Risk Assessment is a thinking and planning tool used to enhance the decision making process, taking into account the dangers and risks present in day-to-day operation, with particular emphasis on operations that are out of the ordinary or complicated.
- RISK is a combination of the probability that a harmful event will occur, and the severity of the consequences of that incident.
- The consequence of a harmful event or incident may impact on a number of areas
- The health and safety of anyone associated with the ships operation – the crew, contractors, terminal staff, pilots and the public, living or working nearby who may have nothing whatsoever to do with the vessel.
- The environmental Impact (e.g. pollution, noxious gas clouds, noise etc.) and the costs of clean up.
- The damage to property – i.e. the direct costs of repairs to the ship, together with any additional Third Party claims for damage to terminal installations, other vessels, disruption of public services, etc.
- The financial impact – i.e. the costs to the company in dealing with the aftermath of the incident, bad publicity, loss of business, etc., which could ultimately cause the demise of the Company.
The overall risk factor for any given scenario can fall into three following categories:-
- High risk – Operation in this area is only by the express and written consent of the senior management ashore.
- Moderate risk – Operations may be conducted but a constant monitoring of events is to be maintained and all identified preventative and mitigating measures confirmed as being in place.
- Low risk – Operations can be conducted as a matter of routine. They are to be reviewed at intervals.
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