Further reflecting the progress that has been made in reducing the danger of piracy off the east coast of Africa and into the Indian Ocean, the shipping industry plans to formally end the “High Risk Area,” designation as of the first of the year. While a level of risk remains, they highlight that there have been no boardings in nearly four years with the last reports coming in 2019 of pirates being scared away by EU forces after menacing a vessel near the Horn of Africa.

The official notification of the plan to end the designation was submitted to the International Maritime Organization, today, August 22, to be reviewed and approved at the next meeting of the Maritime Safety Committee scheduled to start on October 31. 2022. The decision to end the designation was made by the International Chamber of Shipping, BIMCO, International Marine Contractors Association, INTERCARGO, INTERTANKO, and the Oil Companies International Marine Forum.

“This announcement is a testament to nearly 15 years of dedicated collaboration to reduce the threat of piracy in the Indian Ocean. Through a combination of efforts by military, political, civil society, and the shipping industry over the years, operators and seafarers are now able to operate with increased confidence in these waters,” the groups said in their joint statement to the IMO.

The designation of the region as a High Risk Area began in 2010 near the peak of the attacks on ships near the Horn of Africa. Two years earlier, the Council of the European Union adopted an action plan based on UN resolutions, to establish the executive EU military maritime operation for Somalia. Known as Operation ATALANTA, the mission was the deterrence, prevention, and repression of acts of piracy and armed robbery off the Somali coast.

At the height of Somali piracy in January 2011, EU Naval Force – Somalia reports there were 736 hostages and 32 ships being held by pirates. The combined efforts contributed to a reduction in activity so that two years later they were able to report that there had been no successful hijackings of a commercial vessel and the last confirmed attack on a vessel came in 2018. EU NavFor reported that it chased away a small boat in 2019 but Iran has continued to report that its navy has intervened in recent attacks. The EU mission was extended in 2020 to continue to patrol the waters and specifically to protect commercial ships in the World Food Program and others that might be vulnerable to attack. EU NavFor’s mandate is currently scheduled to end on December 31, 2022.

The removal of the HRA reflects a significantly improved piracy situation in the region, said the organizations. A year ago, they had reduced the size of the designated region, but they said today the end of the designation would not come till year’s end allowing charterers, shipowners, and operators time to adapt to the changed threat from piracy. The groups continue to warn, however, that threat and risk assessments should still be carried out and ships are still encouraged to report to the UKMTO and register with the Maritime Security Centre for the Horn of Africa under the Voluntary Reporting Area administered by UKMTO.

Late in 2021, the UN Security Council began efforts to scale back and end the international programs in the region. As late as March 2022, the EU expressed, however, concern over ending the program while there remains political unrest in Somalia.
Source: https://www.maritime-executive.com/article/indian-ocean-high-risk-designation-to-be-withdrawn-at-end-of-2022

 

CREWEXPRESS STCW REST HOURS SOFTWARE - Paris and Tokyo MoU have announced that they will jointly launch a new Concentrated Inspection Campaign (CIC) on Standards of Training, Certification and Watchkeeping for Seafarers (STCW) from 1st September 2022 to 30th November 2022


RGST, which operates the largest terminal facility in Saudi Arabia at Jeddah Islamic Port, was selected by Bangladesh’s Ministry of Transport.

The Port of Chittagong, recently renamed as Chattogram, handled a record 3.2m teu in 2021, and is the busiest port in the Bay of Bengal, serving as gateway for 90% of Bangladesh’s import and export ocean cargo. The majority of import shipments are destined for the capital, Dhaka, 265 km (165 miles) away.

“The port also serves as the main gateway for Bangladesh’s fast-growing exports including its garments trade, one of the largest globally. The new facility, being built by the Bangladeshi government, will feature a 600 metre quay and will be able to handle three vessels simultaneously, augmenting the ship handling capacity at Chattogram port,” an RSGT statement said.

