The new "Technical Committee on Risk Management" of Germanischer Lloyd was established to respond to the growing significance of risk-based approaches for the maritime industry. The new committee's main objective is facilitation and consolidation of industry's needs related to the application of risk-based methods for future profitable maritime business. The new "Technical Committee on Risk Management" comprises representatives from all stakeholders of the maritime industry, namely ship owners and operators, ship builder and maritime systems' suppliers, insurance and engineering service providers. Guido Schulte, Head of Concept Design and R&D Department Akeryards, was elected as chairman; further members of the Committee are Dr S. Gerhard (Allianz), Mr M. Guenther (Hamburg Süd), Mr M.
