Product

Risk Services

Risk & Safety

All our engineering and design services are underpinned by our integrated risk management services for the offshore and maritime industries.

Drawing on experience from across the business, we provide a fully integrated approach to risk, incorporating diverse teams, best practices and specialist tools.

Risk Management

Risk Management is an element in all projects and operations. The development and employment of strong risk tools and applications for effective risk management is an essential part of our overall strategy, which allows us to work more efficiently, and enhances the quality and accuracy of our deliveries.

COMPLIANCE ASSESSMENT

Compliance with local requirements poses a significant risk for companies operating offshore. Our risk and safety department has developed a compliance assessment tool, which helps a unit or organisation deliver consistent, high quality audits and compliance analyses.

The compliance assessment tool enables the compliance assessor to take a quick snapshot of an organisation’s level of compliance. By calculating a score, the tool reveals fundamental gaps that need to be addressed to increase the efficiency and performance of the organisation, unit, or project in question.

The tool features an application that addresses the following requirements and standards:

  • PSA requirements and guidelines
  • NORSOK Z-013 - risk and emergency preparedness assessment
  • UK based unit specific safety case
  • IADC HSE case guideline for MODUs
  • ISO 31000 - Risk management
  • Acknowledgement of Compliance (AoC/SUT)
  • IMO's ISM code
  • Norwegian Maritime Authority requirements

PROJECT RISK

Projects mobilise resources and competencies to bring about strategic change, create competitive advantages, and achieve the organisation’s strategic objectives.

We take a systematic and holistic approach to considering risk and opportunities in your projects. Our approach builds on risk assessment methodology from workshops with trained moderators. We observe qualitative and quantitative risk (and opportunity), based on an existing risk breakdown structure. We take structured opinions from specialists into account, and rank and visualise risks and opportunities before we develop recommendations.

RISK FRAMEWORK

Our risk framework services help clients establish and improve management processes in general, and risk management processes in particular. Risk framework refers to an organization’s risk management system, including practices and formalized principles, processes, procedures, adherence, tools, and methods. Our risk team provides services and tools to map the current performance of an organization’s risk management, as well as to give advice and present solutions for efficiently improving risk management performance.

Our risk team has a wide variety of practical experience, including offshore operations, management of HSE and risk in large organizations, and the establishment of management systems in large, globally leading organizations.

MAJOR ACCIDENT RISK and BARRIER MANAGEMENT ASSESSMENTS

Barrier and major accident risk management are hot topics in the offshore industry, where many organizations struggle to establish efficient procedures, methods, and tools to manage and measure their performance in this area. Global Maritime has developed The Global Maritime barrier management protocol, which describes what an organization exposed to major accident risks should have in place. The protocol has been implemented into the Global Maritime compliance assessment tool.

Our highly experienced team applies Global Maritime’s standards and tool to assess, improve, or document the performance of any organization’s barrier management.

FEASIBILITY STUDIES and CONCEPT SELECTION

There are great benefits to be gained from an early introduction of risk assessments in feasibility studies, and in the concept selection phase of a project. This is why we work with our clients from an early stage on, to choose the right concept and solution.

Global Maritime has developed risk based concept selection, to efficiently select and verify the best possible solution for our clients. Our method incorporates the establishment of decision criteria together with our clients at an early stage of the project. This is followed by workshops based on Structured What If (SWIFT), HAZID, or HAZOP methods, to assess and select feasible concepts. As concept descriptions, engineering, and project scope and schedules advance, we go into more depth with targeted quantitative modelling and studies, in order to describe and manage the risk and ensure that the best technical solutions and operational plans are selected in a timely and efficient manner.

Global Maritime provides services, methods and tools to prove solutions and concepts. We also strive to arrive at these solutions and concepts more efficiently.

EMERGENCY PREPAREDNESS

Are you confident that money spent on emergency systems gives your company sufficient value for money? In a growing market, a company’s internal emergency systems and procedures often tend to escalate in terms of costs and complexity. We believe it is possible to maintain the same emergency preparedness efficiency while restructuring vital cost generating elements in your emergency preparedness system.

