{"title":"An evaluation of operational risks for general cargo ship operators","authors":"Ji-Feng Ding","doi":"10.21278/brod75101","DOIUrl":null,"url":null,"abstract":"As general cargo ships (GCSs) hold certain advantages over more mainstream shipping services, GCSs have a considerable degree of importance in the shipping market. This paper focuses on the use of risk evaluation procedures to perform empirical analysis of the operational risk faced by GCS operators, which is a subject that has garnered relatively little academic attention. After identifying risk factors, four risk aspects and 16 operational risk factors are determined and used to construct an Analytic Hierarchy Process (AHP)-based risk matrix evaluation model. An expert questionnaire addressing both subjective and objective facets is then used to perform evaluation of the model, enabling conversion of the relative weights to risk scales. Lastly, the determination of each risk factor’s risk areas allows the proposal of risk management strategies. The results indicate that four of the risk factors are in the high risk area; these consisted of the loading stage factor “delays at port of loading,” the laden voyage stage factor “poor stowage and securing,” the laden voyage stage factor “perils of the sea,” and the discharging stage factor “delays at port of discharge.” This paper also proposes risk management strategies on the basis of the experts’ recommendations, and its findings can provide shipowners and charterers with a reference for the drafting of risk clauses when entering into a charter party.","PeriodicalId":55594,"journal":{"name":"Brodogradnja","volume":null,"pages":null},"PeriodicalIF":3.9000,"publicationDate":"2024-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Brodogradnja","FirstCategoryId":"5","ListUrlMain":"https://doi.org/10.21278/brod75101","RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ENGINEERING, MARINE","Score":null,"Total":0}
引用次数: 0
Abstract
As general cargo ships (GCSs) hold certain advantages over more mainstream shipping services, GCSs have a considerable degree of importance in the shipping market. This paper focuses on the use of risk evaluation procedures to perform empirical analysis of the operational risk faced by GCS operators, which is a subject that has garnered relatively little academic attention. After identifying risk factors, four risk aspects and 16 operational risk factors are determined and used to construct an Analytic Hierarchy Process (AHP)-based risk matrix evaluation model. An expert questionnaire addressing both subjective and objective facets is then used to perform evaluation of the model, enabling conversion of the relative weights to risk scales. Lastly, the determination of each risk factor’s risk areas allows the proposal of risk management strategies. The results indicate that four of the risk factors are in the high risk area; these consisted of the loading stage factor “delays at port of loading,” the laden voyage stage factor “poor stowage and securing,” the laden voyage stage factor “perils of the sea,” and the discharging stage factor “delays at port of discharge.” This paper also proposes risk management strategies on the basis of the experts’ recommendations, and its findings can provide shipowners and charterers with a reference for the drafting of risk clauses when entering into a charter party.
期刊介绍:
The journal is devoted to multidisciplinary researches in the fields of theoretical and experimental naval architecture and oceanology as well as to challenging problems in shipbuilding as well shipping, offshore and related shipbuilding industries worldwide. The aim of the journal is to integrate technical interests in shipbuilding, ocean engineering, sea and ocean shipping, inland navigation and intermodal transportation as well as environmental issues, overall safety, objects for wind, marine and hydrokinetic renewable energy production and sustainable transportation development at seas, oceans and inland waterways in relations to shipbuilding and naval architecture. The journal focuses on hydrodynamics, structures, reliability, materials, construction, design, optimization, production engineering, building and organization of building, project management, repair and maintenance planning, information systems in shipyards, quality assurance as well as outfitting, powering, autonomous marine vehicles, power plants and equipment onboard. Brodogradnja publishes original scientific papers, review papers, preliminary communications and important professional papers relevant in engineering and technology.