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(PDF) An Analysis of Maritime Transportation Risk Factors | George Panagakos - Academia.edu

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"https://www.academia.edu/login?post_login_redirect_url=https%3A%2F%2Fwww.academia.edu%2F73014114%2FAn_Analysis_of_Maritime_Transportation_Risk_Factors%3Fauto%3Ddownload"; window.loswp.translateUrl = "https://www.academia.edu/login?post_login_redirect_url=https%3A%2F%2Fwww.academia.edu%2F73014114%2FAn_Analysis_of_Maritime_Transportation_Risk_Factors%3Fshow_translation%3Dtrue"; window.loswp.previewableAttachments = [{"id":81704989,"identifier":"Attachment_81704989","shouldShowBulkDownload":false}]; window.loswp.shouldDetectTimezone = true; window.loswp.shouldShowBulkDownload = true; window.loswp.showSignupCaptcha = false window.loswp.willEdgeCache = false; window.loswp.work = {"work":{"id":73014114,"created_at":"2022-03-04T02:55:55.118-08:00","from_world_paper_id":197604124,"updated_at":"2024-02-14T23:12:13.249-08:00","_data":{"abstract":"This paper presents an analysis on the factors that are important determinants of maritime transportation risk. The analysis has been part of an international, multi-partner project. The purpose of the project has been to identify technologies and other measures to improve maritime safety, mainly in the context of European waters.","publication_date":"1998,,"},"document_type":"paper","pre_hit_view_count_baseline":null,"quality":"high","language":"en","title":"An Analysis of Maritime Transportation Risk Factors","broadcastable":true,"draft":null,"has_indexable_attachment":true,"indexable":true}}["work"]; window.loswp.workCoauthors = [66208435]; window.loswp.locale = "en"; window.loswp.countryCode = "SG"; window.loswp.cwvAbTestBucket = ""; window.loswp.designVariant = "ds_vanilla"; window.loswp.fullPageMobileSutdModalVariant = "control"; window.loswp.useOptimizedScribd4genScript = false; window.loswp.appleClientId = 'edu.academia.applesignon';</script><script defer="" src="https://accounts.google.com/gsi/client"></script><div class="ds-loswp-container"><div class="ds-work-card--grid-container"><div class="ds-work-card--container js-loswp-work-card"><div class="ds-work-card--cover"><div class="ds-work-cover--wrapper"><div class="ds-work-cover--container"><button class="ds-work-cover--clickable js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;swp-splash-paper-cover&quot;,&quot;attachmentId&quot;:81704989,&quot;attachmentType&quot;:&quot;pdf&quot;}"><img alt="First page of “An Analysis of Maritime Transportation Risk Factors”" class="ds-work-cover--cover-thumbnail" src="https://0.academia-photos.com/attachment_thumbnails/81704989/mini_magick20220304-26706-ihwwze.png?1646391403" /><img alt="PDF Icon" class="ds-work-cover--file-icon" src="//a.academia-assets.com/assets/single_work_splash/adobe.icon-574afd46eb6b03a77a153a647fb47e30546f9215c0ee6a25df597a779717f9ef.svg" /><div class="ds-work-cover--hover-container"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">download</span><p>Download Free PDF</p></div><div class="ds-work-cover--ribbon-container">Download Free PDF</div><div class="ds-work-cover--ribbon-triangle"></div></button></div></div></div><div class="ds-work-card--work-information"><h1 class="ds-work-card--work-title">An Analysis of Maritime Transportation Risk Factors</h1><div class="ds-work-card--work-authors ds-work-card--detail"><a class="ds-work-card--author js-wsj-grid-card-author ds2-5-body-md ds2-5-body-link" data-author-id="66208435" href="https://independent.academia.edu/GeorgePanagakos"><img alt="Profile image of George Panagakos" class="ds-work-card--author-avatar" src="//a.academia-assets.com/images/s65_no_pic.png" />George Panagakos</a></div><div class="ds-work-card--detail"><p class="ds-work-card--detail ds2-5-body-sm">1998</p></div><p class="ds-work-card--work-abstract ds-work-card--detail ds2-5-body-md">This paper presents an analysis on the factors that are important determinants of maritime transportation risk. The analysis has been part of an international, multi-partner project. The purpose of the project has been to identify technologies and other measures to improve maritime safety, mainly in the context of European waters.</p><div class="ds-work-card--button-container"><button class="ds2-5-button js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;continue-reading-button--work-card&quot;,&quot;attachmentId&quot;:81704989,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;workUrl&quot;:&quot;https://www.academia.edu/73014114/An_Analysis_of_Maritime_Transportation_Risk_Factors&quot;}">See full PDF</button><button class="ds2-5-button ds2-5-button--secondary js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;download-pdf-button--work-card&quot;,&quot;attachmentId&quot;:81704989,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;workUrl&quot;:&quot;https://www.academia.edu/73014114/An_Analysis_of_Maritime_Transportation_Risk_Factors&quot;}"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">download</span>Download PDF</button></div></div></div></div><div