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Industry specialisation
 
Whatever industry you are in, we can provide innovative solutions to help identify and analyse unusual risks. Two industry sectors that have particularly benefited from our expertise are maritime and energy.  Both have ever-changing dynamics, and both have global markets.  These attributes, amongst others, make the identification and understanding of uncertainty particularly important.  Our experience in these sectors will help guide you to your objectives.  Even if you are not in these sectors, please read on; you may find that some of the issues involved cross over to your industry.
 
 
Maritime

Sea transportation, together with the associated global infrastructure of shipyards and ports & terminals, form the components of an industry that is perhaps the world’s oldest and certainly one of the most capital-intensive.  Globalisation of the maritime industry has its roots several centuries ago, helping to make the expansion of trade and the carriage today of more than 90% of the world’s cargo a reality.  However, such a multidimensional industry remains complex, volatile, and ever evolving, posing considerable risks for those actively engaged in it.

Not only do we understand the dynamics of the maritime industry, but we also have an in-depth knowledge of the risks inherent to the industry. Via a thorough analysis of your positioning in the industry, we can develop the understanding that will enable you to manage uncertainty more effectively and more economically, providing innovative solutions that are based on what your needs are, and helping your business to grow and prosper.

 

Click here or on the link above to see more detail of our approach and understanding to maritime risk management.

 


Energy

Sometimes seemingly marginal corporate decisions have significant ramifications. As expectations are raised for the future price of crude, the decisions that the oil majors make will have a bearing on the relationship between the West and the Middle East. Projects that were economically unfeasible at $30 per barrel now look lucrative. The higher reward makes the risk of venturing into places such as Iran and Iraq more palatable.

 

It also makes economic sense of previously unconventional investments, such as oil sands projects. By turning to unconventional oil assets, the world is signing up to burn, potentially, double the hydrocarbons that are currently available in conventional oilfields. Much of that will be used in the development of new power generation facilities; either replacing nuclear power in the West, or slaking the thirst of the hungry dragon, China, for energy supply.

 

Whether considering the strategic options, planning a project, or wanting to ensure that your operational uncertainties are optimised, Renaissance Risk can help. Click here or on the link at the top of the page to find out how.