On the up?

Captain Athanasios Vasilakos discusses the role of maritime prevention, safety and security vis-à-vis marine law and insurance for offshore energy vessels

Attempting to safeguard all parties involved in the success of commercial activities in international shipping requires further development of a culture of awareness of the liability regimes, legal issues and principles as well as risk exposure experiences internationally. Pursuing the early gap detection within the legal system and the adaptation of legislation, the further development of risk assessment, risk management and risk mitigation, the implementation and upgrade of strategy for emergency response and the treatment when proactivity fails ensures the improvement of confidence among the investment sector and trust in the insurance sector.