data-auto_select="false" data-client_id="331998490334-rsn3chp12mbkiqhl6e7lu2q0mlbu0f1b" data-doc_id="81704989" data-landing_url="https://www.academia.edu/73014114/An_Analysis_of_Maritime_Transportation_Risk_Factors" data-login_uri="https://www.academia.edu/registrations/google_one_tap" data-moment_callback="onGoogleOneTapEvent" id="g_id_onload"></div><div class="ds-top-related-works--grid-container"><div class="ds-related-content--container ds-top-related-works--container"><h2 class="ds-related-content--heading">Related papers</h2><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="0" data-entity-id="73014121" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/73014121/Analysis_of_maritime_transportation_risk_factors">Analysis of maritime transportation risk factors</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="66208435" href="https://independent.academia.edu/GeorgePanagakos">George Panagakos</a></div><p class="ds-related-work--metadata ds2-5-body-xs">1998</p><p class="ds-related-work--abstract ds2-5-body-sm">This paper presents an analysis on the factors that are important determinants of maritime transportation risk. The analysis has been part of an international, multi-partner project. The purpose of the project has been to identify technologies and other measures to improve maritime safety, mainly in the context of European waters. 1.</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;Analysis of maritime transportation risk factors&quot;,&quot;attachmentId&quot;:81705040,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/73014121/Analysis_of_maritime_transportation_risk_factors&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/73014121/Analysis_of_maritime_transportation_risk_factors"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="1" data-entity-id="17069225" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/17069225/Risk_assessment_in_maritime_transportation">Risk assessment in maritime transportation</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="31885502" href="https://xn--til-7na.academia.edu/CarlosGuedesSoares">Carlos Guedes Soares</a></div><p class="ds-related-work--metadata ds2-5-body-xs">Reliability Engineering &amp; System Safety, 2001</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;Risk assessment in maritime transportation&quot;,&quot;attachmentId&quot;:39325978,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/17069225/Risk_assessment_in_maritime_transportation&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/17069225/Risk_assessment_in_maritime_transportation"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="2" data-entity-id="83659003" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/83659003/Maritime_Safety_in_Europe">Maritime Safety in Europe</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="41522120" href="https://torun-pl.academia.edu/ZuzannaPep%C5%82owskaD%C4%85browska">Zuzanna Pepłowska-Dąbrowska</a></div><p class="ds-related-work--metadata ds2-5-body-xs">2020</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;Maritime Safety in Europe&quot;,&quot;attachmentId&quot;:88931352,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/83659003/Maritime_Safety_in_Europe&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/83659003/Maritime_Safety_in_Europe"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="3" data-entity-id="11479963" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/11479963/Maritime_transportation_risk_analysis_Review_and_analysis_in_light_of_some_foundational_issues">Maritime transportation risk analysis: Review and analysis in light of some foundational issues</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="7811336" href="https://independent.academia.edu/FlorisGoerlandt">Floris Goerlandt</a><span>, </span><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="501011" href="https://aalto-fi.academia.edu/JakubMontewka">Jakub Montewka</a></div><p class="ds-related-work--metadata ds2-5-body-xs">Reliability Engineering and System Safety, 2015</p><p class="ds-related-work--abstract ds2-5-body-sm">Many methods and applications for maritime transportation risk analysis have been presented in the literature. In parallel, there is a recent focus on foundational issues in risk analysis, with calls for intensified research on fundamental concepts and principles underlying the scientific field. This paper presents a review and analysis of risk definitions, perspectives and scientific approaches to risk analysis found in the maritime transportation application area, focusing on applications addressing accidental risk of shipping in a sea area. For this purpose, a classification of risk definitions, an overview of elements in risk perspectives and a classification of approaches to risk analysis science are applied. Results reveal that in the application area, risk is strongly tied to probability, both in definitions and perspectives, while alternative views exist. A diffuse situation is also found concerning the scientific approach to risk analysis, with realist, proceduralist and constructivist foundations co-existing. Realist approaches dominate the application area. Very few applications systematically account for uncertainty, neither concerning the evidence base nor in relation to the limitations of the risk model in relation to the space of possible outcomes. Some suggestions are made to improve the current situation, aiming to strengthen the scientific basis for risk analysis.