Maritime Risk News
U.S. National Maritime Strategy in the Spotlight @ MRS '24
The Maritime Risk Symposium will convene in Monteray, CA next month, a small conference with a high-profile speaker line-up from across government, industry and academia. Here we look at Panel 3 – Maritime Policy vis a vis a new National Maritime Strategy, facilitated byCAPT Jon Kaskin, US Navy Reserve (retired)This panel will inform participants and generate discussion regarding the forthcoming National Maritime Strategy (NMS). Congress originally mandated that the NMS be developed…
Adversarial Seas: AI and the Evolving Cyber Threat in Maritime
The maritime transportation system, the lifeblood of global trade, is undergoing a digital revolution. Automation and artificial intelligence (AI) are transforming how ships operate and cargo moves. However, this increased reliance on technology creates a double-edged sword: while AI offers powerful tools for cybersecurity, it also presents new vulnerabilities to exploit. This article explores the growing threat of adversarial AI (AAI) in maritime cyber security and how the industry…
Arctic in Focus at MRS '24
At the Maritime Risk Symposium 2024, scheduled for June 11-13 at Naval Postgraduate School, Monterey, CA, RADM Matt Bell, USCG (Ret.) facilitates a panel entitled: Multi-Service and Maritime Industry Collaboration in the Arctic, to better understand how the changing dynamics in the Arctic region will necessitate increased collaboration between the maritime services and industry to mitigate the risks of Arctic maritime operations. Joining RADM Bell on the panel are:RADM Megan Dean, Commander, U.S.
MRS '24 - Panel 5: Identifying Risk, Measuring Success in the "Gray Zone"
The Maritime Risk Symposium is an annual three-day conference in which government and maritime industry leaders, port representatives, researchers, and solution providers convene to examine current and emerging threats to maritime security. MRS2024 is scheduled to take place June 11-13 2024 at Naval Postgraduate School (NPS) in Monterey, CA.A look @ Panel 5: Facilitator: Eric “Coop” Cooper, CAPT, USCG (retired)This panel will inform participants and generate discussion to improve understanding of the risk of gray zone activities pose to the economy…
Maritime Risk Symposium 2024 – Great Power Competition and Gray Zone Engagement
For 15 years the Maritime Risk Symposium (MRS), an annual three-day event, has brought together government and maritime industry leaders, port representatives, international and domestic researchers and solution providers to examine current and emerging threats to maritime security. World events highlight that maritime security is increasingly at risk during the current period of great-power competition and ongoing conflicts. The active competition between nations who are not…
14th Annual Maritime Risk Symposium to be Held Nov. 14-16 at SUNY Maritime
The 2023 Maritime Risk Symposium (MRS) will be held Nov. 14-16, 2023, as an in-person event, hosted by Maritime College, State University of New York (SUNY) at the Maritime Academic Center. The theme of the 14th annual event is “Managing Impacts of Supply Chain Disruptors, Renewable Energy, Emerging Technology on the Maritime Transportation System (MTS)” with a focus on offshore infrastructure risk and disruptors. Founded in 1874, Maritime College is the oldest maritime college in the United States, providing mariner training for 150 years.
