Applicability: Owners and operators of vessels trading to the Paris MOU and Tokyo MOU regions

Please note: this Class News is a reissue and replaces the version sent yesterday (Tuesday 4 February). It has been amended to clarify that the company performance data is published by EMSA and not by the Paris MOU.

As of 1 January, 2014, the European Maritime Safety Agency (EMSA) is publishing the following company performance data on the Thetis database:

  • the list of companies whose performance has been very low for a continuous period of 36 months
  • the list of companies whose performance has been low or very low for a continuous period of 36 months
  • the list of companies whose performance has been low for a continuous period of 36 months.

This information will be updated daily and is a requirement of the EU Directive on Port State Control. EMSA publishes this information on behalf of the EC.

About company performance

Company performance is calculated by the Paris and Tokyo MOUs as part of their New Inspection Regimes (NIRs), established in January 2011 and January 2014 respectively. These are risk-based targeting mechanisms which reward quality shipping with a smaller inspection burden and concentrate on high-risk ships, which are subject to more in-depth and frequent inspections. The NIRs use company performance data to identify the risk profile of ships, as well as the Voluntary IMO Member State Audit Scheme and the performance of the flag state and recognised organisation. The past inspection record of the ship as well as its age and type has an influence on the targeting.

The Paris and Tokyo MOUs have established a formula for calculating company performance which takes into consideration the deficiencies and detentions of the company’s fleet in the previous 36 months, based on the IMO company number, and compares the data to the average for all vessels inspected in their respective regions to determine the performance level. Companies are ranked into very low, low, medium and high-risk categories.

Any ‘refusal of access’ (banning order) imposed by Paris MOU on a vessel has a negative impact on the ranking of the company.

For further information 

Speak to one of our experts at your local Lloyd's Register office.