MIMIC project has comprehensive, holistic approach to risks related to maritime oil transportation in the Baltic Sea. The project integrates the knowledge from earlier projects and new information on the less studied aspects of accidents. One of the new and specific aims of the project is to view the problem both form the point of private companies and society and to try to find ways how society can influence the private activities in most effective way to decrease the risks. In addition, totally new element is to link the safety and security issues, where the same actions can support both interests, and same methodology can be used to assess the risks.

The project is moving from the static risk assessment approach to the novel dynamic risk assessment and management approach. Based on the modeling work, the most effective measures will be identified, and possible recommendations will be presented. The main deliverables are an Integrative Probabilistic Model for comparing the management actions and SmartResponse Web application for decision analysis and support.
Consortium members in this project are Kotka Maritime Research Centre, Centre for Maritime Studies at the University of Turku, Kymenlaakso University of Applied Sciences, Aalto University, University of Helsinki, Tallinn University of Technology, University of Tartu, Swedish Meteorological and Hydrological Institute and Finnish Environment Institute.

The MIMIC project is funded by the European Union and the financing comes from the European Regional Development Fund, The Central Baltic INTERREG IV A Programme 2007-2013; the City of Kotka; Kotka-Hamina Regional Development Company (Cursor Oy); Centre for Economic Development, Transport and the Environment of Southwest Finland (VARELY); Kymenlaakso of Applied Sciences; Swedish Meteorological and Hydrological Institute; Finnish Environment Institute; Tallinn University of Technology and University of Tartu.

The project's cost estimate is 2 072 341 Euros, and its duration from 1 May 2011 to 31 December 2013.