In 2017, the Government of Bangladesh adopted a “Policy for Implementing Private-Public Partnerships (PPP) Projects through Government-to-Government Partnerships (G2G)”, RSGT said. In February, the Bangladeshi Ministry of Shipping proposed a plan for the development of PCT based on the PPP model to the Saudi government which in turn nominated RSGT as the Saudi investor.

“We are extremely pleased to have been selected for this opportunity. The rapid growth of hittagong Port’s cargo volumes necessitates further investment in modern equipment, advanced technology and building new human capacity,” said RSGT’s director of global investments, Gagan Seksaria.

“This project fits well with Red Sea Gateway Terminal’s competencies and its expansion strategy for emerging markets. We are very confident that, through this investment, we will be able to contribute significantly to Bangladesh’s fast-growing trade and economy.”

A 2019 study by the Asian Development Bank (ADB) into loan assistance it had provided to Chittagong Port Authority’s development plans found that the port’s strategic location made it an appropriate alternative to other ports in the region.

“Much work still needs to be done before the full potential of Chittagong Port’s gateway function for third-country trade… can materialise. The project’s envisaged outcome of increased container capacity was achieved,” it said.

“However, the project’s enhanced facilities were not able to accommodate the boom in international trade. Chittagong Port is still beset with lingering congestion problems and the new facilities have not been able to keep abreast with the growing demand for port services.”

In 2021, RSGT announced the sale of a 40% equity stake worth $280m to China’s Cosco Shipping Ports Limited (CSPL) and Saudi Arabia’s Public Investment Fund (PIF). “Working closely with PIF and CSPL, we will accelerate our shared vision, further strengthen our customer offering, and elevate our mandate to meet the increasing demand for terminal and logistics services,” Jens O. Floe, CEO of RSGT, said.

Source: https://www.seatrade-maritime.com/ports/red-sea-gateway-wins-port-terminal-expansion-project-bangladesh

 


As many will already know, S-100 is the new International Hydrographic Organization (IHO) Universal Hydrographic Data Model. Profiled from the ISO 19100 series of Geographic Information Standards and a much broader foundation to eventually replace the existing IHO S-57 standard, S-100 has been designed to quickly and easily be extended to better accommodate digital hydrographic data exchange and other future technological and navigational developments.

S-100 now supports imagery and gridded data, high-density bathymetry, and dynamic under keel clearance management in ECDIS, in addition to many other maritime data applications. Thanks to this, the standard will enrich the next generation of data products for hydrographic, maritime shipping, and geographic information system communities.

In a navigation context, S-100 will enable improved safety of life at sea functions and promote enhanced situational awareness through the provision of a richer granularity of bathymetric data, in combination with tidal height data, which will dynamically adjust depth in ECDIS. From a navigational perspective, what this means is that numerous different digital data sets and overlays will be available to bridge teams to enhance all stages of the passage planning and execution process.

In the future, digital layers will replace multiple nautical publications, which in combination with weather forecasting will support enhanced passage optimization and Just-In-Time arrival. Whilst S-100 in its current guise is designed for humans to read and interpret on an ECDIS, because S-100 standards are fully extensible it can accommodate future requirements that may arise through developments in Maritime Autonomous Surface Ships (MASS).

The future digital data products being designed for MASS will look very different from those used today in ECDIS, as ENC data is very deliberately designed, filtered, and managed to avoid overwhelming the user with too much information. This helps to give the mariner only the correct information needed to support safe navigation decisions. However, in the future, MASS systems will be capable of handling very large, complex data sets which are not intended for mariners and other end users to visually interpret. This will present new, and exciting, challenges linked to data formats and delivery of new MASS navigation products.

Steering the development of the S-100 standard for MASS

Through our work with the MASS community, the UK Hydrographic Office (UKHO) recognised the need to ensure that the S-100 standard caters for both crewed and uncrewed shipping so a common situational awareness and navigation picture can be used across both types of vessel.

