The shipping industry is vital for society, carrying 90% of goods transported globally, but it can also be a dangerous industry. High impact shipping incidents can lead to injuries, fatalities and environmental damage.
HiLo (High Impact Low Frequency) Maritime Risk Management is a not for profit joint industry initiative which uses a predictive mathematical model to enhance industry safety. By analysing weak signals across the industry, HiLo can predict the likelihood of more serious events. This information guides partners to avoid catastophic incidents.
HiLo Maritime Risk Management welcomes new partners from the shipping industry. The more the industry collaborates, the greater the quantity of data and the more effective this program will be.