# Risk Management

  • Initial risk assessment: defining hazards and the corresponding existing measures which are in place; defining risk level for each hazard (severity and likelihood)
  • Final risk assessment: define additional measures in order to reduce the final risk; evaluation of additional measures in the office and implementation if the additional measure is considered to be useful
  • Define contingency measures: measures needed to mitigate the consequences
  • Corrective/preventive actions with complete follow-up
  • Option to conduct extra ordinary risk assessment for any non-standard ship board operation: special handling on urgent basis
  • Distribution of results/reports to the fleet including review option by ship board personnel