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SHIPPING
Shipping companies are traversing the globe daily, docking at and transiting through physically dangerous and politically unstable regions and countries. In order to plan for the violent risks to vessels and infrastructure assets as well as the political risks to business, our expert global analyst team are on hand to provide client-specific forecasts. Clients engage with us at various points in the internal decision process from the evaluation of new routes and counterparties to the delivery of streamed current intelligence on a port or particular route to support operational risk management.
We are commissioned by shipping companies, logistics companies and global businesses with significant supply chain exposures to forecast violent risks such as piracy at sea, civil commotion including strikes and riots as well as terrorism events at ports that would lead to interruption of supply chain networks. We also advise clients on the political risks of seizure, expropriation, embargo, sanction and counter-party risks.
Our forecasts enable clients to:
• Save significant costs by avoiding losses and supply chain disruption
• Minimise liability
• Drive new revenue by capitalising on new markets and opportunities
• Differentiate risks and opportunities by port, route, counter-party and cargo
Sample Client-Specific Reports:
• Somalia – Gulf of Aden Piracy Assessment and Forecast
• China – Risks of non-delivery of vessels from shipbuilding yard
• Global Port Report – assessment of probability of a Chemical Biological Radiological and Nuclear Weapon attack
• Nigeria – Violent Risks to a company’s ships operating at Port Harcourt
• Turks and Caicos – Risks of non-payment of a loan financing port development
• Kenya and Angola - Violent risks at Luanda and Mombasa ports
• Lebanon – All marine risks with a simulation of possible war scenarios with Israel
• Colombia – Terrorism risks to a port complex
Exclusive Analysis Client Case Study:
A client was assessing the opportunities of opening a new route between two countries for the transportation of natural gas. As part of the evaluation process, our client commissioned a report on the political risks around the project..
Our regional and thematic experts, in this case the Latin America team, and our shipping and energy teams, analysed the political risks to the gas industry in both countries, looking at the likelihood of nationalisation or forced expropriation, contract certainty and the counter-parties involved. They also addressed the potential violent risks including attacks to pipelines as well as vessels and other infrastructure assets.
