Risk Assessment - Risk Assessment in Shipping Industry

Risk Assessment in Shipping Industry

As from July 2010 shipping companies implemented risk assessment procedures in order to asses the risk in key shipboard operations. These procedures were implemented as part of the amended ISM code. The risk assessment should be performed before performing a key operation. If the risk is assessed to be high, then additional measures must be implemented in order to reduce the risk. Shared knowledge from audits and some examples can be found in the following link.

Read more about this topic:  Risk Assessment

Famous quotes containing the words risk, assessment, shipping and/or industry:

    Nature, we are starting to realize, is every bit as important as nurture. Genetic influences, brain chemistry, and neurological development contribute strongly to who we are as children and what we become as adults. For example, tendencies to excessive worrying or timidity, leadership qualities, risk taking, obedience to authority, all appear to have a constitutional aspect.
    Stanley Turecki (20th century)

    The first year was critical to my assessment of myself as a person. It forced me to realize that, like being married, having children is not an end in itself. You don’t at last arrive at being a parent and suddenly feel satisfied and joyful. It is a constantly reopening adventure.
    —Anonymous Mother. From the Boston Women’s Health Book Collection. Quoted in The Joys of Having a Child, by Bill and Gloria Adler (1993)

    I need not tell you of the inadequacy of the American shipping marine on the Pacific Coast.... For this reason it seems to me that there is no subject to which Congress can better devote its attention in the coming session than the passage of a bill which shall encourage our merchant marine in such a way as to establish American lines directly between New York and the eastern ports and South American ports, and both our Pacific Coast ports and the Orient and the Philippines.
    William Howard Taft (1857–1930)

    The reason American cars don’t sell anymore is that they have forgotten how to design the American Dream. What does it matter if you buy a car today or six months from now, because cars are not beautiful. That’s why the American auto industry is in trouble: no design, no desire.
    Karl Lagerfeld (b. 1938)