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Thursday, January 21, 2021 

Maritime due diligence agency RightShip and dry bulk shipping trade association Intercargo have launched a new quality standard for the dry bulk sector, DryBMS, which will be governed by a new NGO to be established later this year to support the improvement of safety in the dry bulk segment.

Both RightShip and Intercargo have strongly and consistently advocated the need for significant improvements to dry bulk safety standards. In August 2020 both organisations 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 is said to raise the bar on safety, environmental and operational excellence.

RightShip CEO Steen Lund said: “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 said: “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.”

The final draft version of the standard is now available to download on the DryBMS website, and the team will continue to review feedback.

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