Maritime Risk and Risk Management conference
CBS Maritime hosts conference on ”Maritime Risk and Risk Management”
”Maritime Risk and Risk Management”
This year CBS houses the conference, which has been organized in close collaboration with the Maritime Development Center of Europe (MDCE). It takes place December 5-6 under the title ”Maritime Risk and Risk Management”. For the first time the Blue Research and Innovation conference is organized around a common topic, which it covers from four angles: 1) Financial and contractual risk management, 2) Operational risk management, 3) technical risk management, and 4) regulatory perspectives on risk management.
There are presentations by maritime researchers from Athens University of Economics and Business, Cardiff University, University of Strathclyde and the World Maritime University. Among the speakers is Professor in Finance at the Athens University of Economics and Business, Manolis G. Kavussanos:
”This is the second time within just a few months that CBS Maritime brings Professor Kavussanos to Copenhagen. In October he gave a lecture about financial risk management in shipping to our students at the Cand.merc. programme’s Minor in Maritime Business. At the conference he will speak about the tools and recent developments in relation to financial risk management in shipping. Kavussanos was among the first to study financial risk management in shipping. This is an independent and internationally recognized field of research today, and he was the main driving force behind it”, says CBS Maritime’s Director, Associate Professor Henrik Sornn-Friese.
The conference also offers presentations by a number of maritime companies and organizations: Maersk Maritime Technology, MAN Diesel & Turbo, Lavaretus Underwriting, Cowi, Survey Association, Monjasa, The Danish Shipowners’ Association, Danish Maritime and BIMCO.
Climate and environment
The conference has participation by the Danish Minister for Climate, Energy and Building, Martin Lidegaard, who will present the Government’s perspectives on climate, environment and energy in the maritime industry context:
“The minister’s participation in the conference provides the opportunity to gain insight into the Government’s focus in the area. Considering Martin Lidegaard’s roles and responsibilities as minister for climate and energy it makes very good sense to get the political visions and concrete plans on the table, when we talk about climate, environment and energy in relation to maritime risk management”, says Director and CEO of MDCE, Steen Sabinsky.
A maritime community partnership
The Blue Research and Innovation Conference has the potential, as a common focal point, to link the maritime research and development groups at the Danish universities and in the maritime business community even closer together. The conference is thus highly relevant as a nationwide forum for collaboration in relation to the Government’s maritime growth strategy and its upcoming national innovation strategy. The Government has, among other things, set for the establishment of a maritime community partnership for innovation in 2014 with the working title “Blue jobs from green solutions”.
Sign-up for the conference can be done through the MDCE homepage, where students can also apply for a sponsored “free-ticket” to participate: www.maritimecenter.dk
CBS Maritime was established March 1st this year with a focus on shared value creation in connection to the commercial exploitation of the oceans and seas. It is the purpose of CBS Maritime to coordinate the maritime activities and competencies at CBS and support the development of CBS’ maritime research and education in close partnership with the business community.
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The Blue Research and Innovation Conference
The Blue research and Innovation Conference was established as a follow-up on the Danish Maritime Authority’s maritime growth strategy from 2003 and the subsequent Agenda for Growth published in 2006 by the Ministry for Economics and Business Affairs. It was established with the explicit purpose of creating a cross-disciplinary dialogue forum for maritime knowledge creation in Denmark.
The first conference was held at the University of Southern Denmark in Esbjerg in December 2006 and since then the conference has moved around in Denmark. It was held once at CBS (2007), once at Color Line’s terminal in Frederikshavn (2008), twice at the International Maritime Academy in Svendborg (SIMAC 2009, 2012) and twice at the headquarters of the Danish Shipowners’ Association in Copenhagen (2010 and 2011).