Pole Star Space Applications, a leading provider of realtime asset tracking and monitoring solutions, and Risk Intelligence, a security and piracy intelligence specialist, have today announced their strategic partnership.
The companies are working to integrate several solutions, allowing mutual customers to combine the benefits of realtime fleet information with the latest intelligence on piracy and security incidents around the world. The first product will be launched Q1 2014.
“There is a natural synergy between what we do (offering customers fleet information they can use to make decisions quickly) and what Risk Intelligence do (providing maritime companies with the latest intelligence on the location, details and assessment of piracy and security incidents),” said Andrew Peters, CEO at Pole Star. “By combining tracking and piracy intelligence in a single system, we can give our customers more meaningful information that they can use to make decisions quickly.”
“We first collaborated with Pole Star in 2009,” said Hans Tino Hansen, Managing Director & CEO at Risk Intelligence. “Since then our relationship has evolved, and we are pleased to announce today that we will join forces in a strategic partnership to offer our mutual customers some powerful new features.”
“We think our mutual customers will enjoy the benefits that this partnership will bring,” continued Mr. Hansen. “By combining the information that our two companies provide, we can offer something very valuable indeed – actionable intelligence for the routing of ships to avoid current or predicted hotspots.”
For more information, please visit:
Pole Star - www.polestarglobal.com
Tel: +44 (0)20 7313 7400
Risk Intelligence - www.riskintelligence.eu
Tel: +45 70 26 62 30
Today, Risk Intelligence has launched the Gulf of Guinea tanker report at a special security seminar organised by the Norwegian Shipowners and the Norwegian Mutual War Risk Association, who also have been supporting the project.
Pirate networks in the Gulf of Guinea are focusing on product theft from tankers and this relatively new type of crime has evolved into a unique and highly lucrative form of maritime crime in the region. In the first eight months of 2013, some 19 attacks took place against vessels operating in the region. There were 25 such attacks in 2012.
This form of piracy has become very costly. An estimated 117,000mt of product worth approximately $100 million has been stolen since 2010. The human cost of the pirate attacks is also significant. Two crew members on product tankers have been killed and at least 34 have been injured in hijacking related incidents.
“The Gulf of Guinea tanker hijacking report is the first real effort to describe the perpetrators of these tanker hijackings and how companies have dealt with these incidents in order to improve existing countermeasures,” says Risk Intelligence CEO Hans Tino Hansen. “Understanding the networks in the area that support these hijackings is crucial for planning and preparation.”
The report is based on primary sources of information from the region and interviews with shipping companies that have experienced an attempted or actual hijacking.
“We combined all the strengths of Risk Intelligence into one systematic analysis,” explains Hansen. “We have been reporting and analysing these incidents for years, but we added in a significant level of detail from field studies in Nigeria – absolutely essential for understanding what is going on there.”
As a result, the report provides background, analysis and recommendations, and is focused on practical measures that can be implemented by operators in the region.
Detailed recommendations are outlined in the report for shipping companies and crews of product and chemical tankers trading in the area. The recommendations are considered alongside existing guidelines for maritime security, such as the ISPS code and the Best Management Practices (BMP), as well as the interim guidance published by several industry stakeholders.
“The perpetrators have a working template for successful hijackings,” according to Hansen. “And this is not a problem that international naval intervention can solve. Companies operating in the Gulf of Guinea need to take preventative steps at every level of their operations.”
Due to the commercial sensitivities of the companies described in the report the report is only available to Risk Intelligence clients and to selected industry members and stakeholders. Please contact Risk Intelligence for further information.
The maritime security intelligence company Risk Intelligence is joined by six experienced leaders in the maritime industry, who will serve as the company’s board of advisors. The board is led by the former fleet commander of the Royal Navy, Admiral Sir James Burnell-Nugent. The board held its first meeting in London on 11 June 2013.
“The six members bring a staggering amount of experience into the board, from navies, shipping companies, offshore, oil and gas, and classification societies. We are very grateful that they have accepted to join us”, says Hans Tino Hansen, CEO of Risk Intelligence.
Risk Intelligence has set up the advisory board to strengthen the strategic outlook and develop the company.
“This is a great opportunity to strengthen the strategic development of Risk Intelligence. This advisory board brings together fresh input and senior cross-sector experience. We are all very pleased with the contribution of the board that has been assembled”, says Sir James Burnell-Nugent.
Risk Intelligence provides services to the shipping, offshore, oil and gas and insurance sectors, as well as government agencies and defence departments in more than 20 countries. The company is described as one of the world leaders within maritime-related security intelligence, with its clients operating more than 12% of the world fleet.
The board consists of the following members:
• Admiral Sir James Burnell-Nugent, former Commander-in-Chief Fleet, Royal Navy - Chairman
• Vice Admiral Kevin Cosgriff, (Rtd), US Navy, former Commander NAVCENT
• Rear Admiral Torben Orting Jorgensen, (Rtd) , Royal Danish Navy, General Manager, Maersk Broker
• Rear Admiral Pieter Kok, (Rtd), former commander Dutch Surface Fleet, Royal Netherlands Navy
• Captain (N) Thomas Weik, (Rtd), US Navy, former Senior Surveyor, Det Norske Veritas (DNV)
• Captain David Cotterell, Managing Director, OCIMF
Member bios as well as pictures can be found here.
Executive presentation at Break Bulk Europe in Antwerp highlighted specific threats to the Multi Purpose Vessel operators
On 16 May 2013 Risk Intelligence's Chief Analyst Nis Leerskov Mathiesen gave an Executive presentation for attendants at the Break Bulk Europe conference.
The current development of Kidnap/Ransom tactics off Nigeria is of particular interest for companies operating Multi Purpose Vessels as these are disproportionately represented in the area and are actively targeted.
On the Horn of Africa, the piracy threat has definitely declined and although the pirate infrastructure remains in place, there are several opportunities for moving Break Bulk cargo in the region.
The presentation can be seen here.
Risk Intelligence's Nis Leerskov Mathiesen will be giving a presentation on the 8th annual Break Bulk Conference in Antwerp.
The presentation will focus on the world-wide threats to maritime businesses, with an emphasis on the Break Bulk market.
See more on the Break Bulk homepage.