Allianz: Top 5 Risks in Marine & Shipping
Allianz, a global commercial insurer, just released its 2023 Risk Barometer, which shows how 2,712 risk management experts from 94 countries ranked the top corporate risks. While the report offers insights on perceived global business risks in general, it also offers insights by industry sector. MarineLink's readers will be interested to see what's most important in "Marine and Shipping" in 2023, as shared by Allianz. The number one risk in "Marine and Shipping" in 2023 is "Fire…
ClassNK Journal Outlines Maritime Risk Management
ClassNK has released the latest "ClassNK Technical Journal”, which has been published for contributing to the development of the maritime industry through the outcome of R&D and technical activities.The latest issue, “ClassNK Technical Journal No.6 2022 (II)” features how to deal with risk, including articles on risk assessment in the maritime sector, the concept of vulnerability which contributes to developing a new framework that supports the social implementation of Maritime Autonomous Surface Ship (MASS), and fundamentals and applications for risk-based ship design.In addition, it also inc
Maritime Risk Symposium: Full Program Released
The 2022 Maritime Risk Symposium (MRS), scheduled to be held Nov. 15-17, 2022, hosted by Argonne National Laboratory at the Argonne campus in Lemont, Illinois, recently unveiled the full conference program, packed with experts with insights on the challenges facing the inland waterway systems.Click here to read the fulll program for MRS 2022MRS is an annual international event focused on risks involving the global maritime transportation system (MTS). For the MRS, the U.S. Coast Guard partners with the sponsor…
Training the Next Generation of Maritime Cyber Warriors
The 2022 Maritime Risk Symposium scheduled to be held November 15-17, 2022, hosted by Argonne National Laboratory, will feature a panel discussion entitled "Training the Next Generation of Maritime Cyber Warriors."The cyber threats to the maritime environment are increasing in scope and magnitude while the talent stream struggles to keep up. This panel will address some of the innovative ways in which the next generation of cyber warriors are being prepared by expanding experiential learning through directed practical experience.
Inland Waterways in Focus: Balancing Maintenance and Operational Requirements
The integrity of the marine transportation system as a key plank in a country's economic prosperity is in heightened focus today, with logistics snarls contributing to fast rising inflation. Maintaining the integrity of the vast U.S. inland waterway system - with more than 12,000 miles of inland and intracoastal waterways including 218 lock chambers at 176 sites - is the focus of the Maritime Risk Symposium 2022, a 2.5-day conference scheduled for November 15-17, hostd by Argonne National Laboraty's TCS Conference Center.On Wednesday, November 16, 2022, James P.
Lithium-ion Batteries: Fire Risks and Loss Prevention Measures in Shipping
About the Author: Captain Rahul Khanna is Global Head of Marine Risk Consulting at Allianz Global Corporate & Specialty. A marine professional with 26 years of experience within the Shipping and Maritime industry, Captain Khanna served more than 14 years on board merchant ships in all ranks, including Master of large oil tankers trading worldwide. Although shipping losses have more than halved over the past decade fires on board vessels remain among the biggest safety issues for the maritime industry.
Maritime Risk Symposium 2022: The Importance of Inland Systems to the MTS
The theme of Maritime Risk Symposium (MRS) 2022 is “The Importance of Inland Systems to the MTS.” The global MTS consists of numerous inland networks that connect the major transnational and inland ports. The United States has more than 25,000 miles of navigable waters, which can carry around 630 million tons of cargo annually. Barges carry the bulk of the commodities on the inland river networks while freighters carry the commodities on the Great Lakes and Saint Lawrence Seaway. About 60 percent of the U.S. farm exports travel through inland waterways.
Insurance Insights: Larger Vessels, Larger Exposures
The blocking of the Suez Canal by one of the largest container ships in service in the world – the Ever Given – in March 2021 caused huge delays to hundreds of vessels waiting to transit the canal, one of the biggest chokepoints on the critical East/West trade shipping route. The blockage was estimated to have affected an estimated $9.6bn of goods each day, or around 12% of total world trade.The latest in a growing list of incidents involving large vessels, the Ever Given has…
"Early Bird" Registration for 2021 Maritime Risk Symposium ends soon
The University of Houston’s College of Technology will host the 12th Annual Maritime Risk Symposium (MRS 2021), in collaboration with the National Academy of Sciences, from November 2-4, 2021, at the at the University of Houston’s Student Center-South.The Maritime Risk Symposium is an annual three-day conference in which government and maritime industry leaders, port representatives, researchers, and solution providers convene to examine current and emerging threats to maritime security.