We presented this case to understand the requirements for MASS navigation to the IHO. The organization has established a Project Team with a two-year remit to identify and prioritize MASS navigation requirements, analyze the impact on the S-100 hydrographic standards and services, and develop a set of recommendations to be addressed by existing Working Groups.

Chaired by the UKHO, the Project Team has membership from Brazil, Canada, China, Denmark, Finland, France, Iran, Japan, Norway, Rep of Korea, Sweden, UK, US, Singapore & Malta. The Project Team has concluded a discovery phase which involved engaging with MASS builders, operators, and system integrators around the globe to understand the challenges the industry face with navigation from a traditional product or service perspective. This resulted in 45 new requirements for MASS navigation that will now be examined against each S-100 standard to identify if the requirement has been met in the development of S-100, or if there is a gap in the individual standards. If gaps are identified, the project team will make a number of recommendations to the relevant Working Groups to address the gap, thereby future proofing S-100 for MASS navigation.

Mayflower Autonomous Ship – practical application of S-100 for MASS

As part of its work investigating MASS navigation requirements and specifically how S-100 may address them, the UKHO has been working closely with Marine AI, the team that built the navigation systems used in the Mayflower Autonomous Ship project based in Plymouth, UK.

When Mayflower set sail across the Atlantic on 28 April 2022, the vessel navigated out of Plymouth Sound using UKHO S-100 data, a world-first for a fully autonomous vessel and S-100. We then conducted experiments to look at how S-101 (ENC), S-102 (gridded bathymetry), S-104 (gridded surface water levels), and S-111 (gridded surface currents) could be used to safely sail an autonomous vessel.

The S-100 data was loaded into the Mayflower’s chart data server, which allows the autonomy modules to extract relevant information and make navigation decisions. The combined S-102 and S-104 data allowed the Mayflower to easily obtain temporal-based water depth information and generate ‘no go’ areas. The S-111 data proved essential in restricted and dynamic water space, such as the Cattewater and the narrows leading into the river Tamar. Overall, the S-100 data sets increased reliability and data quality – specifically related to depth sampling – and resulted in significant computational cost savings using S-101 over S-57.

The bigger picture

As a complete series, S-100 promises to bring new opportunities for day-to-day shipping operations, generating the potential for safer, more sustainable, and more prosperous trade. At the same time, more accurate, harmonious data will improve decision-making in passage planning, vessel operations, and support, and overall ‘smart steaming’ by taking advantage of prevailing conditions such as tides, weather, and port infrastructure – including the availability and readiness of berths, pilots, and tugs. This is how S-100 will enable more refined voyage optimization and Just-In-Time arrival, playing a pivotal role in supporting global shipping decarbonization goals.

These exciting advancements in S-100 will be instrumental in improving marine navigational data and the products and solutions that shipping companies, mariners, and ports will use in their operations in the future.

Source: https://maritime-executive.com/features/data-standard-brings-enhanced-safety-and-commercial-opportunities

 


SAFEEN Marine Services, part of AD Ports Group’s Maritime Cluster, announced today it has marked more than 5 million man-hours with Zero Lost Time Injuries (LTI) and zero environmental incidents since its launch in 2012.

Operating in nine commercial ports in the UAE and the Middle East, SAFEEN Marine Services extends HSE policy across a comprehensive portfolio of integrated and tailor-made marine services and solutions, which include towage, quayside-support services, emergency response, vessel assistance, inspections, and shipping maintenance.

Captain Adil Alhammadi, CEO of SAFEEN Marine Services, AD Ports Group said: “We are proud to announce our success in achieving 5 million man-hours with Zero Lost Time Injuries and zero environmental incidents, highlighting our commitment to AD Ports Group’s robust Health, Safety and Environment (HSE) practices that have been cultivated from the highest industry standards.
“We have achieved this remarkable feat by promoting a safety culture across the organisation that comprises progressive HSE policy updates, regular audits, emergency drills, and regular in-house safety and training programmes to promote the wellbeing of our employees whilst maintaining a seamless supply chain network for our customers.”

