Risk Management News

The global maritime sector is entering an era of heightened geopolitical and regulatory uncertainty that threatens to offset long-term safety gains, according to Allianz Commercial’s 2025 Safety and Shipping Review. While vessel losses have reached a record low, the industry faces a volatile landscape shaped by trade conflict, increased sanctions, shadow fleets, and ongoing security threats in key shipping lanes.The review underscores how fast-evolving global tensions — from attacks…

Lloyd’s Register (LR) and vacation company Royal Caribbean Group announced today at Seatrade Cruise Global in Miami, a partnership aimed at driving safety, innovation, and sustainability across the cruise industry. Under this partnership, LR will provide expert classification, risk management, and technical consultancy services to ensure Royal Caribbean Group’s fleet remains at the forefront of maritime safety and efficiency. This includes overseeing the transfer of more the 25 ships into LR class and integrating Marine Management Systems and Ship Emergency Response Services.

The Industry Associations of BIMCO, ICS, IMCA, INTERCARGO, INTERTANKO & OCIMF, supported by over forty maritime stakeholders, have today released a consolidated publication, Best Management Practices (BMP) for Maritime Security (MS).As an interactive online publication, BMP Maritime Security consolidates previously published regional publications into a single, comprehensive publication with actionable insights and advice. It focuses on providing a threat and risk management process and…

Cyber threats to maritime are increasing rapidly, and later this year Marlink will unveil a report which classifies the growing problem. From common phishing schemes to targeted attacks on command and control systems, Cedric Warde, Vice President, Global Sales – Digital, Marlink discusses the threats and the means to help avoid them.REGISTER NOW for a free to attend micro conference on new and emerging USCG Cyber Security Rules - November 13, 2024 in New Orleans - with insights on their impact to vessel owner/operators:Cyber risks continue to expand across industries…

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…