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
Petrobras’ Board of Directors approved at a meeting today (25 Nov.) the appointment of a director of Governance, Risk Management and Compliance, charged with ensuring process compliance and risk mitigation, including the risk of fraud and corruption, and therefore guaranteeing compliance with laws, norms, standards and regulations, including the rules of the Comissão de Valores Mobiliários (CVM - Brazilian Securities and Exchange Commission) and U.S
Levels of sound enterprise and business risk management are currently satisfactory in the shipping industry, a new survey from Moore Stephens has revealed. But the international accountant and shipping adviser warns that companies that fail to embed effective risk management procedures into their daily activities are likely to pay a high price in today’s tightly regulated and highly competitive industry.
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.
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 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
The Bureau of Ocean Energy Management (BOEM) today issued an Advanced Notice of Proposed Rulemaking (ANPR) on Risk Management, Financial Assurance, and Loss Prevention to seek public input as it considers modernizing its risk management program and bonding regulations for offshore oil and gas operations on the Outer Continental Shelf. This first step initiates a dialogue about BOEM’s existing regulations
A new consultancy established by well known industry veteran and leading marine energy expert Adrian Tolson, was launched Tuesday. A new consultancy, 20|20 Marine Energy, was launched to help companies create and implement strategies for purchasing and selling marine energy
Dan-Bunkering, has signed a partnership with Australian Bunkers for physical supplies in Buenaventura, Colombia, that will develop and strength its physical presence in Latin America. Dan-Bunkering will handle all sales and will provide risk management while Australian Bunkers
Press release - BMT Designers & Planners, a subsidiary of BMT Group, an international maritime design, engineering and risk management consultancy, has been awarded a United States Navy Environmental Quality Programs Support contract at a value of $43 million over five years
International engineering and project management consultancy Royal HaskoningDHV has announced a simplified organisation and management structure. As of 1 January 2016 the company has consolidated its activities into four Business Lines and four regions
BMT Designers & Planners, Inc. (BMT), an operating company of BMT Group Ltd, an international design, engineering and risk management consultancy, announced it has won a three-year contract to support the U.S. Navy’s environmental and conservation programs.
Pole Star, a U.K.-headquartered technology company delivering maritime application solutions, has launched its new cloud application platform, designed to facilitate the company’s vision to enable a universal maritime ecosystem.
This morning Dryad Maritime released their Mediterranean Special Advisory, an in depth report, looking at the complex threats currently facing commercial shipping in the Mediterranean Sea. It has been written with the purpose of providing a better understanding of this important area of sea
BMT JFA Consultants (BMT), a subsidiary of BMT Group, an international maritime design, engineering and risk management consultancy, recently completed the project management and supervision of the 2015 Bandy Creek Boat Harbour Dredging works
I have never been in a hurricane. That’s a fact. Actually, my wife likes to say that whenever there is any kind of natural disaster, I’m typically nowhere to be found. And, when I think about it, I realize that she is right. Whether by accident or by design
SSI's latest release, ShipConstructor 2016 R2 will be unveiled for the first time in public at the International WorkBoat Show, December 1-3, in New Orleans. According to SSI, the new software enhances productivity via new features and benefits
Poor’s has revised its outlook on Steamship Mutual to Positive from Stable. The A- financial strength rating has been reaffirmed. In their announcement Standard & Poor’s note: • the Club’s risk-based capital is expected to remain extremely strong;
KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has opened a new office in Athens, Greece. The new venture comes as part of the group’s broader growth strategy and desire to further develop its key markets
Shipping-maritime industry is smoked out of the recently published draft of the NFCCC COP21 climate agreement, currently being negotiated in Paris. The most recent draft of the agreement, released Wednesday, was without language regarding the limitation of greenhouse gas
Security consultancy Eos Risk Management has been certified by The Republic of Cyprus for the provision of security services for vessels registered with its flag administration. The Cypriot Ministry of Transport Communications and Work awarded certified status to Eos Risk Management
The International Association of Classification Societies (IACS) has created a Cyber Panel to lend support and resources to address what has become a key industry issue. IACS panels represent the top tier of the Association's issue-specific bodies