RightShip relies on PSC information from many different sources as part of the vetting process, including PSC inspections from the last 12 months. This essentially means that someone is checking vessels’ certificates and compliance with regulations, so that we don’t have to.
In RightShip Qi, vessels that have been inspected by PSC have an advantage compared with those that haven’t – simply because someone has inspected them, which acts as a validation.
Performance at PSC inspections is used by the Qi algorithm at a vessel and DOC level.
The existence of PSC data in its current format is one of the reasons that we are able to automate vetting for bulkers in Qi – allowing the computer to do the heavy lifting when manual intervention will add little value. This is different in the tanker sector where physical inspections take place regardless of PSC inspections and their outcomes.