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Maritime Industry Unprepared for High-Impact Global Risks

November 1, 2018 Leave a comment DRI Admin

If the maritime industry makes up even a small part of your supply chain, brace yourself: a new industry report has examined the impact and likelihood of 17 major global risks – and the ones it’s least prepared to handle are the same ones that could have a profound effect.

The Global Maritime Issues Monitor 2018, published by the Global Maritime Forum, surveyed stakeholders across more than 50 countries worldwide on impact, likelihood, and preparedness on currently trending challenges. The top 10 major issues, ranked by likelihood:

  1. Cyber-attacks and data theft
  2. Global economic crisis
  3. Geopolitical tension
  4. Air pollution
  5. Governance failure
  6. Man-made environmental disaster
  7. Workforce and skill shortages
  8. Failure or shortfall in infrastructure
  9. Natural environmental disaster
  10. Energy price fluctuations

Unfortunately, it appears the maritime industry doesn’t have faith in its preparedness, with 13 of the 17 issues scoring less than 3 out of 5 (Very prepared). Some familiar risks that scored as under-prepared: Cyber-attacks and data theft, man-made environmental disaster, failure/shortfall in infrastructure, and natural environmental disaster.

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