Risk management
Identifying threats, improving safety and business
Whatever aspect of the marine industry you are involved with, an
incident or a failure to fulfil contractual obligations can be
costly, both financially and in terms of your business
reputation.
Our risk management services help you to understand the risks
associated with your operations and identify practical solutions to
meet your specific needs.
What is risk management?
Risk management helps you assess the ability of your ships and
marine engineering systems to reach the required levels of
performance. It also enables you to evaluate means of reducing the
risk of failure to an acceptable level.
A risk-based approach can be particularly effective during the
design stage, when you can more easily accommodate changes and
explore alternative design solutions. It can also be employed later
as a means of targeting safety expenditure in the most
cost-effective way.
We offer a range of risk management services including:
- operational risk assessments
- port and shipyard risk assessments
- concept evaluations
- hazard identification and HAZOP studies
- consequence analysis, including ship impacts, fires, explosions
and toxic releases
- escape, evacuation and rescue analysis
- reliability, availability and maintenance management
studies.
What are the benefits?
- Our risk management services enable you to evaluate the
potential risks to your business on several levels.
- They help you to achieve your goals and lower the risk of
business failure.
- The risk mitigation measures we recommend can help you to
minimise the potential for losses.
- A risk-based approach enhances the safety culture across your
fleet.
How does Lloyds Register help?
Expertise and experience
Our risk management services are carried out by a range of
specialists using dedicated tools, including Lloyds Register
Mariner, our marine operational risk assessment software.
We also provide training in risk management and accident
investigation.
What next?
If you would like to progress your enquiry further please choose
one of the following: