Review article
Technology-based risk calculation methodology in coastal container liner shipping
Juraj Bukša
; Maritime School in Bakar, Bakar, Croatia
Vlado Frančić
; University of Rijeka, Faculty of Maritime Studies Rijeka, Rijeka, Croatia
Tomislav Bukša
; 3. MAJ Engines and Cranes, Rijeka, Croatia
Abstract
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 limits of the acceptable risk.
Keywords
Limits of the acceptable risk; Technology-based risk calculation methodology; Coastal container liner shipping
Hrčak ID:
140306
URI
Publication date:
30.6.2015.
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