Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
6781674 | Transportation Research Part A: Policy and Practice | 2014 | 13 Pages |
Abstract
This paper develops a new quantitative safety index for each worldwide sea-going vessel based on their condition information and safety records. The safety index can generate a relative risk score using binary logistic regression method and a dataset with both static and dynamic information covering over 90% of the world sea-going merchant fleet. It has a widely potential usage for both industry and academic research, e.g., for port authorities to determine whether an on board inspection is needed; for insurers to determine premium rate; and for shipowners to identify functional areas for repair and maintenance.
Related Topics
Physical Sciences and Engineering
Engineering
Civil and Structural Engineering
Authors
Kevin X. Li, Jingbo Yin, Lixian Fan,