BCG's Shipping Benchmark Initiative

Why Participate in SBI?

Participating in one or all the 6 benchmarks in BCG’s Shipping Benchmark Initiative reveals where you lead, where you lag, and where opportunities lie—from vessel operating expenditures to organizational efficiency.

1. Improve your company’s competitiveness. When used individually or in concert, the six benchmarks within SBI deliver an in-depth review of your cost performance relative to comparable benchmarking participants and self-selected peers. 

   SBI measures 21 cost categories, as well as quality metrics that span vessel classes, age groups, trading areas, and other critical categories. SBI taps real market data to identify potential savings in each cost category and vessel class. Intrafleet benchmarkting makes it possible to identify any unusual cost deviations.

2. Learn best practices in the shipping industry. Staffing, crew management, procurement, and technical efficiency are essential to securing competitive advantage. By participating in SBI, you are able to compare management practices on various KPIs against those of other participants and peer companies.

3. Keep up with the latest trends in the industry. BCG draws on the SBI database to identify cost trends as well as correlations across cost and quality—and we share the deep knowledge we gain from our analyses. 

   Receive regular briefings from BCG experts on the industry’s latest trends and news, including preliminary suggestions on how to meet emergent challenges.

4. Educate your stakeholders about your value. It’s easier to prove your value when you can prove your worth with SBI’s OPEX and quality metrics. The objectivity and precision of BCG’s independent evaluation will speak volumes.