SAFEEN Marine Services’ commitment to HSE has been celebrated by the industry’s most acclaimed awards and recognitions including the recent 2021 Stevie Business Awards. In addition, the company’s fleet of tugboats, speedboats, and vessels are revered as the most efficient and sophisticated units both regionally and globally, leveraging state-of-the-art technologies that keep energy consumption and emissions to a minimum.

Overseen by more than 200 high professional marine experts, SAFEEN Marine Services’ fleet is today one of the largest and most sophisticated fleets operating within the region, comprising tugboats, pilot and speed boats, maintenance vessels, landing craft and ferries.

Source: https://www.seanews.co.uk/shipping-news/safeen-marine-services-marks-5-million-man-hours-with-zero-lost-time-injuries-or-environmental-incidents/

 


Jurong Port, Mitsubishi Heavy Industries Asia Pacific (MHI-AP), a subsidiary of Mitsubishi Heavy Industries, and JERA Asia, a subsidiary of JERA, August 19 concluded a Memorandum of Understanding (MoU) to jointly explore establishing a 100% ammonia direct combustion power plant on Jurong Island, Singapore, which houses the country’s chemical and energy industries.

Under the MoU, a joint study will be conducted, where a 60MW class gas turbine combined cycle plant fueled by 100% ammonia is planned to be set up to produce carbon-neutral electricity, as well as stimulate ammonia demand to be ready for ammonia bunkering in future.

This MoU builds upon an initial agreement between Jurong Port and MHI-AP signed in August 2021 for a pre-feasibility study on ammonia direct combustion technology for green power generation, which was concluded successfully in March 2022.

In February this year, the Singapore government raised its climate ambition to achieve net-zero CO2 emissions by or around 2050. This project is in alignment with the overall national decarbonization goals, as it aims to utilize ammonia – which can efficiently transport and store hydrogen in a liquid state at low cost – as a fuel to generate carbon-free electricity, and as the main bunkering fuel in future to decarbonize the maritime sector. The MoU will hence explore the viability and commercialization of ammonia for these purposes.

Ooi Boon Hoe, Chief Executive Officer, Jurong Port, said: “We feel this MoU could help pave the way for encouraging the adoption of hydrogen in Singapore through aggregation of demand across multiple sectors, mainly the power sector and the maritime sector, thereby addressing the chicken-and-egg conundrum of infrastructure versus demand needs for maritime and domestic power generation.

“This collaboration is certainly consistent with the spirit of reinforcing Singapore’s premier bunkering hub status – for current, transition and future fuels.”

Osamu Ono, Managing Director, MHI-AP, said: “Ammonia, which consists of hydrogen and nitrogen, is a highly efficient hydrogen carrier and can be directly combusted as a carbon neutral fuel, thereby contributing to the establishment of a robust hydrogen value chain.

“At MHI, we believe that ammonia and hydrogen are key fuels that can help countries meet their net zero goals, and this MoU is an exciting opportunity for us to contribute our technology and expertise to achieve sustainable development in Singapore and subsequently realize the global sustainability agenda.”

Toshiro Kudama, Chief Executive Officer, JERA Asia, said: “JERA is committed to providing cutting edge solutions to the world’s energy issues and is actively working to strengthen both the ammonia and hydrogen value chains. We believe this MoU offers a unique opportunity to support Singapore’s decarbonization efforts while advancing the ammonia technology development for carbon neutral power generation.

“Through initiatives like this, JERA will leverage its experience and capabilities to help countries to reach their net-zero CO2 emissions targets and to build a clean energy supply chain in the region.”

Source: https://maritimefairtrade.org/jurong-port-signs-mou-to-set-up-ammonia-direct-combustion-power-plant/

 


Russia’s invasion of Ukraine continues to have repercussions in the Baltic. Already, Finland and Sweden have sought to join NATO. Now, long-time NATO member Denmark is planning to invest up to DKK 40 billion (about $5.4 billion) in naval shipbuilding and new warships.

