19 AUGUST 2026 PASSENGER VESSEL APPLICATIONS Most risk assessment models focus on identifying what could go wrong and putting controls in place to prevent negative outcomes. What sets the bowtie apart is that it also requires you to work through what happens after an incident occurs and whether your mitigations are adequate to handle the consequences. For passenger vessel operators, that second half is just as critical as the first because when members of the public are involved, how well you’ve pre- pared for the aftermath matters as much as prevention. This is also a tool that works well across mixed crews. Pas- senger vessel operations rely heavily on seasonal staff and crew members with varying levels of experience. A complet- ed bowtie is visual, easy to brief, and easy to reference. When a crewmember can look at a diagram and see the controls in place and potential outcomes, the risk picture is a lot easier to understand than a written policy or a checklist. A completed bowtie also supports regulatory compliance. With the Coast Guard continuing its focus on domestic passenger vessels, documented risk assessments are be- coming an expectation rather than an option. Operators who can demonstrate a structured approach to risk man- agement are in a stronger position during inspections and incident investigations. A bowtie satisfies that expectation in a format that is easy to present and walk through with an inspector. Following an incident, it demonstrates that risk management was being taken seriously and that both pre- ventative and reactive measures had been formally assessed. Furthermore, passenger vessel operators are responsible for members of the public who have no maritime training and minimal awareness of onboard risks, and the thoroughness of a risk assessment process in this context is significant. IMPLEMENTATION The bowtie isn’t the right tool for every risk decision, but for your highest-consequence scenarios it’s worth the extra ef- What sets the bowtie apart is that it also requires you to work through what happens after an incident occurs and whether your mitigations are adequate to handle the consequences. Figure 2
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