Hurricane Ian – Severe Weather Report

Summary:

This report provides information about the ongoing situation of Hurricane Ian, which reached Category 3 over Cuba, showing a predicted landfall near the Tampa Bay area, Florida.

Currently, the Hurricane forecast predicts Ian as a significant Category 4, very close to the Tampa area, raising the prospects of catastrophic storm surge, with winds gusting well over 140 mph. More than 10 inches of predicted rainfall is expected in a densely populated area, comprised of high-value properties in a low-lying part of the Florida coastline.

Skytek is actively monitoring the marine traffic density over the area, in particular around the Straits of Florida (the portion of sea between Cuba and Florida) and is recording a significant decrease over the past hours, as naturally expected.  The vessels still in the area (see Figure 1) are expected to be steaming away from the hurricane path within the next hours.

Skytek detected 23 commercial vessels with an estimated value of $ 1Bil and 2 windfarms located in the Appalachian State and Flagler County.

Using its REACT platform, Skytek provides an overview of the exposure, in the form of a list of assets currently in the cone of the Hurricane as well as a graphical view on the map (Figure 1).

Type of assets

No.

Commercial vessels

23

Yachts

123

Hotels

280

Windfarm

2

Figure 1: Graphical representation of exposure in the cone of hurricane Ian.

PORTS AND OFFSHORE EXPOSURE

The Port of Tampa, with a handling capacity of 33 million tons of cargo a year, is spread over 5,000 acres and operates an average of ~2,700 vessels per year.

Figure 2 below provides an overview of the main port areas of interest and terminals.

Figure 2: Overview of Tampa Port and its areas and terminals.

YACHT AND PLEASURE BOAT EXPOSURE

Tampa Bay is home to several marinas with many yachts and pleasure boats. Skytek’s REACT system captures 123 yachts with active AIS trackers suggesting high-value yachts in this area. In addition, using satellite Earth Observation imagery acquired this week, Skytek’s satellite club system identified numerous small vessels in the area, suggesting significant yacht exposure.

The top 10 marinas in the area are listed below and plotted in the maps in Figures 3, 4 & 5:  

  1. Bayboro Harbour
  2. Petersburg Municipal Marina
  3. Marker 1 marina
  4. Marjorie Park Marina
  5. Twin Dolphin Marina
  6. Riviera dunes marina
  7. Safe Harbour Regatta
  8. Lands’ End Marina
  9. Safety Harbour City Marina
  10. Bahia Mar West Marina
Figure 3: Marinas in the North of Tampa Bay.
Figure 4: Marinas in the Centre of Tampa Bay.
Figure 5: Marinas in the South of Tampa Bay.

Using very high-resolution Earth Observation images, Skytek is able to provide in-depth and up-to-date information about the status of the assets within these marinas, as well as the condition of the infrastructure around them. An example is provided in Figure 6 below, for the “Safe Harbour Regatta” marina in Memphis, Florida.

Figure 6: Safe Harbour Regatta marina acquired from satellite this week.
Figure 7: Yachts captured by Skytek’s REACT Platform.

PROPERTY EXPOSURE

Current forecasts predict that Hurricane Ian will make landfall in West-central Florida as the main area of impact, as early as Wednesday night, causing winds as high as 140 mph, and potentially reaching Category 4 level.

The figure below provides a visual representation of the 78 hotels that are potentially affected by the Hurricane’s landfall, which are most 4 and 5-star hotels on the coast as well as large 3-star hotels.

Putting Earth Observation & Satellite Technology in the Hands of the Insurer

EO satellite image providers:

Disclaimer

The content in this report is provided for general information only. It is not intended to amount to advice on which any reliance should be placed. Skytek advises that professional or specialist advice is obtained before taking, or refraining from, any action on the basis of this report.

The contents of this report is provided in good faith but Skytek make no representations, warranties or guarantees, whether express or implied, that the contents of this report is accurate, complete or up to date.

To the extent permitted by law, Skytek will not be liable for any loss or damage, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, even if foreseeable, arising under or in connection with use or reliance on any content of this report. In particular, Skytek will not be liable for any loss of profits, sales, business or revenue, business interruption, loss of anticipated savings, loss of business opportunity, goodwill or reputation or any indirect or consequential loss or damage whatsoever or howsoever caused.

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