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Thursday, December 14, 2017

Lost Time Indicator (LTI)

Benchmarking has long been recognised as an important tool for INTERTANKO as it strives for continuous improvement. With the aid of benchmarking our members are able to identify where improvement is required by understanding their performance relative to others in the industry.

In 2005, following the work of the Vetting Committee, INTERTANKO launched the Tanker Management and Self-Assessment (TMSA) Benchmarking Tool, which has been successfully used by almost a third of the membership.

In 2007, the Vetting Committee established, and INTERTANKO has also now set up the Lost Time Indicator (LTI) Benchmarking System in order to provide members with a useful tool for benchmarking their Lost Time Injury Frequency (LTIF) and Total Recordable Case Frequency (TRCF) against other INTERTANKO members in a confidential manner.

The Lost Time Indicator (LTI) Benchmarking system enables members to compare their Lost Time Injury Frequency (LTIF) as well as Total Recordable Case Frequency (TRCF), which have been described by the Oil Companies' International Marine Forum (OCIMF) in its Marine Injury Reporting Guidelines.

 

Once a member enters its data, the LTIF and TRCF are calculated, sorted from low to high and two bar graphs are generated. The averages of the pool are depicted with a dotted line.

 

This way of displaying the results enables members not only to know whether they are below or above average (dotted lines), but also to know their position vis-à-vis other members in the pool (i.e. ranking). A sample plot can be seen in Figure 1.

 

To participate in the Lost Time Indicator (LTI) Benchmarking System, a username and password are required, which can be obtained from the INTERTANKO Secretariat.

Disclaimer

© INTERTANKO. All documents, and image-files are property of INTERTANKO.

The use of the benchmarking database is subject to the following:

  • The content of the database is for your general information and use only. It is subject to change without notice.
  • The information is compiled by INTERTANKO and whilst we endeavour to keep it up to date and correct, neither we nor any third parties provide any warranty or guarantee of any kind, express or implied, as to the reliability, accuracy, timeliness, completeness or suitability of the information found or offered on the benchmarking database for any particular purpose. You acknowledge that such information and materials may contain inaccuracies or errors and we expressly exclude liability for any such inaccuracies or errors to the fullest extent permitted by law.

Your use of any information or materials on this website is entirely at your own risk and it shall be your own responsibility to ensure that any information available through the database meets your specific requirements.

The contents of the database are copyright of INTERTANKO. Any redistribution or reproduction of all or part of the contents in any form is prohibited save that the user may print or download to a local hard disk extracts for the user’s own use.

The benchmarking database and the use of it are governed by English Law. The English courts shall have exclusive jurisdiction over any disputes connected to or arising out of use of the benchmarking database.

Click HERE to access the Lost Time Indicator (LTI) Benchmarking System (note: link redirects you to a new window/website and members will need login details to access the INTERTANKO Benchmarking website).

Contact Vetting Committee:
Ajay Gour
Senior Manager, Chemical/Vetting

INTERTANKO London
Phone: + 44 (0) 20 7977 7017
Fax: + 44 (0) 20 7977 7011
Email: ajay.gour@intertanko.com

Contact LTI Database Administration:
Adele Robinson,
Assistant Manager, Marine

INTERTANKO London
Phone: + 44 (0) 20 7977 7010
Fax: + 44 (0) 20 7977 7011
Email: adele.robinson@intertanko.com

Fig. 1