Shippers have always faced uncertainties in their chosen industry. This is not entirely unexpected when 80-90% of goods move by ship. But climate change is amplifying the level of risk faced by the sector in such concerns as fuel costs and route planning to name but two.

Changes in sea level and the increasing number of natural catastrophes have come together to bring about an upturn in the losses experienced by shipping companies due to damage to goods and/or ships and deviations in routes undertaken. It has to be said, though, that some route alterations have impacted businesses and individuals depending on the sea for their shipping jobs in a positive way.