Background

Risk Management Solutions

Risk Management Solutions

Risk management is one of several factors that form the basis of maritime freight transportation. It is essential to analyze all possibilities for the safety of the employee, the safety of the cargo, public safety, the safety of the environment and commercial life.

To overcome unpredictability, it is necessary to be able to identify, define and rank the problem in advance. The added value provided by the transportation companies that successfully manage the problems and minimize the risk factor by organizing with the customer when necessary, should be considered as the most important value in terms of cost and time besides all other returns.

As Netamar, we serve as the leading company in the maritime transportation sector. While providing this service, we obtain the solutions we produce as a result of some of our prominent skills.

Netamar Team's Capabilities in Risk Management:

• Identifying and managing risks so that our customers and suppliers we serve can achieve their goals in line with their plans.

• Responding to unforeseen developments with high-level solutions and adapting to new processes.

• To make the fastest and most accurate decisions based on our experience from our traditions and modern and scientific methods.

• To be prepared for potential opportunities and to ensure that our customers and suppliers benefit.

• To provide transparent communication and solutions that will benefit the commercial benefit of the parties.

• To develop solutions that touch the needs of the whole sector by using the constantly developing technology and to provide the accumulation of our experience as a positive return to the stakeholders.

Netamar Maritime Transportation Risk Management

Each transportation operation in the maritime transportation sector has its own unique steps and characteristics. Whether it is a very large-scale transportation or a micro transportation; the evaluation and analysis of each transportation is carried out by the Netamar Team specific to the process.

In addition to the unique evaluation of each project, the Netamar Team makes an extra contribution to the process by applying its own standards. You can send your questions about our processes and the information you want to obtain to our team by clicking here.

Our Risk Measurement Standards

Planning according to a certain risk catalog by categorizing the product or domain subject to the transportation operation on a sectoral basis is widely used by transportation companies.

However, Netamar Project Team has determined that categorizing risks with this type of catalog logic does not measure many hazards. For this very reason, we have our own, scientifically based standards for risk analysis of maritime transportation operations.

Netamar measurement standards are as follows in order:

1. Providing Added Value: Every cargo that needs to be transported has a specific value-added objective. In this context, after examining the product itself, the foreseeable added value returns of the product are determined in line with customer expectations. These values are of vital importance for transportation and must be achieved by an expert team.

2. Identify Critical Components: This is the stage of planning the quality service that supports the return targets of our customers. At this stage, critical personnel, commercial relationships, regulations, cargo characteristics, equipment, quality control processes and supplier practices that are likely to increase the customer's profit are taken into consideration.
Together with the customer, in the event of a possible mishap, it is determined which failures in which step will cause which losses.

3. Identifying Weaknesses: Here the focus is on the weak and less controllable aspects of the product, the shipper, the consignee and the overall transportation destinations. Identifying the aspects that may cause problems is one of the ways to minimize potential risks. Weaknesses of the operation usually take certain forms:

• Processes involving third parties

• Material or information flow gaps

• Limited or mandatory route selection

• High-risk geographical areas (natural disasters and war zones, areas where authorities are dysfunctional)   

4. Making the Possible Scenario: Creating the best planning involves testing multiple scenarios in the light of data that includes different possible options. In this stage, the project's start and end destinations, alternative routes, alternative modes of transport and alternative timeframes are planned.

5. Proposing Solutions: At this stage, the focal points, strengths, weaknesses and alternatives have been identified. Analyses and solutions are developed especially on what the weaknesses are, how they can be eliminated and the disadvantages of these points. In the light of the focal points, the strengths to be emphasized are clearly identified and the risks are tried to be eliminated at the maximum level as a result of these determinations. Analyzing the areas of focus and potential risks will create important opportunities to make the risk predictable, save time, reduce risk and reach the value to be gained. 

6. Controlling Risk Measurements: In maritime freight transportation, the risk measurements of the operation can change instantaneously. These changes can be influenced by many situations such as decisions of the shipping companies, global or regional events, new developments between the shipper and the consignee, etc. At this stage, a risk reassessment is performed on a jointly determined date close to the shipment plan.

Netamar has become the leading company in damage-free and fast delivery in maritime freight transportation thanks to the risk measurement standards it offers in 6 stages.

The operational risk scores of the results of our risk measurement standards are leveled by scoring between 1 and 10 in the context of "Probability of Realization" and "Consequences".