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.
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