Risk Intelligence is making available for free download the concluding issue of its Strategic Insights series.
Many of the areas reviewed in this issue will be familiar to maritime operators and long-time readers of Strategic Insights: Somalia and Nigeria, for example. But there are also new areas of concern emerging, as well as the return of power politics. One of the themes of this issue, which looks ahead to the challenges in 2017 and beyond, is that developments on land can ‘trickle down’ to the maritime domain. But this is not always the case, and each environment needs to be analysed on a case-by-case basis to completely understand the threat, and if it will affect maritime operations.
Overall, threats may be changing, with new locations emerging and new dynamics affecting operations. There are a number of trends at the macro and micro levels that will have implications in 2017 and beyond. But risks can still be mitigated and the starting point is information – assessments of threats and accompanying analysis. Risk Intelligence continues to provide global overviews on incidents and threats through its upgraded MaRisk 2.0 portal. As well, the PortRisk platform now provides full assessments of the threat environment for 170 ports around the world, and is continuing to add more.
Attacks against merchant vessels off Nigeria will remain a problem for ship operators in 2017. Risk Intelligence's maritime security forecast for the country underlines this and several other significant trends for this year. Moreover, the forecast identifies seven types of potential security incidents with varying threat levels.
Nigerian president Muhammadu Buhari has gained some respect for his efforts to tackle corruption but his government has so far failed to diversify the economy. Militancy in the Niger Delta throughout 2016 has increased problems even further and underlined that security and economic challenges are closely related.
For maritime operators, developments since early 2016 hold a mixed picture. Crude oil exports were down while imports of refined products increased due to lower output from domestic refineries. Overall, imports decreased due to the falling exchange rate but exports, particularly of agricultural goods, are likely to increase and bulk carrier operators are the most likely beneficiaries.
The Risk Intelligence maritime security forecast for Nigeria in 2017 has been published in January to users of the Risk Intelligence System (MaRisk+PortRisk), but can now be downloaded for free.
Risk Intelligence offers a broad range of services for maritime operators in West Africa. Our subscription-based services MaRisk and PortRisk provide a detailed overview over maritime security incidents in the region as well as threat assessments for countries, ports and cities. PortRisk currently covers almost 40 ports and offshore facilities in the region. Furthermore, RiskIntelligence offers detailed reports on specific issues such as the use of private maritime security companies in West Africa and provides bespoke threat and environment assessments for maritime operators in the region.
Please contact Risk Intelligence regarding further services and reports.
Insecurity at sea is a major challenge for maritime operations in West Africa. Additional protection for ships, crews and cargoes is in high demand but operators often face operational and regulatory risks when they decide to use privately contracted maritime security services in the region. Risk Intelligence has now updated its overview of different types of maritime security provisions – ranging from armed guards to escort vessels and secure anchorages – that are legal in 18 countries throughout the region, including Nigeria and other Gulf of Guinea countries.
“We have provided security analysis for West Africa for more than 10 years,” says Hans Tino Hansen, CEO of Risk Intelligence. “It has always been a complex area with many different types of threats as well as many different types of risk mitigation and legal frameworks. With our report, we provide a clear and comprehensive overview that many maritime operators are looking for.”
The report provides a concise overview of risks related to the use of additional maritime security services in West Africa. For all 18 countries from Senegal to Angola, colour-coded tables provide a quick overview of the current situation, followed by a brief assessment of the efficiency of specific security services against the main threats. In addition, clients have access to Risk Intelligence’s West Africa specialists for questions related to the report, which will be updated every six months.
The cost of the service is 5,000 EUR or 36,000 DKK, which includes two reports (June and December).
Please contact Risk Intellgience for further information.
The end of the year marks an important milestone for Risk Intelligence and for a number of our clients as it is the 9th time they are renewing their MaRisk subscription license - and the 10th time including the first sign up.
Some of these clients were with us from an earlier stage and were part of the initial development process back in 2007/2008. Likewise, they again took part in the development of the new Risk Intelligence System. This process led to the launch of PortRisk in October 2015 and the new MaRisk in April this year.
This anniversary tells me that we must have been doing something right over the years. Well done by the Risk Intelligence staff, who has been pivotal in operating and developing the solution to keep our clients safe. I would also like to thank our clients and partners for their longtime commitment and important feedback - without our close cooperation, Risk Intelligence would not be where we are today. I trust that we will have many more years of cooperation in front of us.
For more information about the Risk Intelligence System (MaRisk+PortRisk) please visit https://new.riskintelligence.eu/
This week on Tuesday 2 August Risk Intelligence launched the weekly Turkey ports & terminals threat assessment report.
Risk Intelligence started this spring to produce a country threat assessment for Turkey on the Risk Intelligence System and eight ports are being added to the System (PortRisk).
Due to client requets, we also prepared the launch of a weekly report (similar to our weekly Libya and Yemen reports). The weekly report covers 12 ports and the Bosphorus.
The report will be published every Tuesday end of business.
For more information please contact us via the contact forn.