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Press Release

Prime Tanker Taps Innovative Data-Driven Model to Mitigate COVID-19 Risk

June 23, 2020

ABS Nautical Systems and Q88 LLC Partner to Drive Compliance Efficiency

Restart Risk Model™ will help ship manager reduce transmission risk at Athens, Greece facility

(Houston) – ABSG Consulting Inc. (ABS Consulting) has been selected by Prime Tanker Management (Prime) to implement the recently launched Restart Risk Model™ to help resume operations safely at the company's facility in Athens, Greece, and mitigate COVID-19 risk.

ABS Consulting will work with Prime's Incident Management Team (IMT) virtually to assess the inherent risk of each site area, select recommended controls and develop enterprise-level policy and training solutions.

"We look forward to working with Prime as they develop a plan to restart operations with enhanced working practices that address the 'new normal' environment surrounding the pandemic," says Ryan Moody, President and CEO at ABS Group. "This risk-based framework was created with our vast global network in mind, supporting business leaders as they act quickly to bring employees back to work safely."

The Restart Risk Model builds on authoritative guidance from the World Health Organization (WHO), Centers for Disease Control and Prevention (CDC), Occupational Safety and Health Administration (OSHA) and the European Commission (EU) COVID-19 Guidance for the Workplace, with risk-based protective measures that expand on the regulations guiding our communities' daily health considerations.

"As our company responds to COVID-19, the health and safety of our employees and customers remain our top priority. We are pleased to work with ABS Consulting to implement the necessary controls that will help safeguard workers as they transition back to our facility knowing we are taking all precautions to prevent virus transmission," says Mr. Frantzeskos Kontos, Prime Deputy Chief Operating Officer at Prime. "By utilizing the Restart Risk Model, our critical mission of providing first-class ship management services in a manner that protects human health, safety, environment and property remains intact."

Revisit a webinar presented by K&L Gates and ABS Group exploring business risk and legal considerations for return to work scenarios as businesses restart operations in the COVID-19 environment.

About Prime Tanker Management

Prime Tanker Management Inc. (Prime - www.prime-marine.net), a Marshall Islands company, is a leading international ship management company focused on the commercial and technical management of product tankers. Prime has established an excellent reputation in the international shipping industry for operating and maintaining a fleet with high standards of performance, reliability and safety.

About ABS Group

ABS Group of Companies, Inc. (ABS Group) and its operating subsidiaries provide risk management solutions and certification services worldwide that help clients address the safety, integrity, quality and environmental efficiency of critical assets and operations. Headquartered in Spring, Texas, ABS Group operates with more than 1200 professionals across the globe, serving the marine and offshore, oil, gas and chemical, government, power and energy and industrial sectors. ABS Group is a subsidiary of ABS (www.eagle.org), a leading marine and offshore classification society.

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