Charterers and terminals in the wet trades are operating in an increasingly unforgiving risk environment. A single vessel incident today can trigger cascading consequences — from insurance disputes and environmental liabilities to supply chain disruption and reputational damage.
What was once viewed primarily as a safety and compliance function is rapidly evolving. Marine assurance decisions are now being examined through a commercial risk lens, with implications that reach far beyond the operations team.
In a recent webinar hosted by S&P Global and RightShip, When Marine Assurance Becomes a Commercial Decision: Insurance, Liability and Business Risk, industry experts explored how vessel vetting is evolving and what this means for organisations operating across petrochemical, chemical, and energy supply chains.
We heard from:
Together, the panel unpacked how vessel risk is changing, why assurance decisions increasingly influence commercial outcomes, and how data and technology are reshaping the way organisations evaluate risk.