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Vessel Risk Rating
Vessel Risk Rating Hero

Trust us to rate your risk

Piracy, robbery, hijacking, fire, mechanical failure, port detention: commercial vessels face a wide variety of risks on shipping routes worldwide. How high is the potential risk for your vessel? Read on to find out why you can trust us to provide you with a risk rating that is unique in its comprehensiveness.

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Why our risk rating is unique

The risk rating we provide in close collaboration with the International Marine Risk Rating Agency (IMRRA) is not just a desktop survey. These risk ratings are not just derived from algorithms. All the data is interpreted in detail by expert analysts before the final risk rating is compiled. What also makes us unique is that an IMRRA risk rating covers the vessel operator and their fleet, and not just the vessel in question.

How our risk ratings are compiled

IMRRA has a commercial intelligence network covering 8,000+ vessels and six researchers who are constantly reviewing, updating and extending this database. Each data set is aggregated and assessed using IMRRA’s statistical regression analysis tool and then further analyzed by a specialist researcher.

The methodology is as comprehensive as it is competent

  • Each vessel is rated by age, class and type
  • Over 1,000 vessels are assessed every month
  • Individual vessel risk is calculated against the fleet average

The vessel risk rating is derived from the following components

  • Static risk factors associated with long-term risks that remain constant over time
    • Vessel particulars
    • Classification Society’s performance
    • Company’s operating history
    • Casualty history and incidents
    • Insurance claim history
  • Dynamic risk factors that change in their frequency and severity plus an assessment of an organization’s risk management processes
  • Verified risk factors analyzed using IMRRA’s forecasting and prediction tool: the analysis of data collected indicates improvement or deterioration in vessel operation and management
  • Human factors verified RA information and vessel operator verification audits

In other words, the risk rating you get is a combination of existing and potential negative ratings that affect a vessel’s overall operational risk and safety, as well as human factors in vessel and operator risk management. Then a regression analysis tool and a widely used forecasting and prediction technique is applied to estimate the relationships between the variables.

This uniquely comprehensive analysis is the reason why you can trust us to deliver the best risk rating for your vessel.

What’s next

Download a Sample Risk Rating Report to evaluate what you will get and see our Help Desk article, to find out how to order a Risk Rating Report for a specific vessel.

Custom Risk Report Inquiry

If you need a large number of Risk Rating Reports for a lot of vessels, or have a custom inquiry, just get in touch with us.

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By purchasing a vessel Risk Rating Report, I agree to the following Terms and Conditions.

  1. Each vessel Risk Rating Report is provided by International Maritime Risk Rating Agency (IMRRA) and may be used for informational purposes only. You acknowledge you have read, and agree to abide by the terms and conditions set forth in this notice. By purchasing a report, you agree to the Term & Conditions listed below.
  2. FleetMon provides Services and value-added Content related to shipping and the maritime fields. It gathers information from a variety of internal and external sources to produce its Content. Some of these sources are driven by partners and are, hence, beyond the direct control of FleetMon. Although striving for the best results with commitment and diligence, FleetMon cannot make any representation of the continued availability, accuracy, correctness and quality of Content and information derived, or their fitness for any particular purpose.
  3. FleetMon optionally offers Services for the access and use of which over a certain period of time a fee is charged (Paid Services). These Paid Services are prepaid and non-refundable. The fees will be billed from the date you elect the Paid Service. Access and use are governed by the version of these Terms current at the date of purchasing. FleetMon may change the fees and charges in effect, or add new fees and charges from time to time, but will give you advance notice of these changes.
  4. You further agree to comply with all local laws, regulations and rules regarding online conduct and acceptable Content. You represent you have the legal authority to accept these Terms of Use on behalf of yourself or any party you represent.
  5. By purchasing a vessel Risk Rating Report, you permit FleetMon to forward all order information you provide to IMRRA (marinerating.com) to generate your report.
  6. Although IMRRA provides certain encryption in an effort to protect the electronic transmission of Information that you submit, IMRRA does not guarantee the security of any information transmitted to or from the site. You understand and agree to assume the security risk for any information you provide using the site.
  7. Except for the personally identifiable information relative to you, any information you do send to IMRRA through the site will be deemed NOT to be confidential.
  8. The materials in The Report may contain inaccuracies and typographical errors. IMRRA and/or FleetMon do not warrant the accuracy or completeness of the materials or the reliability of any advice, opinion, statement or other information displayed or distributed through the site. You acknowledge that any reliance on any such opinion, advice, statement, memorandum, or information shall be at your sole risk. IMRRA reserves the right, in its sole discretion, to correct any errors or omissions in any portion of the site. IMRRA may make any other changes to the site, the materials and the products, programs, services or prices (if any) described in the site at any time without notice. This site, the information and materials on the site, and the software made available on the site are subject to any applicable statutory warranties or legislative provisions which cannot be excluded.
  9. A requested Risk Rating Report will be processed within 12 hours upon submission of the relevant form on the basis of information available in the industry databases on the date of the request. Before further processing, we may advise you to provide additional information if required for a comprehensive assessment and/or rating results.
  10. The updated Risk Rating results will be sent to your email address stated in the request form, uploaded to this website and to databases of oil majors participating in the project.
  11. The information changes constantly, thus the dynamic information used for rating risks of the shipping industry is always liable to become out-of-date. For this reason, we recommend that you take professional judgment before embarking upon any course of action (or omitting to take any action) that has or may have legal implications. We do not warrant, represent or guarantee:
    • The accuracy of the information published
    • The completeness of the information published on this website
    • That the information published on this website is up-to-date;
    • Or the information on the website can be applied to achieve any particular result.
  12. To the maximum extent permitted by applicable law, we exclude all representations, warranties and guarantees relating to this website and the use of this website (including, without limitation, any warranties implied by law of satisfactory quality, fitness for purpose and/or the use of reasonable care and skill). You acknowledge that some of the information used for assessment or published on this website is provided by the industry, our partners and other third parties and that we do not usually approve or take responsibility for such information.
  13. You agree to the publication of risk rating results relating to your vessel or company on our website. You acknowledge that the published results may be critical to your business, and you agree that you will not hold us liable in respect of any such publication.
  14. Unless otherwise stated, we or our licensors own the intellectual property rights in the website and material on the website. Subject to the license below, all these intellectual property rights are reserved.

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