Lost Time Indicator (LTI) Benchmarking System – Update on usage

Further to the launch of the Lost Time Indicator (LTI) Benchmarking System, we are pleased to report that, after two months of operation, the system now has 35 data entries of INTERTANKO member companies, and a further 39 users who have received access to the system in order to participate.

 

The 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 above or below 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. 

 

 

 

We would like to urge our members, who have not done so already, to join the LTI pool.

 

To participate in the Lost Time Indicator (LTI) Benchmarking System, a username and password (separate from the INTERTANKO Website access details) are required, which can be obtained from chantal@intertanko.com.

 

The Tanker Management and Self-Assessment (TMSA) Benchmarking System can be found here.

 

Contact: Howard Snaith / Chantal Cheung Tam He