</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;Maritime transportation risk analysis: Review and analysis in light of some foundational issues&quot;,&quot;attachmentId&quot;:37004390,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/11479963/Maritime_transportation_risk_analysis_Review_and_analysis_in_light_of_some_foundational_issues&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/11479963/Maritime_transportation_risk_analysis_Review_and_analysis_in_light_of_some_foundational_issues"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="4" data-entity-id="11676720" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/11676720/A_RISK_FRAMEWORK_FOR_MARITIME_TRANSPORTATION_SYSTEMS">A RISK FRAMEWORK FOR MARITIME TRANSPORTATION SYSTEMS</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="7811336" href="https://independent.academia.edu/FlorisGoerlandt">Floris Goerlandt</a></div><p class="ds-related-work--metadata ds2-5-body-xs">2013</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;A RISK FRAMEWORK FOR MARITIME TRANSPORTATION SYSTEMS&quot;,&quot;attachmentId&quot;:37126711,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/11676720/A_RISK_FRAMEWORK_FOR_MARITIME_TRANSPORTATION_SYSTEMS&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/11676720/A_RISK_FRAMEWORK_FOR_MARITIME_TRANSPORTATION_SYSTEMS"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="5" data-entity-id="87313033" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/87313033/Risk_Assessment_in_the_Maritime_Industry">Risk Assessment in the Maritime Industry</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="13848812" href="https://independent.academia.edu/MajidMousavi">Majid Mousavi</a></div><p class="ds-related-work--metadata ds2-5-body-xs">Engineering, Technology &amp; Applied Science Research, 2017</p><p class="ds-related-work--abstract ds2-5-body-sm">Risk assessment is a well-developed field which many operators are currently applying to improve their operations and reduce their risk exposure. This paper is intended to provide an overview of the risk assessment for mariners in the Maritime transportation. The risks addressed are primarily those affecting the safety of a vessel, facility or operation. The concept of risk is defined, and the methods available to assess the risks associated with an operation are described. Regulatory requirements that have prompted the development of modern risk assessment practices are described, and future regulatory trends are discussed. There are many different analysis techniques and models that have been developed to aid in conducting risk assessments. A key to any successful risk analysis is choosing the right method (or combination of methods) for the situation at hand. This is achieved through critical analysis of the available data concerning marine crises. This paper provides a brief int...</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;Risk Assessment in the Maritime Industry&quot;,&quot;attachmentId&quot;:91557596,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/87313033/Risk_Assessment_in_the_Maritime_Industry&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/87313033/Risk_Assessment_in_the_Maritime_Industry"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="6" data-entity-id="111850989" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/111850989/Overview_of_Definitions_of_Maritime_Safety_Safety_at_Sea_Navigational_Safety_and_Safety_in_General">Overview of Definitions of Maritime Safety, Safety at Sea, Navigational Safety and Safety in General</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="150386693" href="https://gdynia.academia.edu/AdamWeintrit">Adam Weintrit</a></div><p class="ds-related-work--metadata ds2-5-body-xs">TransNav, the International Journal on Marine Navigation and Safety of Sea Transportation, 2019</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;Overview of Definitions of Maritime Safety, Safety at Sea, Navigational Safety and Safety in General&quot;,&quot;attachmentId&quot;:109263207,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/111850989/Overview_of_Definitions_of_Maritime_Safety_Safety_at_Sea_Navigational_Safety_and_Safety_in_General&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/111850989/Overview_of_Definitions_of_Maritime_Safety_Safety_at_Sea_Navigational_Safety_and_Safety_in_General"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="7" data-entity-id="17083864" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/17083864/Safety_in_Greek_coastal_shipping_The_role_and_risk_of_human_factor_revisited">Safety in Greek coastal shipping: The role and risk of human factor revisited</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="1133144" href="https://ntua.academia.edu/NikolaosVentikos">Nikolaos