What should I wear on a cold, casual harbour cruise with friends?

One of my best guy friends that I'm making up with invited me to go on a cruise and I agreed and invited my girl best friend to join us. The dress code is apparently casual and comfortable. It'll be cold on the boat; we're going to sail along the harbour together. I have no one to impress there, but there'll be other people probably going too and I don't want to look like a slob if everyone else dresses up. While I want to be comfortable. Should I dress in layers, a smart casual sweater? Or a bulky, casual sweater?

What should I wear on a cold, casual harbour cruise with friends?
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