RightShip has introduced PortRISK, a new risk management system targeted at improving operational efficiency and decision making for port and terminal operators during vessel pre-arrival preparations.
PortRISK is built on RightShip’s maritime vessel, incident, and business database, including pre-arrival inspections and reviews to expedite operations and offer full visibility of vessels’ risk profiles before they arrive in port.
This new solution reportedly allows operators to mitigate risks more effectively, while enabling optimal resource allocation, berth management, and efficient operating operations.
According to RightShip statistics, half of all maritime events documented in 2022 happened within the borders of ports and terminals, with the bulk of these occurring while ships were docked. This emphasizes the necessity for a sector-specific risk management system that is effective and efficient.
Responding to the launch of PortRISK, Christopher Saunders, Chief Product Officer of RightShip, noted: “Ports and terminals are a key pillar of our global growth ambitions and the launch of PortRISK ensures we are effectively leveraging our data across the full maritime value chain.
“We know that ports and terminals are a hotspot for maritime risk, and developing this first-in-class risk management solution and building on our existing work in the space is a crucial step as we seek to build a zero-harm maritime industry that works for all.”
The system, which is designed to improve supply chain resilience, is totally automated, reducing the labour-intensive portions of pre-selection inspections and lowering the likelihood of interruptions.
Chuck Ho, PortRISK’s Product Manager, stated: “Drawing from our unmatched maritime insights gained from vetting over 600,000 vessels across two decades, we’ve developed an industry-leading solution for ports and terminals.
“Responding to the industry’s need for effective risk management solutions, our focus is on providing customers with timely information and data to prevent delays, mitigate risks, optimise resource utilisation, and enhance overall supply chain resilience.
“We are dedicated to driving operational excellence across the maritime sector and ports and terminals are vital to this.”