“With Russia’s attack on Ukraine and the new European security situation, it is more important than ever that Denmark is able to defend itself. Here, security of supply plays a decisive role. It is crucial that the armed forces can obtain the material which is absolutely central to ensuring a strong Danish defense. This applies not least at sea, where Denmark is one of the world’s largest maritime nations,” said Defense Minister Morten Bødskov last week as he announced a new national partnership, charged with coming up with recommendations on how Danish industry can respond to the need.

“Within the next few years, the defense forces will have to replace a large number of ships. This means purchases in the region of DKK 40 billion. The new partnership will make recommendations so that the Danish maritime defense industry can share in these investments. For the benefit of the Danish defense industry, Danish jobs and not least for Denmark’s security,” said Bødkov.

The Minister of Defense has appointed Anne H. Steffensen, managing director of the Danish Shipowners Association (Danske Rederier) as chairman of the partnership.

“We are a large maritime nation with a strong maritime industry both by virtue of our civilian merchant fleet and our navy, which have always had a close interaction,” said Steffensen. “In the coming years, we must strengthen the navy, as a crucial part of Denmark’s defense. A close public-private partnership is the right way to go. In Denmark, we have many competencies that can and must be used when new ships are to be developed and built. As chairman of the new partnership, I look forward to making recommendations on how we can best and on reasonable terms support the needs of the Armed Forces in the maritime area.”

Two of the objectives of the partnership make it clear that beefing up Denmark’s naval shipbuilding capabilities and capacity will be a key part of the strategy.

According to the Ministry of Defense:

  • The new, national partnership for the maritime area must ensure coordination across the state, industry, professional organizations and financial institutions. This applies, among other things, to the work to strengthen Denmark’s national shipbuilding capacity.
  • The partnership must prepare an analysis that results in concrete recommendations on how to best nationally support the Norwegian Armed Forces’ long-term needs for ship procurement – among other things by ensuring that Denmark has the skills to design, build and maintain warships.

Identifying the physical shipyard space needed for naval shipbuilding will be one of the challenges facing the partnership. The most recent additions to the Royal Danish Navy, its three Iver Huitfeldt-class frigates, were constructed in blocks in Estonia and Lithuania. These blocks were then towed to the Maersk Group’s Odense Steel Shipyard (OSS) where they were assembled. Following the delivery of the last of the trio in 2012, the shipyard was closed and became an industrial park dedicated to the offshore renewables sector.

That industrial park is not all that’s left of the shipyard. Consultancy OMT (Odense Marine Technology) was spun off in 2010 to take the OSS technology expertise and experience and evolve into a leading international maritime consultancy. It is part of the team selected by the U.K. Ministry of Defense to develop the Type 31 general purpose frigate, which just happens to be based on the Iver Huitfeldt-class.

Source: https://www.marinelog.com/shipbuilding/denmark-eyes-5-4-billion-return-to-naval-shipbuilding/

 


The Nation reported the arrest of a supertanker by the Central African country after it fled from the AKPO oilfield in Nigeria when its notorious activities were unveiled by the operatives belonging to the Nigerian Navy.

Confirming the arrest on Wednesday, Adedotun Ayo-Vaughan, the spokesperson of the Nigerian Navy, mentioned that the feat indicated renewed collaboration among the Gulf of Guinea nations.

MV HEROIC IDUN
Image for representation purpose only
Ayo-Vaughan confirmed that the supertanker with International Maritime Organization (IMO) reportedly raised a fake alarm that it had come under the attacks of pirates when ‘NNS GONGOLA’ ordered the vessel to head out for Bonny Fairway Buoy for extensive interrogation.

He said the regional centre for Maritime Security for West Africa (CRESMAO) in Abidjan also agreed that the vessel raised a fake alarm regarding an attempted boarding between 10 to 15 NM of Akpo oil field located in Nigeria to the Multinational Maritime Coordination Centre (MMCC), International Maritime Bureau (IMB), as well as other international platforms.

