27-Oct-25

The silent cost of ignoring near-miss data.
Every terminal collects near-miss reports religiously.

The part I see very few willing to admit: 90% of the data dies in spreadsheets.

I've audited safety programs across 50+ container terminals in Asia. The pattern is familiar:

→ 200+ near-miss reports filed monthly
→ 15 minutes spent analyzing patterns
→ Zero predictive action taken
→ Same incidents repeat every quarter

Now, indulge me in some math:

A typical mega-terminal logs 2,400 near-misses a year.
Each carries a 1-in-300 chance of becoming a serious incident.
That's roughly 8 preventable accidents… waiting to happen.

The cost of a serious terminal incident– downtime + liability + reputation– averages $2.5M.

So your ignored near-miss data is sitting on $20M worth of preventable losses.

The irony? Most terminals spend more on coffee than on analyzing the safety intelligence that they *already collect*.

At Qavach, we've seen terminals reduce repeat incidents by up to 67% simply by converting near-miss patterns into automated alerts.

Not rocket science.
Just applied intelligence. And some discipline.

Your near-miss data talks. The question- who’s listening?
 

Arjun Vikram Singh

Founder & CEO, @Quantum BSO