It is well kown that Risk is one of the key elements that should be addressed in either ISM or TMSA. ISM requires the establishment of safe guards against all identified risks, while TMSA 1.0 includes 17 new Risk related requirements and also ISGOTT 5.0 includes 11 new risk related requirements as well.
Marine Risk Manager is a software solution designed to help users define, assess and respond to operational risks. It supports different types of ships and nature of operations. Using the MAST Risk Manager, you can clearly demonstrate compliance with ISM, ISPS and TMSA risk assessment requirements.
Marine Risk Manager addresses the need for establishing a practical risk assessment system that manages the process of identifying operations and their potential hazards, evaluating initial and residual risks, and defining the existing and additional control measures for all identified risks. It enables users to execute a risk assessment quickly by using references and look-ups containing system generated values and company defined risk matrix. The risk assessment will then be made available to shore staff, along with risk ratings and progress for the entire fleet. All risk assessment history is stored for record keeping, where users can view the audit trail of actions taken and risk status.
Marine Risk Manager enables users to determine the area in which operational controls can be implemented or improved for reducing risks related to the operational safety and security on vessels. In the long run, Orion’s Risk Manager can substantially reduce hazards that are associated to risks, increase asset efficiency with fewer breakdowns, and reduce costs by preventing injury, loss or damage. The MAST Risk Manager also helps in standardizing the risk assessment process across the company’s fleet.