Determinants of the property damage costs of bulk barge accidents

Maritime Policy and Management

Volumn 28, Issue 2, 2001, Pages 175-186

  Talley, Wayne K ^a  

^a OLD DOMINION UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

BARGE; DAMAGE; ECONOMICS; VESSEL;

DAMAGE; ECONOMIC ANALYSIS; SHIPPING; TRANSPORTATION ECONOMICS;

UNITED STATES;

EID: 0035026062     PISSN: 03088839     EISSN: 14645254     Source Type: Journal    
DOI: 10.1080/03088830117626     Document Type: Article

References (22)

1. th edn, Washington, DC:Eno Transportation Foundation.
2. SANSBURY, T., 1997. AWO, Army Corps see pact as rallying point. Journal of Commerce, September:4B
3. MARITIME ADMINISTRATION, US DEPARTMENT OF TRANSPORTATION. 1994. Environmental Advantages of Inland Barge Transportation, Washington, DC:US Government Printing Office.
4. LOEB, P. D., TALLEY, W. K., and ZLATOPER, T. J., 1994. Causes and Deterrents of Transportation Accidents:An Analysis by Mode, Westport, Connecticut:Quorum Books.
5. HIGDON, D., 1990. Runaway barges spur call for hike in fines. Journal of Commerce, January:1A
6. BALDWIN, T., 1999. Coast Guard sets new rules for runaway barges. Journal of Commerce, January:1B4B
7. BALDWIN, T., 1998. Record fine slapped on Eklof over New England oil spill. Journal of Commerce,:3B
8. A VTS system is a marine safety system which gathers, processes and disseminates information between a land-based VTS centre and vessels operating in the service area. Unlike air traffic control centres to which they are often compared, VTS systems do not usually direct the movement of vessels. For a discussion of US VTS systems, see TALLEY, W. K., 1998, Vessel traffic service systems:cost-recovery alternatives. Maritime Policy and Management, 25, 107–115
9. An investigation of the determinants of the property damage costs of tank barge accidents is found in TALLEY, W. K., forthcoming, Oil spillage and damage costs:U. inland waterway tank barge accidents. International Journal of Maritime Economics. The estimation results suggest that tank barge collision accidents incur the largest oil spillage and vessel damage costs, whereas fire/explosion accidents incur the largest otherproperty damage costs. Further, a dollar of vessel damage cost increases other-property damage cost by $0.51, whereas a dollar of oil spillage increases this cost by $9.13
10. A ship accident may be described as a:(1) collision—vessel struck or was struck by another vessel on the water surface, or struck a stationary object, not another ship (an allision); (2) grounding—vessel is in contact with the sea bottom or a bottom obstacle, struck object on the sea floor, or struck or touched the bottom; (3) fire and explosion— the fire and/or explosion is the initiating event reported, except where the first event is a hull/machinery failure leading to the fire/explosion; or (4) a material and equipment failure (or structured-machinery-other)—hull/machinery damage, missing, and miscellaneous non-classified reasons (e.g. vessels sunk due to either weather or break-up related to causes not covered by other casualty categories)
11. Causes of vessel accidents, classified by the US Coast Guard, as human causes include stress, fatigue, carelessness, operator error, calculated risk, improper loading, lack of training, error in judgement, lack of knowledge, physical impairment, improper cargo stowage, inadequate supervision, improper mooring/towing, design criteria exceeded, psychological impairment, intoxication, failed to yield right of way, improper safety precautions, failed to keep proper lookout, and failed to proceed at safe speed
12. Causes of vessel accidents, classified by the US Coast Guard, as environmental causes include debris, shoalling, lightning, adverse weather, submerged object, channel not maintained, unmarked channel hazard, hazardous bridge/dock/pier, and adverse current/sea condition
13. Causes of vessel accidents, classified by the US Coast Guard, as vessel causes include corrosion, cargo shift, dragging anchor, stress fracture, brittle fracture, fouled propeller, improper welding, steering failure, propulsion failure, static electricity, temperature stress, inadequate controls/displays/lighting, inadequate horsepower, inadequate lubrication, and auxiliary power failure
14. In addition to the initial causes of vessel accidents there may also be secondary causes. For example, adverse weather, the initial environmental cause of an accident, may in turn contribute to operator error, a secondary (human) cause of accident. This study attempted to investigate the effect of secondary causes of vessel accidents; however, data limitations prevented this investigation
15. Precipitation may also have a positive lagged effect on the risk of a bulk barge accident, e.g. resulting in fast currents and high waters that increase this risk
16. Even a vessel which is docked or moored can be involved in a grounding:a vessel at anchor or secured to a buoy in a poorly chosen location can run aground, swinging around its moorings into water that is too shallow
17. The vessel characteristic, flag of registry, is not included in this model, since all bulk barges in the data fly the US flag. The Merchant Marine Act of 1920, known as the Jones Act, requires that all cargo moving between US ports be carried on US-owned and -built vessels, operated by US crews
18. The CASMAIN database does not exist after 1991
19. BUREAU OF LABOR STATISTICS, US DEPARTMENT OF LABOR. Producer Prices and Price Indexes, Washington, DC:US Government Printing Office. various years
20. Demurrage is a charge by a carrier for the detention of equipment and cargo beyond the free period which is allowed for loading, unloading, or other purposes
21. rd edn, Upper Saddle River, NJ:Prentice Hall. For a discussion of tobit analysis, see
22. MCDONALD, J. F., and MOFFITT, R. A., 1980. The uses of tobit analysis. Review of Economics and Statistics, 62:318–321.