On 7 August this year, the Nigerian Navy personnel on a routine patrol reported the unexpected presence of the MT HEROIC IDUN at the Akpo Oil Field. The Very Large Crude Carrier (VLCC) is a 336-meter tanker that boasts a capacity of 299,995 MT. Its owner is Hunter Tankers AS. The vessel is reportedly domiciled in Scandinavia. However, Trafigura Maritime Logistics, located in the Netherlands, operates it.

Failing to share NNPC clearance papers for loading, MT HEROIC IDUN was prevented from proceeding by the Nigerian Navy Ship named GONGOLA.

The Captain of MT HEROIC IDUN revealed that the vessel’s agent commanded him, Messrs Inchcape Shipping, strictly not to follow any directives provided by the Nigerian Navy. The VLCC also resisted arrest when it was reportedly ordered by NNS GONGOLA to stop, and the supertanker escaped toward the Nigeria-Sao Tome and Principe Joint Development Zone Area.

Rear Admiral Istifanus Albarra, the Head of CRESMAO, also confirmed that the tanker captain refused to cooperate and altered the course toward Sao-Tome and Principe. Later on, he deliberately raised false alarms to the International Maritime Bureau (IMB) that she was under a pirate attack. The IMB broadcasted the information to relevant international stakeholders and authorities.

Per Ayo-Vaughan, the admiral observed that it is imperative that incidences of piracy reported by vessels must be crosschecked with authorities (especially the Yaounde Architecture) to authenticate the veracity or otherwise before the broadcast.

Ayo-Vaughan added that this is to prevent raising false alarms, particularly during this time when the maritime domain of the Gulf of Guinea has been recording a significant reduction in maritime incidences compared to what was happening two years back. IMB is implored to cancel the alert broadcast, coordinate with authorities, and put out the correct information.

As a demonstration and proof of renewed cooperation among Gulf of Guinea nations, the Nigerian Navy welcomed MT HEROIC IDUN’s arrest. The seizure was facilitated by the Equatorial-Guinean Navy on 12 August, just about four days after the supertanker mistakenly assumed that she had successfully evaded an arrest by the Nigerian Navy and raised a fake alarm of a robbery/pirate attack that did not happen in reality.

References: Business Day, The Cable

 


Fire erupted in the fore part of general cargo ship HAPPY ROVER early in the morning Aug 21, dry docked at Schiedam, Rotterdam, and undergoing repairs, including fire works. The ship arrived at Rotterdam on Aug 8, from Canada. Fire engines responded, at one time ship’s horn self-switched and woke up local residents, until it was switched off. As of 0600 UTC Aug 21, fire most probably, is still raging, officials said fire fighting might stretch on into the day.

New FleetMon Vessel Safety Risk Reports Available: https://www.fleetmon.com/services/vessel-risk-rating/

 


The world’s largest international maritime exercise concluded Aug. 4 following more than a month of realistic, relevant combined operations training conducted in and around the Hawaiian Islands and Southern California.

Twenty-six nations, 38 surface ships, three submarines, nine national land forces, more than 30 unmanned systems, approximately 170 aircraft and over 25,000 personnel participated in the 28th edition of the biennial Rim of the Pacific (RIMPAC).

RIMPAC 2022 Combined Task Force Commander, U.S. Navy Vice Adm. Michael Boyle expressed that returning to a full-scale exercise, with multiple exercise firsts, has been a success across all domains.

“By coming together as Capable, Adaptive Partners, and in the scale that we are, we are making a statement about our commitment to work together, to foster and sustain those relationships that are critical to ensuring the safety of the sea lanes and the security of the world’s interconnected oceans,” Vice Adm. Boyle said.

Japan Maritime Self-Defense Force Rear Admiral Toshiyuki Hirata filled the role of Vice Commander, and commanded the Humanitarian Assistance and Disaster Relief (HADR) portion of the exercise that operated with local hospital personnel. This year’s RIMPAC included two Maritime Self-Defense Force escort ships and the Ground Self-Defense Force’s Western Army.

