Most frequent questions and answers
Maritime Risk Management involves in depth analysis to identify assess and leverage risk scores across assets ( Human and equipment) to ensure sea safety and efficiency for ships and ancillary services. 

Common risks in the marine industry include

  • Weather and Natural Disasters: Such as storms, hurricanes, and tsunamis, can pose significant threats to vessels and crew.
  • Navigation Hazards: Including collisions with other ships, icebergs, or submerged objects, can result in accidents and damage.
  • Piracy and Security: Threats from piracy and terrorism can endanger crew and cargo, particularly in high-risk regions.
  • Environmental Regulations: Compliance with strict environmental regulations and potential fines for pollution or non-compliance are ongoing concerns.
  • Machinery Risks which includes operational risks posed by equipment and machinery.


Marine Risk Management can reduce environmental impacts by implementing pollution control measures, promoting safe navigation to prevent accidents, ensuring regulatory compliance, and conducting continuous monitoring of vessel activities to address potential environmental risks promptly.

To improve Marine Risk Management in your organization:

  • Enhance Training: Invest in training programs for staff to boost their risk awareness and response skills.
  • Regular Audits: Conduct frequent audits of safety protocols, equipment, and compliance with regulations.
  • Data and Safety Analytics: Utilize advanced data analytics and Risk management solutions to identify and mitigate emerging risks.
  • Stakeholder Collaboration: Foster collaboration with industry peers, regulatory authorities, and environmental groups to share best practices and enhance risk management strategies.