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Teekay signs up to digital security system by Risk Intelligence

Risk Intelligence has announced an agreement with Teekay Shipping for the company’s Risk Intelligence System, MaRisk+PortRisk.

The Risk Intelligence System is a digital security intelligence solution offers customers a complete picture of immediate, short- and medium-term security risks for coastal areas, ocean, port and landside threats. The analysis is focused on insurgency, piracy, organised crime, activism, terrorism, military conflicts and any the interplay between these. Risk Intelligence identifies where serious events arise and presents an assessment of how great the threat is in each area. This makes it possible for companies to evaluate both current and future security risks with the purpose of minimising risks affecting their operations.

With access to the Risk Intelligence System, Teekay will be joining many other shipping companies, operating word-wide, that are assessing security threats and risks based on intelligence and in-depth assessments from Risk Intelligence. Today, 14.7 per cent of the global merchant fleet in international traffic is operated by Risk Intelligence clients.

“We know Teekay has a strong focus on security for their crew, vessels and the situational awareness required to deliver this, and we are therefore proud that they have selected Risk Intelligence as a partner to assist them to do their global threat and risk assessments. It is a testimony to the strength of our offering and our company that we have been able to secure this agreement. It is also a sign that our business is picking up again with several additional new clients in the pipeline,” said Hans Tino Hansen, CEO of Risk Intelligence.

The license agreement provide access to MaRisk+PortRisk through a subscription where the client in advance pays for access to the system for twelve months.

The parties have agreed not to disclose the value of the contract.

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