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AGCS Releases Global Risk Dialogue, Spring 2014 Issue

  • Saudi Arabia’s Kingdom Tower will reach unprecedented heights of 1km becoming the tallest building in the world.
  • The Mojave Desert’s Ivanpah complex is the largest-ever solar thermal plant, set to power more than 140,000 homes.
  • Removal of the Costa Concordia wreck presented the industry’s biggest-ever salvage operation. Yet in the age of the “mega ship” it may not be long before this milestone is surpassed.

Jeddah’s Kingdom Tower will be 1km high when completed, making it the tallest building in the world. In California’s Mojave Desert the world’s largest solar thermal plant has already been developed, transforming the alternative energy landscape in the US.

Meanwhile, last year’s successful parbuckling of the Costa Concordia wreck was the marine industry’s largest salvage operation to date. Yet in the age of the “mega ship” it may not be long before this milestone is surpassed.

The Spring issue of ACGS’s Global Risk Dialogue magazine explores some of the unique risk management issues encountered when working on such “world-record” risk projects.

However, whether it is attempting to pump concrete at unprecedented heights or ensuring transportation of a great number and variety of high-tech components from all around the world, due to the complexities of today’s modern supply chains one thing is common. Each project has to be planned and assessed on its own merits and risks.

And as this issue reveals, sophisticated risk management has a crucial role to play in ensuring their eventual success.

Click on the links below to view selected articles from the latest issue of Global Risk Dialogue:

Kingdom Tower – behind the scenes of the world’s new tallest building

The development of Saudi Arabia’s Kingdom Tower is set to reach unprecedented heights – becoming the tallest building in the world and the first structure to reach the 1km-high mark. Construction of such unique projects can pose unique risks.

Ivanpah –  the world’s largest solar thermal plant

The Ivanpah complex is the world’s largest solar thermal plant. Its development is helping to transform the alternative energy landscape in the US, generating enough electricity to power 140,000 homes a year and doubling the commercial solar thermal energy capacity available.

Salvaging the Costa Concordia and other “mega ships” – the world’s biggest vessels

In the age of the “mega ship” the ever-increasing size of cruise ships, containers and tankers is creating significant challenges for salvage operations when things do go wrong at sea.

What is the future for Europe’s energy supply?

AGCS says the energy market is facing a period of dramatic economic, ecologic and technical change and warns of the increasing threat posed by power blackouts and cyber attacks.

To view the full issue of Global Risk Dialogue in one of three languages, see below:

> English

> French

> German