Econometric analysis of the changing effects in wind strength and significant wave height on the probability of casualty in shipping

▶ Effect of significant wave height (SWH) on the probability of casualty. ▶ Effect of wind strength (WS) on the probability of casualty. ▶ Changes of the effect of SWH and WS on level of risk over time. ▶ Effect of changing oceanographic conditions in the North Atlantic on safety of ships.