PI006 | Average number of officers employed V4.0

Performance Indicator

This PI is used to measure the average number of officers employed in the Company.

Definition

This is the average number of officers having been under contract with the ship manager (DOC) during the last two years.

Average number of officers employed in the period is found by adding the highest number of officers under contract at any time during the last two years to the lowest number of officers under contract at any time during the last two years and divide by 2.

Unit

OFFICERS

Scope

Reported for the whole fleet and given to any DOC Holders for their individual PI reporting

Calculation period

Captured and reported on a quarterly basis

References

This Performance Indicator - PI006 - is used by the following Key Performance Indicators

KPI022

Officer retention rate

PI006	Average number of officers employed
PI016	Number of beneficial officer terminations
PI041	Number of officer terminations from whatever cause
PI056	Number of unavoidable officer terminations

Example

Q3 2025
Beginning tracking date is 01/07/2018
Last Tracking Date is 30/09/2018
Minimum number of Officers at any given date during this period: 225
Maximum number of Officers at any given date during this period: 275
Average number of officers employed= (225+275)/2=250

External references

OCIMF’s officer retention rate as defined in Tanker Management Self-Assessment.