The importance of safe and secure maritime trade in the transportation of oil and petroleum cannot be understated. In recognition of this critical need, a new advisory has been released outlining best practices that industry stakeholders can adopt to protect against potential risks. Whether it's piracy on the high seas, theft, terrorism, or other threats, those involved in the shipping of oil and petroleum must remain vigilant and take proactive steps to protect their ships, crew members, and cargo. In this post, we'll take a closer look at the new advisory and explore some of the key best practices it recommends to reduce exposure to potential risks.
1. The transportation of oil and petroleum in maritime trade is of utmost importance and cannot be underestimated.
2. A new advisory has been released, outlining best practices for industry stakeholders to protect against potential risks in the shipping of oil and petroleum.
3. The risks involved in maritime trade of oil and petroleum include piracy, theft, terrorism, and other threats, necessitating vigilance and proactive steps for protection.
4. Best practices recommended in the advisory include implementing thorough security measures at ports and terminals, conducting regular inspections of vessels and cargo, and enhancing the screening process for personnel involved in oil and petroleum trade.
5. The advisory stresses the importance of establishing strong partnerships between governments, industry players, and international organizations to share information and collaborate on counterterrorism efforts, ensuring safer maritime trade of oil and petroleum.
According to the International Maritime Bureau, in 2020, there were 195 incidents of piracy and armed robbery reported worldwide, with the Gulf of Guinea accounting for 95% of these attacks.
These best practices include implementing thorough security measures at ports and terminals, such as conducting regular inspections of vessels and cargo, as well as enhancing the screening process for personnel involved in oil and petroleum trade. Additionally, the advisory emphasizes the importance of establishing strong partnerships between governments, industry players, and international organizations to share information and collaborate on counterterrorism efforts. By adhering to these recommendations, industry stakeholders can significantly mitigate the potential risks and ensure safer maritime trade of oil and petroleum products.