
Operating a maritime business is inherently risky. This is so for inland commerce, open ocean navigation, and everything in between. Not only are maritime professionals subject to the whims of Mother Nature, but much of the work itself is dynamic, involving massive vessels, heavy machinery, and hazardous materials. Accordingly, anyone engaged in the maritime industry – from deckhands, machinery operators, and engineers to captains, shoreside support staff, and corporate officers – must be ready to respond to a crisis at a moment’s notice. Because an ounce of preparation is worth a pound of cure, leaders of maritime businesses should expect that crises will occur and train their workforce for the inevitable, a systematic approach is needed to maritime risks. Continue reading “A systematic approach to maritime risks”