Security And Risk
by Brittany Damora On the day a South Korean ship was attacked by pirates, the “Security Threats to Korean Business Operating Overseas” conference, run by Assist Card Korea, heard evidence in support of intelligence-led protection and unarmed solutions to piracy from UK-based risk consultancy AKE Group. During the gathering of the biggest names in onshore business and shipping in Korea on 21 April 2011 the 75,000-ton Hanjin-owned Tianjinsignalled an SOS to its owners in Seoul and the Ministry of Land, Transport and Maritime Affairs: it was under attack by pirates in the Gulf of Aden. The incident reflects an increase in piracy against South Korean vessels and highlights growing public support for armed solutions--as well as demonstrating the practical non-lethal methods that actually defused this attack. AKE Group’s Andrew Kain, Richard Filon, Brittany Damora and Richard Mitchelson presented compelling evidence against armed guards, drawing on AKE’s extensive operational experience with the shipping industry and analysis of piracy trends. Non-lethal techniques use intelligence to understand the modus operandi of pirates and their capabilities. Vessel hardening with wire and improvised tools, safe rooms to protect crew, security training and contingency plans come at minimal cost and promote risk-awareness
Senior port officials and maritime industry executives interested in learning the latest port operation, planning and management techniques can participate in the 16th annual International Program for Port Planning and Management (IPPPM), to be held in New Orleans, March 13-24, 2000. The intensive training program offers maritime industry leaders from around the world a unique opportunity for further professional education and personal enrichment
Somali pirates hijacked 10 ships in March, the most since December, 2010, and may attack larger merchant vessels this month, AKE Intelligence said, Bloomberg reported. Four of the seized craft were used to make more attacks, rather than being held for ransom, said Rory Lamrock, a piracy analyst at the Hereford, England-based security and risk-assessment company. “Pirate syndicates will be emboldened by the latest hijackings
Maritime security company Ambrey Risk, specialists in commercial shipping in the oil and gas sector inform it has now been formally awarded full certification & accreditation for ISO 28000: ISO/PAS 28007, following Lloyd’s Register Quality Assurance (LRQA) being appointed as a ‘Certifying Body’ (CB) against ISO/PAS 28007 by the UK Accreditation Service (UKAS).
War is upon us. One cannot help but think that war and its impact upon our everyday lives will be with us, both directly and indirectly, for years to come. The US coalition forces will persevere and, in the end, prevail. The costs must be measured in human lives as well as dollars. Our world has forever changed and will continue to evolve in the aftermath of the war into the unforeseeable future. Security is part of the cost of living in this new, post-9/11 world.
Open Ocean’s maritime risk management alliance welcomes IMO’s statements on use of private maritime security on vessels. Murray Hammick, Managing Director of Chenega Federal (UK) Ltd, the company behind the Open Ocean maritime risk management alliance, welcomed the IMO Secretary General’s recent comments on the use of private maritime security companies (PMSC), made at the commencement of Maritime Safety Committee 90 last week
Power2Ship Inc. announced their collaboration with L-3 Communications on a solution for secure and efficient container transportation worldwide. This solution is targeted to meet the recent Department of Homeland Security objective outlined by Secretary Chertoff for supply chain security. Chertoff, in discussing the Department's focus, recently stated, "DHS must base its work on priorities driven by risk." Since its creation
The Department of Homeland Security awarded more than $6.1 million in supplementary Port Security Grant funds to the ports of San Francisco, Oakland, Richmond and Stockton, California. The San Francisco Marine Exchange was selected by the Coast Guard Federal Maritime Security Coordinator as the fiduciary agent to oversee the use of these funds on behalf of the Northern California Area Maritime Security Committee. The Port of Redwood City received an additional award of $33,000.00
The North of England P&I club has warned its members this week that the International Maritime Organization's new ship-security rules could have a significant impact on the commercial aspects of their operations when it comes into force on 1 July 2004. In the latest issue of its loss-prevention newsletter 'Signals', the 45 million GT club says all existing and future contracts relating to ships' operations - including charterparties
It is expected that the USCG will begin stepping up compliance measures and holding companies more accountable to the codes and regulations of the Maritime Security Act of 2002 (MTSA). The anticipated actions by the USCG, combined with the current cost of normal security procedures, will make it increasingly more difficult for companies to balance compliance with manageable security budgets. In addition, companies that lack the knowledge and experience to maintain full compliance run the risk
A new BIMCO clause provides a simple, practical and commercial solution focusing on the basic obligations and responsibilities of owners and charterers when dealing with the Asian Gypsy Moth (AGM). The spread by ships of AGM poses a severe risk to agricultural resources in many parts of
Maersk Line has been re-certified as an Authorised Economic Operator (AEO) with the AEO-F, the highest achievable accreditation in the European Union programme. The status benefits customers in several ways. The AEO-F certificate is granted to companies that meet particularly high
Euronav NV announced today the upsizing and pricing of its initial public offering in the United States. The size of the offering has been increased from the initially announced 13,550,000 ordinary shares to 16,260,000 ordinary shares at an issue price per share of USD 12
The government of Australia came under fresh pressure to reject Japanese submarines as the spearhead for a new undersea fleet, with one of the country’s top security think-tanks urging consideration of a homegrown naval deterrent, reports WSJ
Fugro, as a member of the Compass PTS joint venture, has been awarded an indefinite delivery/indefinite quantity (ID/IQ) contract for flood risk data services. The contract was awarded by the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA).
In recent years, ferries have been in the spotlight, in part because of growing mass transit needs and increased road congestion, but also because of concerns about the deadly South Korean ferry sinking last April. We asked Captain Terri Bernstein
The Captain of the Port (COTP) Boston is establishing a temporary waterside security zone at the John Joseph Moakley Court House, Boston MA for the court proceedings of the Boston Marathon bombing suspect Dzhokhar Tsarnaev. The security zone will be effective and enforced starting on
AVEVA has acquired 8over8 Limited, providing the software platform for AVEVA to address the current global need for increased project control, capital discipline, minimizing project overruns and delivering improved efficiency in operations, the company said.
Ten years after the Indian Ocean tsunami hit South and Southeast Asia, countries in the region are better prepared to deal with tragedies, the United Nations Food and Agriculture Organization (FAO) said today, while stressing that there is still room for improvement.
In anticipation of Pope Francis’ visit to the Philippines January 15-19, the Philippine Coast Guard (PCG ) has created two maritime task forces to secure the maritime terrain where the Pope will hold activities, particularly at the vicinity of the Mall of Asia in Pasay City
South Korea's nuclear power operator said on Sunday that cyberattacks on non-critical operations at the company's headquarters are continuing but the country's nuclear power plants are operating safely and are secure from attack. Korea Hydro & Nuclear Power Co Ltd has been
CNOOC Ltd's Nexen unit is shutting operations at an oil field and processing facility in Yemen due to a security threat, a Nexen spokeswoman said on Sunday. The spokeswoman said Nexen determined there is an undue risk for staff working at its Block 51 field operations and BAK PF
Investors looking for returns in the tanker markets can invest their capital in a variety of ways. Should an owner invest in a VLCC or an Aframax? How about an LR2 or an MR2? What is the historical rate of return for these tankers? Which tanker class is the riskiest? These questions face owners
The United States Congress this week enacted the strongest statement of support for the Jones Act and the American domestic maritime industry since the Merchant Marine Act of 1936. The measure was included as part of the National Defense Authorization Act (H.R
BMT Asia Pacific, a subsidiary of BMT Group has appointed Joanne Tse as Head of Risk Management based in Hong Kong. The new appointment will help support the regional growth of risk consultancy services - principally in the transportation and construction sectors.