The Maritime Risk Podcast

As the maritime industry faces increasing pressure to reduce carbon emissions and align with global sustainability targets, AXA XL's EEI offers a unique insurance solution. Their new product is designed to cover the additional carbon emissions that result from fortuitous events like course deviations to a port of refuge or repairs, by providing indemnity in the form of voluntary carbon credits.

We will explore how this insurance product integrates with traditional marine insurance offerings, the process of calculating and verifying carbon credits, and the impact of regulatory changes on the demand for EEI. Hanna will also share insights into the challenges and future developments in the field of carbon offsetting within the shipping industry.

Welcome to the latest episode of Shoreline’s Maritime Risk Podcast, where we dive deep into the crucial issues facing the shipping industry today.

In this episode, we tackle the pressing topic of ESG (Environmental, Social, and Governance) compliance and its growing significance in the maritime sector.

Our esteemed guests, Anne Katrine Bjerregaard from the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping and Peter Jameson from The Boston Consulting Group , bring their extensive expertise to the table.

They discuss the newly developed ESG Playbook for Shipping, offering invaluable insights into integrating ESG strategies, navigating regulatory pressures, and leveraging technological innovations.

Tune in to learn how embracing ESG can not only enhance transparency and sustainability but also drive economic value and operational efficiency for your shipping business.

In this episode of Shoreline’s Maritime Risk Podcast, we delve into Shoreline’s newly launched MDCI Client Protection Scheme. In this episode, Shoreline’s P&I Consultant Simon Swallow puts the questions to Shoreline’s CEO Captain Thomas Brown.

Together, they discuss the intricacies of MDCI, its key benefits, how to opt-in to the MDCI Client Protection Scheme, and real-life claims scenarios that highlight the critical importance of MDCI in today's U.S. regulatory environment.

Whether you're a vessel operator or simply interested in maritime insurance and compliance, this episode delivers valuable insights and practical advice on safeguarding your operations against unexpected operational costs and legal challenges and expenses in the U.S..

So, tune in to uncover how Shoreline's MDCI Client Protection Scheme is safeguarding the financial interests of ship owners trading their vessels to U.S. ports in the post Dali era of increased PSC scrutiny.

Join us for our latest episode of the Shoreline Maritime Risk Podcast as we sit down with Simon Swallow, our newest consultant and seasoned P&I insurance veteran. With over three decades of experience, Simon delves into the transformative journey of the P&I insurance industry, discussing key changes, technological advancements, and the future of P&I insurance and risk management. This insightful conversation sheds light on the intricacies of P&I insurance and the pivotal role of P&I clubs in the global maritime industry.

Andrew Sallay

Mr Sallay is the Chief Executive Officer and Co-founder of Reperion. He is an entrepreneur who has founded and headed up companies and projects in Asia for over 15 years across B2B enterprise services, Offshore Oil & Gas Services, and Maritime Transport. Most recently, he has worked with several technology start-ups and ventures raising in excess of US$20 million. He gained an MBA from the University of Chicago and his BA from Swarthmore College, USA.

Jessie Hamill-Stewart

Jessie is a Senior Writer at Reperion, for whom she has written articles relating to maritime cybersecurity, published in The Maritime Executive and Hellenic Shipping News. She is also a Cyber Security (TIPS-at-Scale) CDT (PhD) candidate at University of Bath and University of Bristol, where she researches cyber attacks against space infrastructure. She enjoys public advocacy and has taught undergraduate International Relations seminars.

https://reperion.io/

🎙️ Dive into the intriguing world of maritime cyber security with our latest Maritime Risk Podcast episode! Join us as we welcome Professor Stephen McCombie, an esteemed expert with a rich tapestry of experience spanning policing, academia, and the frontlines of cybercrime and digital forensics.

In this captivating conversation, Stephen unveils the hidden depths of maritime cyber threats, sharing insights from his groundbreaking research and the development of the Maritime Cyber-Attack Database (MCAD).

Discover the shocking realities of cyber-attacks on the high seas today, from NATO ship location spoofing to ransomware incidents that have rocked the maritime industry.