Registration Open for the 2021 Maritime Risk Symposium
The University of Houston’s College of Technology will host the 12th Annual Maritime Risk Symposium (MRS 2021), in collaboration with the National Academy of Sciences, from November 2-4, 2021, at the at the University of Houston’s Student Center-South.The Maritime Risk Symposium is an annual three-day conference in which government and maritime industry leaders, port representatives, researchers, and solution providers convene to examine current and emerging threats to maritime security.
Pandemic-Related Risks Top the List for 2021, says 10th Allianz Risk Barometer
Business interruption, pandemic outbreak and cyber incidents -- three separate but 'strongly interlinked' matters -- lead the pack as the top threats to maritime in 2021, according to the 10th Allianz survey on risk in the maritime sector.The maritime industry, on its best day, is fraught with risk, as people, machinery and the bulk of world trade regularly traverses some of the most perilous conditions on the planet. According to the 10th Allianz Risk Barometer 2021 for the sector…
Maritime Resilience and the Human Element at MRS2020
Has the age of maritime discovery and exploration actually ended? Perhaps not exactly. As the history of maritime resilience and the human element shows, as far back as the 1500s and earlier, from using new navigational aids and improved ship designs, to coastal and inland route sailing, to navigating on open seas with uncertain charts, wayward icebergs, dense fog and luckily at times, clear starry nights, mariners have faced human element and maritime resiliency challenges. "Short of food and water…
Pirates Release 11 Crew, Hold 7 Hostage off Benin
Pirates attacked a Portugal-flagged ship and kidnapped its Bulgarian captain and seven sailors off the coast of Benin, Bulgaria's foreign ministry said on Tuesday.A ministry statement said the pirates who boarded the Tommi Ritscher container ship at the port of Cotonou in the Gulf of Guinea on Sunday had released 11 other members of the crew.It said it has requested more details from Benin's foreign ministry but no information had been received so far.A representative of the Russian Embassy in Benin and Togo was quoted as saying by TASS news agency that three Russian citizens were among the hostages seized.This is the latest incident of piracy off the coast of Benin.
WMU Calls On Communities To Protect Seafarers’ Rights
As the International Maritime Organization’s (IMO) apex institution for maritime and ocean education, the World Maritime University (WMU) adds its voice to widespread concerns over the serious effects of the COVID-19 pandemic on the health, wellbeing, and safety of seafarers.As countries around the world retreat to fight the pandemic, travel restrictions and financial losses are hitting shipping and other ocean-related industries hard. At sea, maritime workers are bearing the…
24/7 Voyage Security Risk Assessment … at the click of a mouse
Risk Intelligence provides security data, information, analysis and assessment to enable safe navigation in areas of risk in an increasingly uncertain worldSince its founding in 2001, Denmark-headquartered security information specialist Risk Intelligence has developed a fully integrated risk assessment and planning tool that provides valid, actionable intelligence to any fleet, on land, in port or at sea, 24/7/365. The company has three information and intelligence products that together assess security risks at sea…
Russia to Disinfect Ships from Iran, Italy and South Korea
Russia has ordered the mandatorydisinfection of ships arriving at the Black Sea ports of Novorossiisk and Yuzhnaya Ozereyevka from Iran, Italy and South Korea because of the coronavirus, a document seen by Reuters showed.A branch of Rospotrebnadzor, Russia's consumer safety watchdog, has ordered port agents "to arrange the disinfectionof ships arriving from these countries before the border is opened" in the city of Novorossiisk, the document showed.Novorossiisk port is one of the biggest on the Black Sea.
Risk Management with a Mouse Click
Risk Intelligence provides security data, information, analysis and assessment to enable safe navigation in areas of risk in an increasingly uncertain world.Since its founding in 2001, Denmark-headquartered security information specialist Risk Intelligence has developed a fully integrated risk assessment and planning tool that provides valid, actionable intelligence to any fleet, on land, in port or at sea, 24/7/365. The company has three information and intelligence products that together assess security risks at sea…