Risk Intelligence Singapore Pte Ltd is responsible for growing the business in Asia and providing service to our growing client portfolio in the region in real-time. Both new and existing clients will enjoy Risk Intelligence's presence in Asia with an even better service, having analysts and duty operation officers available in the local time zone.
Risk Intelligence in Singapore works closely with the local shipping communities in Asia, relevant shipowners' associations as well as governmental organisations to ensure alignment of our products and services to always meet our clients' requirements.
Risk Intelligence Asia market perspectives
The Asian market represents a huge potential for the Risk Intelligence System (MaRisk and PortRisk) with a growing fleet of vessels controlled by owners and operators in Asia, particularly in Singapore and Hong Kong that today ranks amongst the 5 largest ship owning nations in the world. About half of the global fleet of vessels are now controlled in Asia and 4 countries in Asia are in the top 10 of the largest flag states in the world.
The global top five shipowners in terms of cargo carrying capacity (dwt) are Greece, Japan, China, Germany and Singapore. Together, these five countries have a market share of 49.5 percent of the global cargo carrying capacity.
The compliance level as well as an increased focus on global threats and security issues are growing amongst ship owners and operators in Asia as they to a much larger extend than previously are trading their vessels globally and not just in their local Asian market. This is creating a need for better and more accurate systems to evaluate the threats and risk in the global shipping market as well as advice on how to minimize the risk for their individual vessels, which is exactly what Risk Intelligence can offer.
Furthermore, with the extensive in-land transportation network in Asia as well as the strong economic growth and increased trade between the Asian countries (especially ASEAN), there is significant potential in the region for the new LandRisk product to be launched 1 October 2019.
The Asian company name is Risk Intelligence Singapore Pte Ltd, with its office in Republic Plaza, located in Singapore’s central business district (CBD).
Risk Intelligence Singapore Pte Ltd
Level 57 Republic Plaza
9 Raffles Place
Frank M Andersen, Regional Director Asia,
Mobile +65 98371160
Thomas J Timlen, Analyst
Mobile +65 9199 4318
Katie Zeng Xiaojun, Analyst
Mobile +65 9090 0297