Tag: risk assessment

Allianz Safety and Shipping Review report highlights that fire is the second top cause of loss over the past year with 8 vessels lost and more than 200 incidents reported – the highest for a decade.

Edward X. McNamara, President & CEO of Armada Risk Partners, a Cleveland-based insurance broker, notes that, in the post-covid era, the insurance industry is more complex and risk averse than ever. Armada insures ports worldwide from an increasing number of risks such as extreme weather, ship collisions with port infrastructure and cyber attack.

Burning and welding are among activities most likely to produce fire on board. Many fire incidents have resulted from the ignition of combustible materials or the ignition of structures or debris near the hot work area. However, these activities can be performed safely, if proper precautions are taken both before and during such work.

In a number of industries there is a sense that you cannot address everything at the same time. This has resulted in a number of organizations identifying their ‘Ten Most Wanted’ list of accidents or factors to reduce, or of safety improvements to implement, the EU-funded SAFEMODE project highlights.

As AMSA informs, on 6 November 2021, while enroute, a passenger charter vessel’s inadequately secured swim platform gate opened when a passenger and toddler leant against it causing the two passengers to fall into the water. 

Fairness, transparency and cooperation are the main drivers in a collaborative project by the International Salvage Union and the P&I Clubs to work with BIMCO to update industry-standard wreck removal agreements.

‘Together in Safety initiated the “Future Fuels Risk Assessment”, a cross-industry study with nine partners to evaluate potential operational risks of LNG, methanol, hydrogen and ammonia.

Following an extreme weather event with a Mobile Offshore Drilling Unit (MODU) conducting well operations in the Gulf of Mexico, USCG and BSEE issued a joint Safety Alert to share lessons learned and highlight to operators the importance of suspending all well operations and crew changes safely when  extreme weather plans are initiated.

A continuous risk assessment is vital to address possible risks related to ships performance in which many factors are taken into account in order to ensure the safety of crew, cargo and environment.

Every Ship Manager aims for the smoothest PSC inspection in order to avoid unnecessary costs and delays and protect Company from any reputational damage caused from a poor PSC performance.