Our highly qualified personnel combines practical hands-on experience with advanced academic proficiency. We are confident that we can assist your business in obtaining the optimal balance between risks and business sustainability. Global Maritime provides key business decision input for evaluating your emergency preparedness system.

Drawing on experience from across the business, we provide a fully integrated approach to risk, incorporating diverse teams, best practices and specialist tools.

Relevant acquired tools include:

  • BowTieXP
  • Pertmaster
  • MatLab
  • @Risk
  • Phast
  • Miriam RAM Studios

Global Maritime also uses 6 in-house developed specialist software for risk specific needs. 

Read more about our Risk Tools here: Risk tools

Mission Critical Systems

Global Maritime’s mission critical systems group specializes in risk reduction and assurance for industrial equipment and systems. Applying the latest industry standards, we work hand-in-hand with clients to identify and control vulnerabilities and hazards, maximizing safety and minimizing downtime.

Areas of expertise include:

  • Topside Drilling Equipment;
  • Subsea Systems;
  • Hoisting Equipment;
  • Umbilical Pipe Lay Systems;
  • Jacking Systems;
  • Bow Loading and Cargo Handling Systems;
  • Anchor Chain and Cable Spooling Equipment;
  • Anti-Heel Systems;
  • Seismic Survey Equipment;
  • ROV

Marine Control Systems

Global Maritime’s Marine Control Systems ensures that hardware design and software systems work to their maximum potential.

Services include:

  • Enhanced System Verification (eSV)
  • Hardware In the Loop (HIL)
  • Testing on DP systems
  • Testing on Power Management Systems (PMS)
  • Testing on Steering, Thruster and Propulsion systems (STP)

We combine feedback from FMEA studies with a three-stage HIL test that verifies and validates the software.

Risk in Design

Design and construction of rigs, vessels, or offshore structures entails considerable potential risk. This risk must be managed at an early stage to avoid significant delays, or costly changes to the design or construction, and to ensure efficient operation of the unit. Offshore construction projects are time-to-market sensitive, and delays, whether due to poor design or non-compliance with authority regulations, could have significant impact on profitability, contract obligations, and operational efficiency.

Global Maritime provides the expertise, experience, and tools required to carry out risk assessments during any project phase (concept, design, or construction), to ensure short time-to-market and efficient operations.

Services include:

Technical Safety

Technical safety engineers are normally involved in the study and engineering phases, to ensure that important safety requirements are included in the design. Our experienced engineers are able to provide engineering support to ensure that various systems meet regulations and company requirements.

Risk Analysis - QRA and SAFETY CASE

To be able to ensure and document safe and efficient operations, we apply different, unit specific risk assessment techniques, including:

  • Detailed quantitative risk assessments
  • HSE studies
  • TRA, QRA, and EPA (based on Norwegian PSA regulations)
  • Safety case development, based on UK-HSE regulations and IACD Guideline
  • Written Scheme of Verification
  • Barrier assessments and major accident risk management
  • Unit relocation assessment and due diligence
  • Norwegian Maritime Authority assessments
  • IMO, ISM, and ISPS code assessments

FIRE & EXPLOSION RISK ANALYSIS (FERA)

Fire and Explosion Risk Analysis (FERA) involves quantification of the probability of accidental fire and explosion events, and their consequences. Impact on personnel and installations is predicted according to type of consequence (fire, explosion, smoke, and gas), and its likelihood to occur.

Simplified approach:

Using PHAST, we can conduct fast estimates of gas or exhaust dispersion, radiation from fires, and explosion.

Detailed simulation using CFD:

To look further into the consequences, we offer detailed simulations of Computational Fluid Dynamics (CFD). These analytical studies provide more accurate information than PHAST calculations, but are more time consuming.

