The Dry Bulk Centre of Excellence (DBCE) is pleased to announce that NorthStandard has joined as a stakeholder member, bringing the perspective and expertise of one of the world’s leading marine insurers to the DBCE community.
“NorthStandard’s involvement reflects our shared commitment to strengthening safety, operational resilience and best practice across the dry bulk sector, supporting DBCE’s mission to advance practical, consistent and measurable management standards.” – Michael Phoon, Managing Director – Dry Bulk Centre of Excellence
“Joining the Dry Bulk Centre of Excellence reflects NorthStandard’s commitment to safer, more sustainable shipping by advancing knowledge, sharing best practice, and supporting members through collective expertise.” – John Southam, Loss Prevention Director – NorthStandard
As a marine insurer working closely with shipowners, managers and operators worldwide, NorthStandard sees first-hand how strong management systems translate into safer ships, better-protected crews and more resilient operations. Their membership adds an important voice to the DBCE community – one that understands risk, and the value of preventing it.
NorthStandard’s membership will support the DBCE community in several important ways:
Wider adoption of DryBMS. NorthStandard’s engagement supports the continued adoption of the Dry Bulk Management Standard (DryBMS) as the industry’s framework for operational excellence – helping more companies move beyond compliance towards genuine, measurable improvement.
Greater opportunities for engagement. Membership expands the opportunities for DBCE members to connect and collaborate with leading organisations that share a commitment to continuous improvement and innovation across the sector.
A stronger exchange of best practice. With insurers seeing the outcomes of both strong and weak management practices across thousands of vessels, NorthStandard is well placed to contribute to the sharing of best practices and lessons learned across the industry.
The dry bulk sector is at its strongest when owners, managers, charterers, insurers and wider stakeholders pull in the same direction. NorthStandard’s membership is a further sign of that alignment – and of the growing recognition that raising standards is a shared responsibility, and a shared opportunity.
We look forward to working together to raise management standards and drive the wider adoption of DryBMS across dry bulk shipping.
