Identifying ways to reduce the loss of life and property, damage to the environment, as well as disruptions to the economy from extreme maritime weather.
Millions of dollars in goods and thousands of lives are still lost at sea each year due to extreme weather conditions. In the maritime environment, vessels of any size are exposed and vulnerable to the elements. High winds, large waves, fog, thunderstorms, sea ice, freezing spray and volcanic ash make marine transportation a very high-risk enterprise.
Nonetheless, the ocean and seas provide a sustainable transportation route for the global economy – a “blue economy” that is estimated at US$ 3-6 trillion/year, a massive 70% of world trade, which provides livelihoods for over 6 billion people (IUMI, 2017 and UNCTAD, 2019).