Teekay was founded in 1973 by Torben Karlshoej, hence, his initials inspired the company name, Teekay. Under his leadership, the company evolved into one of the most prestigious ship owners and marine operators. Teekay's tanker operations are managed out of Singapore, where they will have direct access to the support of the Risk Intelligence Singapore Office and Analysts.

The Risk Intelligence team is confident that MaRisk + PortRisk delivers top-tier maritime intelligence to enhance Teekay Tankers Security's capabilities. This includes access to regularly updated threat assessments, incident alerts, and the round-the-clock services of the Risk Intelligence 24/7 Duty Watch.

Jim Pascoe, CCO of Risk Intelligence says:

"Teekay Tankers are a great addition to our Singapore client list, with their focus on quality they fit in well with our expanding core maritime cohort. We have been providing ad-hoc security reports for some time now, so to have the endorsement of a Risk Intelligence System license subscription is a great feather in the cap of both our Advisory Services and Analytical teams.  We are looking forward to working with the professionals in the Teekay Tankers team and supporting them in their ongoing successful operations."

Both parties have agreed not to disclose the size of the contract, it delivers revenue as of Q4 2023.

About Risk Intelligence

Risk Intelligence is a security risk intelligence provider delivering security threat and risk analysis to clients all over the world via the cloud-based Risk Intelligence System, as well as consulting services.

A large part of Risk Intelligence's clients is maritime, and these clients currently operate more than 15.4% of the global merchant fleet.

With its headquarters in Hellerup (Copenhagen), Denmark, an office in Singapore, and locations in North America, the dedicated staff of Risk Intelligence works in all major time zones to support their clients' operations. Since 2018, the company has been listed on the Spotlight Stock Exchange in Stockholm.

The Risk Intelligence System is a digital security intelligence solution developed in close collaboration with global businesses that are established within the fields of shipping, offshore, oil and gas. The digital solution is designed based on insights directly from customers and their needs as well as Risk Intelligence's experienced security risk analysts and developers' knowledge of intelligence and assessment needs.

The Risk Intelligence System offers clients a complete picture of immediate, short-, and medium-term security risks for coastal areas, ocean, port, and landside threats. The analysis is focused on insurgency, piracy, organised crime, activism, terrorism, military conflicts, and any interplay between these. Risk Intelligence identifies where serious events arise and presents an assessment of how great the threat is in each area, while at the same time providing 24/7/365 situational awareness with incident reports and alerts. This enables companies to evaluate both current and future security risks in real time and to minimise risks across their operations.

Disclaimer:

Risk Intelligence typically uses press releases to announce new clients or significant expansions of existing client contracts, in accordance with the wishes of those clients. However, there may be other business deals that Risk Intelligence chooses not to or cannot disclose through press releases. All deals classified as MAR will always be announced through press releases.

For more information on services and the Risk Intelligence System:
Please watch our corporate video:Knowing Risk (https://riskintelligence.eu/about-risk-intelligence)