The company
Independent engineers, permanently on the owner’s side
Risk Design International Ltd. is a marine consultancy based in Varna, Bulgaria, delivering newbuilding supervision, marine warranty surveying and green ship recycling services to owners, investors, operators and underwriters worldwide.
Built around the shipyard, not the office
We were founded on a straightforward conviction: the quality of a ship is determined by who is standing next to the work. Consultancy reports written from a distance do not stop a bad weld, an out-of-specification pump or a coating applied in the wrong conditions. Presence does.
Our engineers have supervised construction, conversion and repair projects across Chinese, Korean, Japanese, Turkish and European yards, covering container vessels, tankers, bulk carriers, offshore support vessels and specialised tonnage. We work alongside classification societies and flag administrations while remaining wholly independent of the builder.
Alongside newbuilding work, we act as marine warranty surveyor for offshore and heavy transport operations, and supervise end-of-life recycling under the EU Ship Recycling Regulation and the Hong Kong Convention — closing the loop on the full asset life cycle.
How we work
Independence
We do not work for shipyards. Our findings are never softened by a commercial relationship on the other side of the table.
Competence
Site teams are staffed with marine engineers, naval architects and surveyors who have built, repaired and sailed ships.
Transparency
Owners see what we see: photographic records, non-conformance registers and honest schedule assessment, weekly.
Safety
Our performance and safety culture is held to the standards our clients are audited against, on every site we attend.
Leadership
The people accountable to you

Plamen Arabadzhiev
Founder & CEO

Miroslav Banovski
Technical Director

Stoyan Stoyanov
Lead Engineer

Milen Dobrev
Team Leader

Stanislav Boyadzhiev
Manager

Krasimir Georgakiev
Manager
Speak to us directly about your vessel, yard and project timeline.
