Marine Traffic Impact Assessment

The MTIA will be carried out with reference to the Formal Safety Assessment (FSA) methodology adopted by the International Maritime Organization (IMO) as a structured approach to the assessment of marine risks, and the effectiveness of control mechanisms. This approach has typically been adopted for MTIA studies conducted in Hong Kong.

The methodology is summarized as follows:

- Identification of Hazards (What might go wrong?);

- Assessment of Risk (How bad and how likely?);

- Risk Control Options (Can matters be improved?);

- Cost Benefit Assessment (What would it cost and how much better would it be?), and

- Recommendations for Decision-Making (What actions should be taken?).