INTERNATIONAL MARITIME RISK RATING AGENCY

IMRRA’s new white paper 'Decoding the Polar Code'

Why polar code operations need a second line of defense

IMRRA's new white paper makes the case for owner/operators, insurers, vetting inspectors, and the industry supply chain to undertake independent risk assessment of polar operations as a compliment to the requirements of The International Code for Ships Operating in Polar Waters (The Polar Code). The Code applies to new ships constructed on or after 1 January 2017. Ships constructed before that date will be required to meet the relevant requirements of the Polar Code by the first intermediate or renewal survey, whichever occurs first, after 1 January 2018.

The proposed new polar routes give companies an opportunity to reduce their transit times and the prospect to quickly access new markets.

The 'Decoding Polar Code' white paper authored by IMRRA, directly deals with the challenges of operating all vessels in Polar waters as prescribed by The Polar Code. Specifically detailing how you can use the data available to reduce your company’s risk specifically when operating vessels in colder climates.

The opening up of the polar routes offers new commercial possibilities to the maritime industry at large and the oil and gas and passenger vessel sectors in particular. These include dramatically reduced transit times and access to new markets.

Readers can find out more about:

  • The challenges of operating in Polar Regions
  • Using the data to define the risk
  • Industry expertise
  • Making the case for intelligent data use Contextualizing the risks
  • Winterization
  • Understanding differing ice conditions Getting in to the detail

There is also anecdotal evidence of the challenges faced by crews, and the consequences of not applying the possible implications of the risk assessment.

To read the full paper 'Decoding the Polar Code - Why polar code operations need a second line of defence click here