Rear Adm. Hirata said that in the current security environment, it is important for the international community to work together. “It is of great significance to deepen and strengthen the relationship of trust.”

For the first time, Republic of Korea Rear Adm. Sangmin An served as the Commander of the exercise’s combined amphibious task force, with the Republic of Singapore Navy Col. Kwan Hon Chuong serving as the amphibious force’s Sea Combat Commander, and Royal Australian Navy Capt. Michael Osborn serving as the Sea Logistics Commander.

RIMPAC’s Deputy Commander, Royal Canadian Navy Rear Adm. Christopher Robinson, said the collaboration and cohesiveness between partner nations enhanced their operations.

“This exercise provides tremendous training value, enabling partners to build skills and refine procedures through working together. Part of this comes from seeing how other partners approach similar scenarios, offering new perspectives”, Robinson said.

“The value of this collaboration goes further, in that it also enables us to build and foster those relationships and networks that are so incredibly valuable as we operate together in future operations throughout the region.”

A few of the first-time achievements included:

  • Two U.S. Marine Corps MV-22 Osprey aircraft embarked in Australian amphibious ship HMAS Canberra for the whole duration of the exercise.
  • While participating in RIMPAC for the first time, HMNZS Aotearoa conducted numerous Replenishment at Sea operations with partner nations including France, Australia, Canada, Malaysia and the U.S.
  • Royal Malaysian Ship KD Leskir (F26) conducted their first live missile firing outside Malaysian waters.
  • First embedded use of the MQ-9A and MQ-9B unmanned aerial vehicles, and the unmanned surface vessels Nomad, Ranger, Sea Hawk and Sea Hunter; with data and knowledge sharing amongst 13 countries, including Australia, Canada, Japan, Korea, Malaysia, Philippines, Peru, India, France, Chile, Mexico, Singapore and Indonesia.
  • Nine nations participated in the RIMPAC Amphibious Assault (Australia, Chile, Indonesia, Malaysia, Mexico, Republic of Korea, Sri Lanka, Tonga and U.S.).

This year’s exercise included units and personnel from Australia, Brunei, Canada, Chile, Colombia, Denmark, Ecuador, France, Germany, India, Indonesia, Israel, Japan, Malaysia, Mexico, Netherlands, New Zealand, Peru, the Republic of Korea, the Republic of the Philippines, Singapore, Sri Lanka, Thailand, Tonga, the United Kingdom and the United States.

Source: https://maritimefairtrade.org/rimpac-2022-worlds-largest-maritime-exercise-concludes/

 


Lloyd’s underwriting syndicate has signed an agreement to gain access to the Risk Intelligence System, backed by operational intelligence support services, for use in managing risk in its insurance portfolio.

The Risk Intelligence System offers an overview of immediate, short-, and medium-term security risks for coastal areas, ocean, port, and landside threats. The analysis is focused on insurgency, piracy, organised crime, activism, terrorism, military conflicts, and any interplay between these parameters.

The deal includes Risk Intelligence’s MaRisk and PortRisk systems, which will assist in writing cover for war risks and other challenging areas. Risk Intelligence will also provide bespoke reports and monthly security risk briefs to the underwriting team.

“This is a great addition to our strong book of insurance clients,” said Jim Pascoe, CCO of Risk Intelligence.

“In welcoming our new client on board, we will be providing our maritime intelligence right into the heart of marine underwriting. It’s particularly pleasing as this was a very competitive process, and our previous delivery to this client secured Risk Intelligence the ongoing contract – once again proving the quality of our analysts and advisory teams.”

“I am very much looking forward to working with our new client, assisting them as they challenge the traditional ways of dealing with war risk cover and books of business.”

Source: https://smartmaritimenetwork.com/2022/08/09/lloyds-adopts-risk-intelligence-system/


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