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Maritime Intelligence Risk Suite (MIRS)

Shield your business from maritime risk.

Threats at sea are pervasive, from geopolitical crises and global money laundering to cargo theft, piracy and crew kidnappings. These risks pose a huge challenge to marine insurers, finance institutions, banks, governments and any business with global supply chains. To minimize your risk exposure and maximize operational efficiency, you need data and insight you can trust.

The Maritime Intelligence Risk Suite (MIRS) integrates the world’s largest maritime database, real-time ship movement tracking software, and a newly developed risk events database to provide a one-stop maritime risk mitigation solution. MIRS delivers the tools you need to:

  • Reduce maritime exposures
  • Make informed underwriting decisions
  • Carry out compliance checks on ships and their seven levels of ownership
  • Comply with anti-money laundering laws
  • Establish strong domain awareness

MIRS supports your business needs

Insurance

Chief underwriting officers and marine actuaries use MIRS to:

  • Vet customers and forecast potential risks
  • Conduct ship and ownership research
  • Monitor port state control events
  • Identify ownership levels
  • Monitor ships in high-risk zones
  • Search casualty and risk events

Compliance

Bank compliance departments use MIRS to:

  • Conduct essential day-to-day sanctions screening
  • Undertake ship and ownership research
  • Print compliance support documents
  • Monitor and receive alerts for ships calling on sanctioned countries

Domain Awareness

Ship-owners/managers, financial institutions, port authorities and national security officers use MIRS to:

  • Identify, monitor and forecast security risk
  • Verify ships in their waters
  • Pinpoint ships in high-risk areas
  • Monitor mid-ocean/coastal areas and ports
  • Monitor ships in custom-designated zones
  • See live and historical ship tracks
  • Obtain piracy and security intelligence
  • Conduct risk event analysis

Use this interactive image to explore the data points you receive with MIRS

MIRS Capabilities and Benefits

Automated Alerts

Keep up to date with casualty incidents worldwide through email alerts that provide reported incidents (unverified by IHS Markit)

  • Risk event alerts – Casualties, piracy and pollution notifications

Get system notification/email alerts when a ship of interest, customer fleet, or any ship enters, exits or is headed for a volatile/sanctioned location or poses voyage risk or policy infringement/compliance risk to your business

  • Ships entering/exiting high-risk areas
    • JWC Oceanic Zones
    • JWC Territorial Zones
    • Sanctioned Countries

Monitor suspicious ships entering your port or vessels coming from high-risk ports

  • Port – Get notification when a ship changes its destination to your port(s) of interest or arrives/departs a specific port


Receive alerts for changes regarding your WatchList ships or ships entering/exit designated zones
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Maritime Ship/Owner/Port/Shipbuilder Intelligence

See the risk rating for a ship’s last, current and future port of call

  • Ships – Last port risk rating
  • Ships – Current port risk rating
  • Ships – Future port risk rating

Quickly see a ship’s involvement in any MIRS-recorded events during past 12 months and assess the severity

  • MIRS events involving ship past 12 months


See a ship’s recent, current and future port calling risk
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Undertake ship and ownership research
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Easily upload multiple IMO numbers to perform targeted analysis
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Analyze world fleet by ship type, age, retirement year and nationality
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View a company’s ship by ship type, ship age or flag
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High-Risk Event Map Layers with Ship Tracking

Visualize high and low-risk areas

  • Risk events layer

See ships in or near high-risk areas

  • Joint War Committee Zone layer

Track vessels operating in restricted areas for compliance monitoring

  • Office of Foreign Assets Control (OFAC) or sanctioned countries layer

Filter event results to visualize specific events, ship types involved and incidents over time

  • Events – Risk event type, event age, ship type, pollution occurred

Filter ships based on port risk rating, visualize/list ships with calls to sanctioned countries, see ships in JWC war zones or sailing close to or headed toward OFAC countries

  • Ships – Risk rating of last port/destination port
  • Ships – Sanctioned country calls in past year
  • Ships – In war zone, proximity to OFAC-sanctioned countries, destination sanctioned country

