KPI004 | Cargo related incidents V4.0

Key Performance Indicator

This KPI expresses the company’s ability to contribute to incidents-free cargo operations and carriage.

Interpretation	It is the number of incidents related to Cargo during carriage and cargo operations recorded in the company's internal incidents reports, the details of which is found in PI018.
Notes	1. The number of cargo related incidents are not related to the number of port calls 2. This KPI uses only one PI.
Unit	Number of cargo related incidents
Scope	Ship level
Calculation period	Quarterly

Formula

[formula]KPI004 = PI018[/formula]

PI018

Number of cargo related incidents

Ranking calculation example

Step 1: Calculate KPI value

PI018	Number of cargo related incidents	= 1
[formula] KPI004_{Value} [/formula]	[formula] = PI018 [/formula]	[formula] = 1 [/formula]

Step 2: Calculate percentile rank by comparing KPI value against other ships with the same criteria. We assume that another 99 (100 in total) participate in the ranking with the same criteria and our ship has position 33 and you are the only ship in that rank.

Step 3: Calculate the percentile rank by capturing the count of all participant below your rank (cl). The frequency of ships in your same rank (fi). The total number of ships in the ranking segment (N).

[formula] KPI004_{Percentile Ranking} = \frac{cl+05*fi}{N} * 100 = \frac{67+0.5*1}{100} * 100 = 67.50 [/formula]

Interpretation: Based on the above example, we could say that, when it comes to KPI004 Cargo related incidents, this ship belongs in the 67.50th percentile of the ships that are being compared with based on its ranking criteria in the respective quarter.