12/02/2024
Boots on Deck! Concerned about Managing Maritime Risk and impacts to international supply chains?
What is your game plan to evaluate risks and threats to develop greater resiliency when selecting shipping partners?
Don’t miss this fascinating episode of Riskology by Infortal™, where hosts Dr. Ian Oxnevad and Christopher Mason discuss managing maritime risk with Joshua Hutchinson, Managing Director of Intelligence and Risk at Ambrey in the UK. We explore what can be done to protect supply chains and mitigate loss of life, loss of cargo, and loss of vessels.
When a package arrives at your door, chances are it was delivered to you at some point by the maritime industry. Yet the world of shipping changed dramatically after the Houthi attacks in the Red Sea last year, representing a scale of attack, including the use of ballistic missiles, not seen outside of wartime conflicts.
To understand the strategic importance of selecting shipping partners, you need to get an understanding of who is behind the deal, different owners and different cultures, and who you’re doing business with internationally.
🛳️ The global economic system heavily relies on maritime shipping.
💡 90% of all global trade travels by sea.
🛳️ From Ukraine to the Middle East and Southeast Asia to Latin America, maritime channels are becoming hotspots of geopolitical struggles.
💡 Significant ramifications exist for global trade and economics.
🛳️ Companies need to understand the geopolitical impact to existing supply chains and develop contingency plans to mitigate their risk exposure and avoid threats.
💡 We break down the difference between managing risk and managing threats in the maritime space.
https://bit.ly/3CX3XBC
The impact of geopolitics on the shipping industry with Joshua Hutchinson, Managing Director of Intelligence and Risk at AMBREY.