Filter map to view ports with low extreme risk ratings, understand port risk by country/region, get total risk or specific risk score for ports

  • Ports – Total risk rating
  • Ports – Specific risk rating (civil unrest, terrorism, war)

Visualize port risk ratings by color and calculate ship distance to any point on map

  • Map – Show port color by risk rating and distance tables


Verify the ships you do business with are not on the OFAC list
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Profile high-risk ships/routes to secure your domain
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View color-coded map of port risk by country and region
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Risk Event Intelligence and Map Layers

Search and filter all/specific events to see types of casualty, piracy and pollution events, vessel type and geographic locations for understanding risk factors when building risk models for policy premiums/benchmarking

  • Events Search

Conduct event analysis by type and date

  • Event Type – Casualty, piracy, pollution
  • Event Date

Identify if pollution involved, casualty type, external item involved, piracy significance

  • Incident – Advanced search option

Identify profiles of ships that carry high or low risk ships by searching for events involving specific ship types with specific flats, DWT and GT, so you can set premiums for ship type groups/age

  • Ships – Advanced search options

Search for events using a map selector by zone or Marsden grid to identify historical high/low-risk areas

  • Locations – Advanced search option

Display up to 12 data fields in search results, analyze results and export data into your own systems or reports for risk modeling or analysis

  • Choose from 26 possible data fields
  • Export data as .txt, .csv and .xlxs

Quickly view ship details and owners identified in your search

  • Link events results to ships list/owners list

Create interactive charts to include in your risk research or analysis, with options to print or download charts as a .jpg, .png or PDF

  • Analysis view of your search results

Analyze events by specific criteria of interest

  • Analyze events by flag (selected list), owner nationality, ship type, ship age, year


Search risk events by ship flag, owner nationality, ship type and ship age
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Visualize risk events on interactive map
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Customer Testimonials

Hydor AS

Minimizing exposure to risk and maximizing operational efficiency is a key requirement for Hydor AS. Hydor AS selected the Maritime Intelligence Risk Suite (MIRS) to help identify maritime threats and understand operational risks.

With its broad capability the MIRS solution ensures that sanction checks and screenings of commercial and legal company backgrounds can be conducted now quickly and accurately with the highest confidence and thus is a real game changer for Hydor AS in respect of cost and time efficiency.

MIRS allows for economy of effort when conducting our checks as it integrates the world’s largest maritime database, real-time ship movement tracking software and a risk events database into one platform, thus negating the necessity to navigate through a number of different platforms and allows for a quicker underwriting decision to maintain competitiveness.

Bert Wardetzki, Manager at Hydor AS

Industry Success Stories

Experts

George Devereese

Mr. Devereese started working at IHS Markit in February 2020 as the Maritime Risk and Compliance Product Manager tasked with developing IHS Markit's Maritime Solutions including the Maritime Intelligence Risk Suite (MIRS) and Maritime Portal. Mr. Devereese is an ex Royal Naval Officer. He joined the Royal Navy in 2007 and after passing out of Britannia Royal Navy College he served as a Warfare Officer in a number of hull types including Aircraft Carriers, Destroyers, Frigates & Minehunters in global waterways. He conducted tours in the Indian Ocean, Red Sea, Gulfs of Oman and Aden conducting anti-piracy and maritime interdiction operations as well as serving in the Fishery Protection Squadron in UK waters and trained as a Mine Warfare Officer. He also served as Officer in Command Rear Party Afghanistan for OP HERRICK 15 and Battle Watch Officer for Combined Maritime Force in Bahrain. He transferred to the Reserve List in 2013 where he served with the United Kingdom Maritime Trade Operations until 2015. He has subsequently been granted Associate Fellowship of the Royal Institute of Navigation and the Freedom of the City of London and is a Liveryman of the Worshipful Company of Shipwrights. Since leaving the Royal Navy he has continued to work in the maritime sector, both for commercial liners as Deputy Designated Person Ashore / Company Security Officer focusing on internal safety and security inspection of the Fleet and latterly in the Lloyds and London Maritime Insurance Markets as a claims handler and then in the P&I market as Senior Loss Prevention Executive for an International Group Club.

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