Key Performance Indicators (KPIs) and Shipping Companies Performance Evaluation: The Case of Greek Tanker Shipping Companies

Konsta, Katerina; Plomaritou, Evi
May 2012
International Journal of Business & Management;May2012, Vol. 7 Issue 10, p142
Academic Journal
If you are not sure where you are, how will you find out where to go? The aim of this paper is to examine the applicability and usefulness of performance indicators in shipping management performance and evaluation. The paper brings the importance of KPIs closer to the reader and examines their definition, purpose and role in the shipping market. The first part is devoted to literature review on KPIs. The second part is the methodology, where a questionnaire is taken across the tanker shipping companies in Greece. The third part is the analysis of the questionnaire which showed that even though many Greek tanker enterprises recognize the benefits of performance indicators, a small percentage of them use some types of KPIs. The final part is the conclusion.


Related Articles

  • 2009 U.S. Merchant Marine and World Maritime Review. Kumar, Shashi // U.S. Naval Institute Proceedings;May2009, Vol. 135 Issue 5, p100 

    The article focuses on the global shipping industry in the year 2008. Every shipping market was affected by the economic slowdown in the world. Many famous shipping companies announced cutbacks and some of them discontinued their operations. The tanker industry maintained good profitability...

  • FINDING SAFE HARBOR. Helman, Christopher // Forbes Asia;Apr2012, Vol. 8 Issue 5, p24 

    The article presents a career profile of industrialist John Fredriksen, who is called the Viking King in the shipping industry. It informs that Fredriksen's public company Frontline Ltd. operates his oil tanker fleet, which is the biggest in the world. He is the world's 75th-richest person and...

  • Uloga ekoloÅ¡ke politike u pomorskom brodarstvu. Zelenika, Ratko; Fabac, Jasmina; Skender, Helga Pavlić; Zekić, Zdravko // Annals of Maritime Studies / Pomorski Zbornik;2011, Vol. 46 Issue 1, p61 

    The sea represents the source of health, economics and national safety to each and every country that has good fortune to be surrounded by it, and that has the possibility of exploitation. Nowadays, however, the sea is burdened with growing maritime traffic. Sea-ships are very important for the...

  • Modeling the Dry-Docking Cost - The Case of Tankers. Apostolidis, Agamemnon; Kokarakis, John; Merikas, Andreas // Journal of Ship Production & Design;Aug2012, Vol. 28 Issue 3, p134 

    Dry-docking is an integral part of a vessel's life. With a frequency of approximately 30 months, flag legislation and classification society rules bring the vessel to a shipyard's dry-dock for an intermediate or special survey. Dry-docking cost is a significant element of the ship's operating...

  • Steaming ahead on shipping deals. Sisson, Mary // Crain's New York Business;1/12/2004, Vol. 20 Issue 2, p4 

    The Manhattan-based shipping company General Maritime Corp. went public in mid-2001 at $18 per share and promptly headed for the bottom of the ocean, reaching depths below $5 a share in the fall of 2002. But since then, General Maritime has bobbed back up to the surface, propelled by astute...

  • Knightsbridge Breaks Out As Imports, Rates Improve. ALAN R. ELLIOTT // Investors Business Daily;6/5/2014, pB10 

    Shipping fleets posted healthy gains Wednesday, as U.S. imports climbed for the third time in four months and European regulators approved an alliance among three top European fleet operators.

  • Costly drama at sea.  // Caribbean Business;2/9/2012, Vol. 40 Issue 5, p20 

    The article comments on the increasing costs of running a shipping company in Puerto Rico and emphasizes that the shipping companies serving the local market have high operational costs.

  • Performance indicators in Swedish Health Care. Heurgren, Mona; Åberg, Anders; Köster, Max; Ljung, Rickad // BMC Health Services Research;2007 Supplement 1, Vol. 7, Special section p1 

    Summary Sweden has developed national performance indicators to measure quality and efficiency in Health Care. The indicators will be published on a yearly basis on a County Council level. Aims The aims are to: 1) Report on the achievement of the counties for the purpose of transparency and...

  • Annals of Occupational Hygiene Performance Indicators, 2009. Ogden, Trevor // Annals of Occupational Hygiene;Jun2010, Vol. 54 Issue 4, p367 

    The article lists the 2009 records of occupational hygiene performance indicators.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics