program will be supported and adopted across the industry as a whole. The rapid delivery of the initial consultation document means that we are a step closer to providing consistent, meaningful safety expectations for the dry bulk industry.

“Handing the standard over to a new and independent NGO will ensure the standard is protected and governed with the industry’s best intentions at heart.”

Dimitrios Fafalios, Chairman of INTERCARGO agrees: “This is an important step, not only for the industry, but for the sector as a whole. We are all collaborating in a scheme that is being developed by the industry and for the industry, which will deliver a truly robust standard with the buy-in of those that the industry relies upon to implement and support it.”

David Loosley, Secretary General & CEO of BIMCO, said: “Safety, of people, environment and assets is the primary focus of DryBMS, but the anticipated cascading effect is operational excellence which will benefit all stakeholders.

“We very much support this collaborative industry effort to develop a single standard and congratulate the efforts of RightShip and INTERCARGO in bringing this initiative to fruition.”

Guy Platten, Secretary General of International Chamber of Shipping, said: “We’re pleased to have worked closely with RightShip and INTERCARGO to bring this important new quality standard to the dry bulk sector. Shipping has, and always will, adhere to the highest possible standards and best practices.

“The introduction of DryBMS is yet another example of the industries continued efforts to raise the bar on safety, environmental impact and operational excellence.” 

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