Ventikos</a></div><p class="ds-related-work--metadata ds2-5-body-xs">WMU Journal of Maritime Affairs, 2008</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" 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class="ds-related-work--container js-wsj-grid-card" data-collection-position="8" data-entity-id="112850228" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/112850228/The_role_of_the_international_maritime_organization_in_the_management_of_maritime_risks">The role of the international maritime organization in the management of maritime risks</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="259265429" href="https://independent.academia.edu/AgustinBlancoBazan">Agustin Blanco-Bazan</a></div><p class="ds-related-work--metadata ds2-5-body-xs">Insurance Mathematics &amp; Economics, 1993</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;The role of the international maritime organization in the management of maritime risks&quot;,&quot;attachmentId&quot;:109955047,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/112850228/The_role_of_the_international_maritime_organization_in_the_management_of_maritime_risks&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/112850228/The_role_of_the_international_maritime_organization_in_the_management_of_maritime_risks"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="9" data-entity-id="72702977" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/72702977/SCIENTIFIC_JOURNAL_OF_MARITIME_RESEARCH_Technology_based_risk_calculation_methodology_in_coastal_container_liner_shipping_A_RT_I_C_L_E_I_N_F_O">SCIENTIFIC JOURNAL OF MARITIME RESEARCH Technology-based risk calculation methodology in coastal container liner shipping A RT I C L E I N F O</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="130328364" href="https://independent.academia.edu/JurajBuk%C5%A1a">Juraj Bukša</a></div><p class="ds-related-work--metadata ds2-5-body-xs">2015</p><p class="ds-related-work--abstract ds2-5-body-sm">Key words: Limits of the acceptable risk Technology-based risk calculation methodology Coastal container liner shipping A B S T R A C T The methodology of business and technology risk evaluation and management in shipping is based on three key factors: the voyage duration, the detected spots of technological differences and the spots of consequence costs. The lowest costs of a vessel on a voyage or on a segment of a voyage are considered to be the optimal costs of a certain vessel on the voyage or on the segment of the voyage. Each cost that arises on a voyage or on a segment of a voyage which is higher than the lowest recorded cost is a consequence of a threat or a danger that has come to be. The initial value of the consequence cost is the lowest recorded cost or the optimal cost. The standard deviation is proposed to be the measure of the consequence cost i.e. of the degree of risk. The consequence cost that is higher than the ideal cost by two standard deviations is within the l...</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;SCIENTIFIC JOURNAL OF MARITIME RESEARCH Technology-based risk calculation methodology in coastal container liner shipping A RT I C L E I N F O&quot;,&quot;attachmentId&quot;:81526111,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/72702977/SCIENTIFIC_JOURNAL_OF_MARITIME_RESEARCH_Technology_based_risk_calculation_methodology_in_coastal_container_liner_shipping_A_RT_I_C_L_E_I_N_F_O&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/72702977/SCIENTIFIC_JOURNAL_OF_MARITIME_RESEARCH_Technology_based_risk_calculation_methodology_in_coastal_container_liner_shipping_A_RT_I_C_L_E_I_N_F_O"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div></div></div><div class="ds-sticky-ctas--wrapper js-loswp-sticky-ctas hidden"><div class="ds-sticky-ctas--grid-container"><div class="ds-sticky-ctas--container"><button class="ds2-5-button js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;continue-reading-button--sticky-ctas&quot;,&quot;attachmentId&quot;:81704989,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;workUrl&quot;:null}">See full PDF</button><button class="ds2-5-button ds2-5-button--secondary js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;download-pdf-button--sticky-ctas&quot;,&quot;attachmentId&quot;:81704989,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;workUrl&quot;:null}"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">download</span>Download PDF</button></div></div></div><div class="ds-below-fold--grid-container"><div class="ds-work--container js-loswp-embedded-document"><div class="attachment_preview" data-attachment="Attachment_81704989" style="display: none"><div class="js-scribd-document-container"><div class="scribd--document-loading js-scribd-document-loader" style="display: block;"><img alt="Loading..." src="//a.academia-assets.com/images/loaders/paper-load.gif" /><p>Loading Preview</p></div></div><div style="text-align: center;"><div class="scribd--no-preview-alert js-preview-unavailable"><p>Sorry, preview is currently unavailable. 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