The Maritime Industry distributes goods on a massive scale across the globe. This means that there is a good chance that something that you or your business consumes regularly, maybe even on a daily basis, is available because a goods vessel made the long haul across the seas. However, the maritime industry’s lack of resilience in the face of high intensity disasters and crisis situations has raised a few concerns.
The ten most prominent threats worldwide have been listed below:
- Cybercrimes and loss of data due to theft
- Worldwide economic recession
- Hostilities between countries on a global scale
- Air contamination and rise in particulate content
- Faulty governance
- Human induced damage to the environment
- Inadequate resources or lack of resources without the necessary skills
- Infrastructural insufficiencies
- Natural catastrophes
- Erratic rise and fall in prices of energy commodities
Many of the threats listed above pose a serious threat to the operational execution of the maritime industry – a crucial component of worldwide trade.
A major challenge for emergency teams across the globe is ensuring business continuity across supply chain and logistics. More and more organizations are dependent on third party vendors in a quest to upgrade on performance and productivity. However, this scenario has given rise to issues and concerns specific to the maritime industry.