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Key Performance Indicators (KPIs), Shipping Marketing and Safety Orientation: The Case of Greek Tanker Shipping Companies

Author

Listed:
  • Evi Plomaritou

    (Lloyd’s Maritime Academy, 149 Tottenham Court Road, London, UK)

  • Katerina Konsta

    (Lloyd’s Maritime Academy, 149 Tottenham Court Road, London, UK)

Abstract

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 relationship between the KPIs and the shipping marketing as well as the usefulness of KPIs in shipping companies performance evaluation. The paper brings the importance of KPIs closer to the reader and examines their definition, purpose and role in the shipping company. The first part is devoted to literature review on KPIs. The second part examines the relationship among the KPIs, the shipping marketing and the safety orientation of tanker shipping companies. The third part includes the research methodology; since the tanker market is a safety oriented market, a questionnaire is taken across the tanker shipping companies in Greece. The third part is the analysis of the questionnaire which showed that KPIs improve the marketing planning, the customer relationships and the company’s competitiveness. The most important KPIs are safety, operational, technical, environmental, navigational, security and financial indicators. The final part is the conclusion.

Suggested Citation

  • Evi Plomaritou & Katerina Konsta, 2013. "Key Performance Indicators (KPIs), Shipping Marketing and Safety Orientation: The Case of Greek Tanker Shipping Companies," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 63(3-4), pages 83-101, July.
    • Handle: RePEc:spd:journl:v:63:y:2013:i:3-4:p:83-101
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    References listed on IDEAS

    as
    1. Photis M. Panayides, 2003. "Competitive strategies and organizational performance in ship management," Maritime Policy & Management, Taylor & Francis Journals, vol. 30(2), pages 123-140, January.
    2. Balaji S. Chakravarthy, 1986. "Measuring strategic performance," Strategic Management Journal, Wiley Blackwell, vol. 7(5), pages 437-458, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Key Performance Indicators; Shipping Companies Performance Evaluation; Shipping Marketing; Safety Orientation; Tanker Companies.;
    All these keywords.

    JEL classification:

    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise

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