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MACN survey on corruption risks faced by seafarers

13 October 2022

The Maritime Anti-Corruption Network (MACN) has launched a survey to better understand some of the corruption risks faced by seafarers to make MACN able to better focus its future efforts .

New Wreck Removal Agreement provides optional risk allocation procedure

25 October 2022

The introduction of QRA (Quantitative Risk Analysis) into the contracting process for maritime wreck removal operations has prompted a revision of WRECKSTAGE. QRA is used to assess risk in the operation of an engineering process to inform and guide decisions on the allocation of risk between the contracting parties and the consequent pricing ramifications.