Australia is an area with high rate of dry cargo trading conducted by Capesize bulk carriers which are large-sized bulk carriers typically above 100,000 deadweight tonnage (DWT). Such ships cannot transit the Panama Canal and hence, the way from Atlantic to Indian & Pacific is conducted via the Cape of Good Hope. Capesize ships are mainly used for the transportation of coal, iron ore and commodity raw materials.

• Global Benchmarks for CY 2022 for capes: DPI=1.21 and DER=1.96%
• Most of Capesize calling Australian ports have PSC KPIs (DPI & DER) higher than global average
• The Ship Inspection Ratio (SIR) of ships is rather high, compared with rest of the world (where the maximum is near to 5%)
• More than 20% of capsize managers calling Australian Ports are inspected (at least once), and in some cases (Dampier, Port Hedland) up to 40% of the managers are inspected.

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