Structured and analytical risk management have direct effects on a company’s ability to build a competitive advantage. To support organizations with one complete solution for managing operational, project and enterprise risk DNV Software has now incorporated the risk management tool EasyRisk Manager with the Synergi Life risk and QHSE-management solution. It provides a real time snapshot of a company’s risk picture. The focus of organizations on risk management has increased due to extended governmental requirements, increased demands for transparency and sustainability and compliance towards standards. As structured and analytical risk management has direct effects both on profit, reputation and the environment, handling risk on a strategic and on an operational level is a key factor for building a competitive advantage. This web-based software ensures that risk managers can base their decisions on real time information. To provide one complete web-based solution that covers all risk and QHSE requirements the EasyRisk Manager-functionality is now incorporated into the Risk Management module in the Synergi Life application. EasyRisk Manager is therefore no longer continued as a separate brand. “Our risk management software – including software for process risk, occupational risk, qualitative and quantitative risk management – is now complemented with the leading tool for operational, project and enterprise risk management
William Pennella, vice chairman and executive vice president of Crowley Maritime Corporation, announced today that Dwight Menard has been promoted to vice president of risk management effective Dec. 1. Menard will be responsible for the company’s global insurance program; management of Beacon Insurance Company, Ltd; supporting the risk management and insurance requirements of Crowley’s four business lines; allocation of insurance cost and administration/management of the claim
Ridge Global, an international provider of security and risk management services, and iJET University, a provider of risk management training curricula and solutions, announced that the two companies will collaborate to offer instructor-led training for executives and decision makers with security responsibility. Specifically, iJET University will offer Ridge Global’s flagship corporate security and resiliency training courses to its broad base of international clients and members.
ABS Group will host an Offshore Wind Farm Projects Seminar on October 8 at ABS House, 1 Frying Pan Ally in London. ABS Group advisors who are involved in solving technical issues in offshore projects will share their experience regarding issues throughout the entire life cycle of a project. Participants will have the opportunity to discuss industry wide technical issues, particularly in structural engineering, asset integrity management and risk management with ABS Group experts during the
Lloyd’s Register Group announced full year results for the year ended June 30, 2001. Lloyd’s Register reports that operating profit for the 12 months at $35 million, with a record income up 11 percent at $519.2 million, which return it to profitability six months ahead of target. With the business restructured, Lloyd Register’s non-core activities were successfully exited. David Moorhouse, Chairman of Lloyd’s Register
The Port of Tacoma recently promoted Janet Quimby to Director of Contracts and Risk Management. In this position, she is responsible for all Port purchasing, risk management programs, safety programs, and oversight of all Port contracts, including construction and consulting contracts in support of Port capital programs. "Janet has demonstrated an exceptional ability to coordinate complex programs," said Jeff Lincoln, the Port's Director of Facilities Development.
The North of England P&I club and Intercargo have published a second edition of their unique and popular guide on how shipowners should prepare for port-state control inspections. Port State Control - A Guide for Cargo Ships has been updated throughout and includes a comprehensive new chapter on the commercial implications of delays, detentions and banning orders. According to Tony Baker of the North of England's risk-management
Leading accountant and insurance industry adviser Moore Stephens has questioned whether data governance is being accorded the attention it deserves by the insurance industry. Recent FSA Arrow visits have highlighted a number of frequently recurring problems in insurance firms relating to risk management, governance, data and reporting. These include poor risk control culture, poor reporting, ineffective governance, inadequate allocation of control staff
Chris Charman took over as Chief Executive of the International Marine Contractors Association (IMCA) in December of last year. IMCA’s Chief Executive leads the IMCA secretariat and is responsible for delivering the association’s extensive global work program. Charman, perhaps not widely known to our North American readership, nevertheless brings impressive qualifications to this important advocacy group for the international offshore, marine and underwater engineering sectors
RightShip announced the appointment of IBM to realize the potential of Big Data within its Ship Vetting Information System (SVIS) to deliver the most sophisticated, enterprise-ready risk management system available to the maritime industry. IBM’s advanced predictive analytics and real-time reporting will give RightShip customers instant access to its wealth of information and allow them to undertake extremely accurate risk forecasting. Dubbed SVIS 2
For the second consecutive year, CMA CGM Group scored one of the best results in the CDP (Carbon Disclosure Project) Transport and Logistics category for its policies, performance and transparency in areas related to climate change. Created in 2000
Tom Ridge, President and CEO of Ridge Global, an international provider of security and risk management services, today announced that Thomas Betro, former Director of the Naval Criminal Investigative Service (NCIS), and VP at NTT DATA, has joined as an advisor
BMT Designers & Planners (BMT), a subsidiary of BMT Group Ltd., an international design, engineering and risk management consultancy, appointed Ralph Duncan as Vice President of Business Development. A University of New Mexico, Naval Postgraduate School and Stanford University graduate
In the operation and development of a sour gas field, a key challenge is ensuring the process safety and integrity of the asset and, most importantly, the safety of the personnel working with high concentrations of hydrogen sulphide (H2S). To help the industry manage the risks throughout the
The American P&I Club is reorganizing its underwriting and business development functions into a regionalized structure comprising the Americas, EMEA (Europe, Middle East, Africa), South and Southeast Asia, and Greater China and North Asia.
BMT Surveys (BMT), a subsidiary of BMT Group Ltd, an international design, engineering and risk management consultancy, has announced the opening of a new office in Geneva, to support its rapid expansion across Europe. Providing further support to clients in Switzerland
Global business risk consultancy Drum Cussac Ltd. delivered an antipiracy training program for the Malagasy Navy at the Naval Base in Diego Suarez, Madagascar. It is the first time that a private company has been permitted to partner with the Malagasy Navy.
Lloyds Register Energy Drilling (LRED), formerly ModuSpec Engineering UK Limited, was presented with the award by Aberdeen's Lord Lieutenant George Adam, acting on behalf of HM the Queen, in recognition of the company's sustained business expansion.
Global marine and environmental risk assessor, RightShip, has been awarded the Australian Prime Ministers Exporter of the Year Award by the Hon. Tony Abbott MP at the 2013 Australian Export Awards in Melbourne. RightShip was established in 2001 to address the lack of accessible
Aalto University, together with three other universities, has received significant funding for an international Research Center of Excellence for Arctic Technology from Lloyd’s Register Foundation (LRF). After an extensive international tendering process for fundamental research projects
Shipping luminaries gathered recently in New York to discuss issues and recognize achievements at the 2013 North American World Maritime Day and NAMEPA (North American Marine Environment Protection Association) Marine Environment Protection Awards Dinner.
ABS, a provider of maritime classification services, launched Chem-eL, a specialized training package designed to support safety and competence in chemical tanker operations. Chem-eL is a sector-specific e-learning marine product developed in accordance with the requirements stated in the
Ambrey Risk have successfully gained certification from Lloyd’s Register Quality Assurance (LRQA) against ISO/PAS 28007, joining a growing number of Private Maritime Security Companies offering greater accountability for the Shipping Industry, something Ambrey Risk Managing Director
Regional insurance brokerage and risk management company AAIB first to be granted license to operate in Somalia as economic opportunities drive demand. Regional specialist in broking, risk management and consultancy Anglo Arab Insurance Brokers (AAIB), has broadened its footprint
A report released by the Canadian Shipowners Association (CSA) has found that American regulations to require the installation of ballast water treatment equipment on Canadian domestic vessels beginning in 2014 will cost the Canadian economy 1.1 billion dollars over the next five years