DEVELOPING COMPLIANCE AND LOSS CONTROL SOLUTIONS THAT REDUCE RISK AND STRENGTHEN YOUR RENEWAL POSITION
Sanctions & Trade Compliance Screening
Sanctions are complex, constantly changing, and difficult to navigate, even when dealing with one governing body. That compounds when you're a global operator, having to screen against multiple sanctioning bodies at once, each with their own rules, exemptions, and penalties for a violation.
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With our detailed due diligence questionnaire, we assist you in gathering all of the required information for a proper screening. We run that against every sanctioning body the transaction could touch, and give you a full analysis of the potential risks.
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Nord Young is not a law firm, and any checks that uncover potential risks are passed onto our legal counsel partners for final review.
Loss Control & Risk Engineering
The cheapest claim is the one that never happens. Loss control is the work of finding the exposures in your operation before they become incidents, and risk engineering is fixing them. We review your operations, vessels, and procedures to identify where loss is most likely, then give you practical steps to reduce it.
A cleaner risk profile doesn't just prevent losses, it strengthens your position when it's time to renew.
Contract Review & Analysis
We analyze more than just the sanction risks. Worried about your liabilities under a proposed contract? We'll review the contract type, governing law, and every clause to give you a breakdown of where you stand to lose if and when things don't go according to plan.
Subchapter M/TSMS Consulting
If you operate towing vessels in U.S. waters, Subchapter M compliance isn't optional, and how you meet it is a real decision. You can run the Coast Guard inspection option or build a Towing Safety Management System audited by a third party, and the right path depends on your fleet and how you operate. We help you choose the pathway, stand up the documentation, and stay ready for the audits that keep your Certificate of Inspection valid.