RightShip lowers vessel inspection age

This new policy – which will bring forward the date of inspections – reflects consistent customer feedback advocating for earlier inspections.

“Our decision to lower the inspection age reflects the desire from stakeholders for more physical inspections of vessels to counter challenges the dry sector faces in achieving operational excellence,” explained Christopher Saunders, chief maritime officer at RightShip.

“This change reflects our commitment to raising safety standards globally and comes at a critical time as the global dry bulk fleet now averages 14.7 years in age and will continue to rise.”

The updated policy will be implemented in two phases, beginning on 31 March 2025.

Phase 1 will lower the inspection age trigger for dry bulk and general cargo vessels from 14 years to 12 years, necessitating annual RightShip inspections thereafter.

Phase 2, set for 2026, will further reduce the age threshold, requiring inspections for vessels aged 10 years or older. Additionally, vessels under 8,000 DWT will also be subject to these inspections.

This decision is driven by evidence showing the risks associated with ageing vessels. According to Rightship data, the dry bulk sector has the highest incident ratio at 1.49%, along with a troubling 0.42% fatality ratio.

RightShip’s analysis reveals a strong correlation between vessel age and increased safety risks, particularly after reaching 10 years. This trend is evident not only in bulk carriers but also in general cargo vessels, signalling a broader issue within maritime safety that the organisation says it is committed to addressing.

“Our commitment to safety and crew welfare is evident in our proactive standard-setting and advocacy for stronger safety measures,” said Steen Lund, chief executive of RightShip.

“The data and insights gathered from our inspections are crucial in enhancing the vetting process, providing charterers with a clearer understanding of a vessel’s condition and performance and supporting ship owners and managers in their efforts to enhance safety across their fleets.”