Estimated incident cost savings in shipping due to inspections

Accident Analysis and Prevention

Volumn 43, Issue 4, 2011, Pages 1532-1539

  Knapp, Sabine ^a   Bijwaard, Govert ^b   Heij, Christiaan ^a  

^a Erasmus University Rotterdam   (Netherlands)

^b NETHERLANDS INTERDISCIPLINARY DEMOGRAPHIC INSTITUTE   (Netherlands)

Author keywords

Hazard rate; Insured value; Maritime safety; Port state control; Vetting inspection

Indexed keywords

HAZARD RATES; INSURED VALUE; MARITIME SAFETY; PORT STATE CONTROL; VETTING INSPECTION;

COSTS; INDUSTRY; RISK PERCEPTION; TANKERS (SHIPS);

INSPECTION;

ARTICLE; AUSTRALIA; COST CONTROL; ECONOMICS; METHODOLOGY; PROPORTIONAL HAZARDS MODEL; RISK; SAFETY; SHIP; STANDARD; STATISTICAL MODEL; UNITED STATES;

AUSTRALIA; COST SAVINGS; LOGISTIC MODELS; MODELS, ECONOMETRIC; PROPORTIONAL HAZARDS MODELS; RISK; SAFETY MANAGEMENT; SHIPS; UNITED STATES;

EID: 79955572340     PISSN: 00014575     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.aap.2011.03.005     Document Type: Article

References (38)

1. G.E. Bijwaard, and S. Knapp Analysis of ship life cycles - the impact of economic cycles and ship inspections Marine Policy 33 2009 350 369
2. P. Carriou, M.Q. Mejia, and F.C. Wolff On the effectiveness of port state control inspections Transportation Research E 44 2008 491 503
3. T. Degré From black-grey-white detention-based lists of flags to black-grey-white casualty-based lists of categories of vessels? The Journal of Navigation 61 2008 485 497
4. A.M. Goulielmos, and K. Giziakis Treatment of uncompensated cost of marine accidents in a model of welfare economics Disaster Prevention and Management 7 1998 183 187
5. H.W. Greene Econometric Analysis 6th ed. 2008 Prentice-Hall New Jersey
6. T.A. Grigalunas, and J.J. Opaluch A natural resource damage assessment model for coastal and marine environments Geojournal 16 1988 315 321
7. C. Heij, G.E. Bijwaard, and S. Knapp Ship inspection strategies: Effects on maritime safety and environmental protection Transportation Research D 16 2011 42 48
8. S. Knapp, and P.H. Franses Econometric analysis on the effect of port state control inspections on the probability of casualty Marine Policy 31 2007 550 563
9. S. Knapp, and P.H. Franses A global view on port state control - econometric analysis of the differences across port state control regimes Maritime Policy and Management 34 2007 453 483
10. S. Knapp, and P.H. Franses Econometric analysis to differentiate effects of various ship safety inspections Marine Policy 32 2007 653 662
11. S. Knapp, and P.H.P.H. Franses Comprehensive review of the maritime safety regimes - present status and recommendations for improvements Transport Reviews 30 2009 241 270
12. S. Knapp, G.E. Bijwaard, and C. Heij Estimated incident cost savings in shipping due to inspections. Econometric Institute Report 2010-28 2010 Erasmus University Rotterdam The Netherlands
13. G.H. McClelland, W.D. Schulze, and D.L. Coursey Insurance for low-probability hazards: a bimodal response to unlikely events Journal of Risk and Uncertainty 7 1993 35 51
14. P.B. Payoyo Implementation of international conventions through port state control: an assessment Marine Policy 18 1994 379 392
15. K.W. Talley Determinants of the property damage costs of tanker accidents Transportation Research D 4 1999 413 426
16. K.W. Talley Vessel damage cost differentials: bulk, container and tanker accidents International Journal of Maritime Economics 4 2002 307 322
17. G.J. Van den Berg Duration models: specification, identification and multiple durations J.J. Heckman, E. Leamer, Handbook of Econometrics vol. 5 2001 Elsevier Science Amsterdam 3381 3460
18. P.P. Wakker, R.H. Thaler, and A. Tversky Probabilistic insurance Journal of Risk and Uncertainty 15 1997 7 28
19. J. Wood Opa 90 Maritime Policy and Management 22 1995 201 208
20. United Nations Conference on Trade and Development, 2009. Review of Maritime Transport, New York.
21. Lloyd's Register Fairplay - World Fleet Statistics 1999-2008.
22. IMO, MSC/Circ. 953, MEPC/Circ. 372, Reports on Marine Casualties and Incidents, Revised Harmonized Reporting Procedures, adopted December 14, 2000, IMO, London.
23. IMO, MSC Resolution MSC. 255(84), Casualty Investigation Code, adopted May 16, 2008, IMO, London.
24. R. Skjong Risk Acceptance Criteria Current Proposals and IMO Position. Conference on Surface Transport Technologies for Sustainable Development Valencia, Spain, June 4-6 2002
25. IMO, MSC 83/Inf.2, May 14 2007, Formal Safety Assessment-Consolidated Text of the Guidelines for Formal Safety Assessment for Use in the IMO Rule-making Process, London.
26. SAFEDOR, Risk Evaluation Criteria, European Commission Project Funded under the Sixth Framework Programme (2002-2006), 2007.
27. C.J. Grey The cost of oil spills from tankers. An analysis of IOPC fund incidents Proceedings of the International Oil Spill Conference 1999 www.itopf.com/costs.html
28. Knapp, S. (2006), The Econometrics of Maritime Safety - Recommendations to Enhance Safety at Sea, Doctoral Thesis, Erasmus Research Institute of Management, Erasmus University, Rotterdam, http://hdl.handle.net/1765/7913.
29. The 2008 Cefor NoMIS Report, Nordic Marine Insurance Statistics, http://www.cefor.no/statistics/statistics.htm.
30. Ship Operating Costs Annual Review and Forecast - 2008/09. Drewry Shipping Consultants, London, July 2008.
31. Shipping Intelligence Network, Clarksons, http://www.clarksons.net.
32. International Oil Pollution Compensation Funds, Problems Associated with Interim Payments, IOPC/APR10/5/4, 5 March 2010, London.
33. International Oil Pollution Compensation Fund 1992, Claims Manual, December 2008 Edition.
34. United Nations Commodity Trade Statistics database, http://www.undata. org.
35. United Nations Conference on Trade and Development, Review of Maritime Transport, 2007, 2006, 2004, 2003, 2001 and 2000 ed.; New York.
36. J. Hoffman The Model split of International Goods Transport, UNCTAD Transport Newsletter No 38 2008
37. Second IMO Greenhouse Gas Study 2009 2009 International Maritime Organization (IMO) London, UK April
38. Athens Convention Relating to the Carriage of Passengers and Their Luggage by Sea (PAL), 1974, www.imo.org.