Masterbulk has adopted rigorous safety standards, seeing this as a basic requirement to meet our clients’ needs.
We achieved industry best practice safety standards in 2013, with our Lost Time Incident Frequency (LTIF) reaching a new low of 1.04, below INTERTANKO’s industry benchmark of 1.14. These LTIF rates have maintained a steady decline over the last three years, and an ongoing programme is in place to maintain and further improve this level of performance.
Rightship is the world’s leading third-party ship vetting agency with online real-time data on over 70,000 vessels.
As of 1 July 2015, Masterbulk’s RightShip (http://site.rightship.com/) fleet average score reached a new high of 4.95 (out of a possible 5.00), with 80% of vessels rated 5 Star, and 20% rated 4 Star.
At the same time Masterbulk has continued to maintain a record of zero fatalities since it started business in 1996.