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INTERTANKO and Veson Nautical launch modernized Q88 Questionnaire
Version 6 of the tanker industry standard questionnaire will help charterers and owners share data, speed up the vetting process and ensure smarter pre-fixture decision making
About INTERTANKO
INTERTANKO is the International Association of Independent Tanker Owners, a forum where the industry meets, policies are discussed and best practices developed. INTERTANKO has been the voice of independent tanker owners since 1970, ensuring that the liquid energy that keeps the world turning is shipped safely, responsibly and competitively.
About Veson Nautical
Veson Nautical delivers maritime freight management solutions that propel the global shipping economy. Trusted by buyers and sellers of bulk marine freight in every region of the world, Veson solutions are responsible for managing $109 billion in freight traded and moving 4.4 billion tons in annual trade each year.
With a suite of offerings in marine contract management, vessel document management, and data analytics, Veson’s products are widely recognized for their strong utility, sustained innovation, and measurable business impact.
More than a provider of solutions, Veson is a champion of progress that actively supports its clients, partners, and broader community in navigating change while shaping the best practice workflows and standards of tomorrow’s connected maritime shipping ecosystem.
28th February 2024, London, UK and Boston, MA – INTERTANKO, the International Association of Independent Tanker Owners, and Veson Nautical (Veson), the global market leader of maritime freight management solutions, today announce the launch of Version 6 of the Q88 Questionnaire for tankers, by adding innovations to the data submission process and questionnaire layout, while also expanding its criteria to cover frequently requested safety and sustainability information.
By improving the questionnaire format and standardizing the data entry processes, charter parties can share common data requirements through one form with the aim to facilitate faster trades, lessen repetitive tasks when a vessel is put up for hire, and move the industry forward on key issues such as reducing carbon emissions and increasing operational safety standards in the tanker trade.
Vessel owners and operators are frequently asked to supply additional data to charterers as part of their commercial and vetting criteria in line with IMO, national and regional regulations. This data was not included in Version 5 of the Q88, meaning many charterers would have to make additional requests for Information (RFIs) to owners / managers, sometimes adding days to vetting requests and delaying fixtures.
Users of the Questionnaire 88 will now be asked to provide input on their vessel’s GHG performance data, scrubbers, ballast water treatment systems, energy and consumption ratings, and NoX emissions compliance data.
This revision is the work of a collaborative effort between the Q88 group at Veson Nautical and the INTERTANKO Vetting Committee, Q88 Working Group chaired by Captain Ashley Cooper, Group Marine Director, Scorpio Ship Management S.A.M.
Capt Ashley Cooper, said, “Q88 remains the industry leading questionnaire for commercial fixtures. With the transition to SIRE 2.0, and the adoption of new technology, the need was felt to modernize the questionnaire. The latest revision includes information based on current developments in shipping that will assist in expediting the vessel acceptance process.”
Tor-Arne Berger, Senior Product Manager at Veson Nautical said, “The revision incorporates suggestions from subscribers to Q88, industry partners and changes from the HVPQ 6. The questionnaire includes new questions surrounding Emission Compliance and Ballast Water Treatment Systems.”
Q88 continues to be the industry standard chartering questionnaire for tanker information used for commercial vetting purposes since it was first issued in 1988. It was developed by INTERTANKO and Q88 with the purpose of increasing safety standards and assessing a vessel’s suitability as part of a robust tanker vetting program. Now in its 6th version, Q88 is used by over 1,000 tanker owners, technical managers and charterers and brokers globally.
To harness the benefits of the new questionnaire, INTERTANKO and Veson urge owners/operators to verify that their vessel data is accurate, complete and up to date.