Page 8 - 2024 - Q4 - Minerva in Focus
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MINERVA IN FOCUS



         Headlines                                                              Interesting news
                                                                                from the maritime
                                                                                industry









          RightShip announces                                                   significant efforts for vessel preparation
                                                                                and crew training, challenges of aligning
          revised timeline for vessel                                           inspections for 10-year-old vessels with
                                                                                the Second Special Survey Dry Dock, and
          inspection age trigger                                                capacity to handle inspection volumes
                                                                                – RightShip has introduced the following
                                                                                updates:
          #Inspections                                                             •   Extended timeline with four
                                                                                      phases:  The  rollout  has  been
                                                                                      expanded to a four-phase imple-
          RightShip announced a revised timeline   tive dialogue with RightShip’s customers   mentation, giving vessel owners
          for implementing its vessel inspection age   and respected industry associations – in-  and operators more time to adjust
          trigger, reducing the inspection thresh-  cluding INTERCARGO, the International   budgets, train crew, and plan for
          old from 14 to 10 years through a four-  Chamber of Shipping (ICS), and the Union   inspections. All vessels now have
          phased approach. This update reflects   of Greek Shipowners, whose membership   at least 12 months' notice from
          extensive industry engagement and un-  represents a substantial portion of the glob-  the initial announcement before
          derscores RightShip’s commitment to a   al dry bulk and general cargo fleet – has   Safety Score impacts take effect.
          collaborative approach that balances the   been instrumental in refining the approach   This  phased  approach  also  al-
          needs of working toward enhanced safety   to align with operational realities while re-  lows RightShip to accredit addi-
          with practical considerations for the mari-  inforcing our shared commitment to safety.  tional inspectors.
          time community.                    In response to industry concerns – in-  •   Alignment with dry dock:  For
          The initial announcement of the inspection   cluding the need for more time to nego-  Phase 4, inspections for vessels
          age trigger in October 2024 garnered valu-  tiate budgets with vessel owners, adjust   aged 10 years will now align with
          able feedback from stakeholders. Construc-  office staffing to manage inspections,   the Second Special Survey Dry
                                                                                      Dock, with a three-month buffer
                                                                                      post-completion before inspection
                                                                                      requirements take effect.
                                                                                To ensure a smooth transition, RightShip
                                                                                has also introduced:
                                                                                   •   Flexibility in scheduling: A three-
                                                                                      month window between inspection
                                                                                      requirements in vets and Safety
                                                                                      Score applicability aims to stag-
                                                                                      ger inspection volumes and reduce
                                                                                      operational pressures.
                                                                                   •   Increased inspector capacity:
                                                                                      Rightship aims to achieve a 90%
                                                                                      increase in accredited inspectors
                                                                                      by October 2025 to meet demand
                                                                                      while maintaining inspection qual-
                                                                                      ity.
                                                                                   •   Early inspection incentive: Ves-
                                                                                      sels built after 1 October 2011 that
                                                                                      complete  inspections  between
                                                                                      January and June 2025 are eligible
                                                                                      for a $1,000 inspection fee credit,
                                                                                      encouraging early participation and
                                                                                      reducing peak inspection volumes.
                                                                                Source: RightShip


          6                                                                                 ISSUE 30 / Q4 2024
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