Risk in Operations

All types of operations involve some degree of risk. When operating in environments with many variables, as in marine operations, risk must be assessed and managed efficiently. Our risk experts collaborate with our marine operations department to give pragmatic advice in the development of solutions, and to safe-proof and risk-minimize operations. We provide multiple services related to marine operations.

COLLISION RISK & IMPACT STUDIES

A major risk in marine operations is collision between a unit and vessels or other objects. In collaboration with our marine masters, we provide methods to determine optimum solutions, and to reduce and document collision risk in all types of operations. Our area of expertise includes models and dynamic positioning operations close to offshore installations, or to floating units.

DROPPED OBJECT RISK ASSESSMENT

A dropped object risk assessment quantifies the risk caused by accidentally dropped object loads on subsea pipelines and other assets located within the safety zone. The estimates from the assessment permit decision makers to understand dropped objects risk (with reference to risk acceptance criteria), and to find the most efficient risk reducing measures.

Dropped object risk assessment is an important component in the evaluation of risk to submarine pipelines and other subsea assets. It is based on standard methodology described in the recommended practice, DNV-RP-F107 (October 2010).

As a global industry leader in marine and offshore technology, Global Maritime focuses on marine operations, dynamic positioning, vessel systems, naval architecture, crane operations, and structures. Our risk engineers have extensive knowledge and understanding of the behaviour of dropped objects in the sea, and the impact they can have on submarine pipelines and other subsea assets.

OPERATIONAL EFFICIENCY & RAM STUDIES

Operational Efficiency and RAM Studies concerns ensuring high production performance in the most cost-effective manner, whilst maintaining a high level of safety and quality in any given industrial operation. This is achieved by combining multiple uncertainty modeling methods and engineering disciplines to ensure optimum design solutions and operational concepts.

Operability assessments provide vital input in the planning and execution of marine operations, and aim to efficiently manage operational risk. Based on site specific weather data, operational limits, and a detailed description of the operations, operability assessments give important information about potential downtime and feasibility of complex and critical operations.

Global Maritime's risk engineers have experience from a wide range of challenges related to optimising operational efficiency in the oil and gas industry.

Global Maritime OPSIM and Miriam RAM Studio are tailored to predicting operational efficiencies and managing uncertainties in complex marine operations combined with process limitations. By combining these tools we are able to give our clients optimal solutions to their challenges.

RISK BASED INSPECTION

Risk Based Inspection (RBI) analysis is a structured approach that makes the best use of available resources to assess, mitigate and monitor the risks associated with the failure of a structure. This methodology is used to locate and schedule inspections of structures, based on degradation mechanisms and consequences of failure.

Risk Surveying & Engineering

Global Maritime, through its´ Risk Insurance Services team, is able to offer a range of risk surveying and engineering services for the international insurance market.

Our team comprises a highly experienced group of surveyors and engineers which enables us to survey and report on a wide range of risks, including energy, power, construction, shipyards commercial & industrial facilities, as well as other premises such as shopping malls and palaces.

These services range from individual in-depth risk surveys through to large scale survey operations of entire portfolios of risks, plus the provision of reports to assist in placing additional insurance or reinsurance in a variety markets.

Our risk management systems cover the provision of risk matrices, categorization and underwriting systems to assist in market development, management and improvement of risks, with a view to minimizing insurers' exposure.

We are able to offer associated supporting services including compliance of risk improvement recommendations and the like, plus large scale risk program management systems.

Contact Our Experts

All our engineering and design services are underpinned by our integrated risk management services for the offshore and maritime industries.

Contact our Experts

Relevant experience

Related articles
Polar Cruise Vessel
Polar Class Expedition Cruise Ship - SRTP (Safe Return to Port) Assessment
by Global Maritime  |  April 3, 2019

Global Maritime has done another Safe Return to Port ...

ext-8
Global Maritime working together with The Ocean Cleanup
by Global Maritime  |  March 5, 2018

The Global Maritime team is being managed by Hannah ...

Bilde87
DEMOGRAVI3
by Global Maritime  |  October 2, 2017

The project was a EU funded development project managed by ...