Whether you're a cyber security aficionado, maritime enthusiast, or simply curious about maritime cyber threats, this episode is a must-listen.

Tune in to Episode 25 of Shoreline’s Maritime Risk Podcast and embark on a voyage into the digital unknown – it's an episode you won't want to miss! 🚢💻

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The episode rounds off our short series of educational podcasts which have been recorded to provide our listeners with a deeper understanding of our new MDCI product.

In this the final episode we learn from the lifelong professional experience of George Chalos when defending shipowners and their crews before the U.S. courts and speaks to the value of the legal services we have embedded within the MDCI policy.

Our listeners are walked through a typical claim scenario and will be left in no doubt why it is important for shipowners and their crews to have recourse to the right help and advice when subject to the rigors an expanded USCG PSC MARPOL investigation in the U.S.

In this podcast episode, we invite you to explore the detailed benefits, policy limits, and how you can integrate MDCI into your current Shoreline coverage.

For those listeners new to our insurance solutions, we explain how our flexible premium models are tailored to accommodate your vessel's unique attributes.

Listen now, to discover how MDCI can serve as your protective shield against the risks associated with MARPOL prosecutions in the U.S., that have persisted for the past two decades.

In this very special episode of Shoreline’s Maritime Risk Podcast, we are excited to introduce a new insurance solution, namely, MDCI, which has been carefully crafted to address one of the most pressing challenges for ship owners and their crew trading their vessels to the U.S. today.

After a year of research and collaboration with industry experts, maritime lawyers and marine reinsures at Lloyd’s, we are thrilled to unveil this essential new coverage which will bridge the gap in an owner’s P&I cover when facing allegations of MARPOL violations in the U.S.

Dive in as we uncover the backstory, the need, and the value of this groundbreaking insurance product.

In this episode of Shoreline’s Maritime Risk Podcast, we discuss the main incentives and commercial goals driving hackers to target the maritime industry. We unravel how high-profile incidents, such as the Ever Given's Suez Canal blockage, have created newfound incentives for hackers to exploit vulnerabilities within the sector. Additionally, we uncover the emerging role of AI, specifically ChatGPT, in assisting hackers with sophisticated phishing email campaigns, leading to potential breaches in vessel security.

The potential consequences of cyberattacks on vessels' navigational control and network infrastructure are thoroughly scrutinized, illuminating the alarming risks associated with these malicious activities. Fear not, however,  as our experts share effective strategies and essential measures for mitigating cyber threats in the maritime industry.

Finally, we examine the ethical considerations and challenges stemming from hackers' use of AI for criminal activities, shedding light on the responsibility of AI developers and technology providers in preventing misuse.

Podcast Guests:

Jessie Hamill-Stewart

Jessie is a Senior Writer at Reperion, for whom she has written articles relating to maritime cybersecurity, published in The Maritime Executive and Hellenic Shipping News. She is also a Cyber Security (TIPS-at-Scale) CDT (PhD) candidate at University of Bath and University of Bristol, where she researches cyber attacks against space infrastructure. She enjoys public advocacy and has taught undergraduate International Relations seminars.

Andrew Sallay

Mr Sallay is the Chief Executive Officer and Co-founder of Reperion. He is an entrepreneur who has founded and headed up companies and projects in Asia for over 15 years across B2B enterprise services, Offshore Oil & Gas Services, and Maritime Transport. Most recently, he has worked with several technology start-ups and ventures raising in excess of US$20 million. He gained an MBA from the University of Chicago and his BA from Swarthmore College, USA.

Dr. Dmitry Mikhaylov

Dr. Mikhaylov, Chief Scientific Officer and Co-founder of Reperion, is a cybersecurity thought leader and academic. An official United Nations Expert, he obtained his PhD in Artificial Intelligence and an MBA from University of Warwick. He has co-authored 10 books and has taught or conducted research at 3 universities in the fields of cybersecurity and artificial intelligence. Most recently, Dmitry served as a Visiting Associate Professor at National University of Singapore (NUS Enterprise) and is head of research at the Abu Dhabi Maritime Academy.