Swedish Club kickstarts loss prevention revolution

Swedish Club kickstarts loss prevention revolution

In claiming the next generation of loss prevention has arrived, the Swedish Club has detailed a new pilot project whereby shipowners can now be offered real time personalised loss prevention, tailored to their location, and voyage profile.

Trade Enabling Loss Prevention (TELP) allows The Swedish Club to use a combination of the latest automatic identification system (AIS) technology coupled with data and expertise built up over years to map a risk profile for an individual vessel at every stage of its voyage. It can then provide members and their vessels with timely, tailored advice when they are approaching areas of particular risk.

“TELP is a new generation of loss prevention,” explained Lars Malm, a director at the club, in a release yesterday. “As soon as one of the ships in the trial is flagged as sailing for a destination identified as high-risk, we can send them tailor-made loss prevention advice based on where they are going, the type of vessel they are operating, and the cargo.

The information fed back from TELP can involve problems with pilots or towage, difficulty with Customs or other authorities, navigational challenges in the approach channel, frequent issues handling certain cargoes, weather patterns to look out for, or identifying areas where there have been frequent groundings or collisions.

The information exchange can also go both ways – AIS does not give information on what cargo is being carried, but if the member provides that information then the club can provide very specific guidance and advice relating to that particular cargo.

Whilst the pilot project has a degree of manual involvement, on rollout the service will be delivered to the club’s members electronically through an automatic system.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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