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In his annual Royal United Services Institute (RUSI) address, in December, the UK’s Chief of Defence Staff Admiral Sir Tony Radakin spoke of his concern at the “extraordinarily dangerous … |
https://maritime-professionals.com/maritime-risk-in-conflict/
Current geopolitical tensions have inevitably raised the stakes in general perception around security, as well as, tragically, huge displacement of the population of Ukraine. The sobering reality from experience is that criminals are quick to change their methods, exploit difficult situations and cause further human degradation.
I hope you find these articles useful.
Peregrine Storrs-Fox
Risk Management Director, TT Club
| Evolving security threats Disruptions through the global supply chain... |
https://allaboutshipping.co.uk/2022/04/05/tt-talk-measures-for-security/
Risks to monetary stability mount in central and eastern Europe
Monday 21 February 2022 – Vol.13 Ed.8.1
Commentary: Central bankers underestimating threat of war
By Miroslav Singer in Prague
As the diplomatic world ponders how best to prevent conflict between Russia and Ukraine, central bankers seem oblivious to the potential threat. Even Balkan and central and eastern European central banks merely list it as one of many forecast risks. Any war between Russia and Ukraine will rock the exchange...
CBDC to make steady progress in 2022 as authorities tackle policy issues
Monday 31 January 2022 – Vol.13 Ed.5.1
Commentary: Fed keeping strictly neutral on CBDC as others plough ahead
By Lewis McLellan in London
The US Federal Reserve published its discussion paper last week in which it laid out the conditions a digital dollar would have to satisfy. Elsewhere, the Monetary Authority of Singapore is redefining these conditions as technical features. Introducing CBDCs does pose new challenges and...
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To view more FreightWaves infographics, click here.
https://www.freightwaves.com/news/daily-infographic-5-interstate-stretches-that-pose-greatest-risk
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To access the complimentary white paper associated with this infographic, click HERE
https://www.freightwaves.com/news/daily-infographic-manage-your-supply-chain-risk
The Nautical Institute’s Human Element one-day courses
Don’t miss out on our popular online modules!
1. Understanding Risk from a Human Element Perspective one-day course
2. Risk and Risk Taking Behaviour one-day course
| Understanding Risk from a Human Element Perspective 28 September 2021 at 08:30 – 12:00 UTC |
| There is an element of risk in all we do. So, we need to educate seafarers to think about risk, to UNDERSTAND risk –... |
https://allaboutshipping.co.uk/2021/08/25/the-nautical-institutes-human-element-one-day-courses/
Many Shipowners operators and crew are unware that a small security risk is not a valid reason for switching off the ship’s Automatic Identification System (AIS).
Even more are obvious to the consequences of doing so- which range from heavy fines to detention- if smuggling is suspected, vessels pose a safety risk in a high traffic area, charter party has been reached or there has been non-compliance with individual country requirements, says in article published on bimco website.
Heavy fines to...https://mfame.guru/risks-repercussions-due-to-turned-off-ais/
Debt management and the consequences for central bank independence
Tuesday 11 May 2021 – Vol.12 Ed.19.2
Commentary: Reserves system puts independence at risk
By Chris Papadopoullos in London
Many advanced-economy central banks have resigned themselves to a probable elevated level of reserves for the foreseeable future. This brings central banks into the fiscal equation in a more direct way and exposes them to political repercussions that could endanger their independence. To avoid this, central...
Are there risks involved when systems are becoming complex? Have you taken a new approach to evaluate the new risks appearing when moving into the digital world?
Meet Fenna van de Merwe has led the writing of the White Paper from DNV called Closing the gap in an era of transformation.
It intends to guide maritime stakeholders to control and mitigate these risks and put them in a better position to make informed decisions about achieving and maintaining smarter and carbon-neutral shipping.
Fenna is...
