The effect of changes in wind strength and wave heights on the safety of vessels in shipping

This article investigates whether changes in oceanographic conditions can be filtered out to measure their effect of the overall safety level of ships. The article is based on a unique dataset of 3.2 million observations from 20,729 individual vessels for the time period 1979 to 2007 in the North At...

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Main Authors: Knapp, S., Shen, J.
Format: Report
Language:unknown
Subjects:
Online Access:https://repub.eur.nl/pub/16722/EI2009-22.pdf
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spelling ftrepec:oai:RePEc:ems:eureir:16722 2024-04-14T08:08:13+00:00 The effect of changes in wind strength and wave heights on the safety of vessels in shipping Knapp, S. Shen, J. https://repub.eur.nl/pub/16722/EI2009-22.pdf unknown https://repub.eur.nl/pub/16722/EI2009-22.pdf preprint ftrepec 2024-03-19T10:37:38Z This article investigates whether changes in oceanographic conditions can be filtered out to measure their effect of the overall safety level of ships. The article is based on a unique dataset of 3.2 million observations from 20,729 individual vessels for the time period 1979 to 2007 in the North Atlantic and Arctic region. It combines ship particular information, ship safety inspections, casualties, ship economic cycles and oceanographic data. Standard econometric models are used to measure whether the effect of significant wave height and wind strength towards the probability of casualty can be measured and tests whether it changed over the time period on hand since changes in oceanographic conditions have been confirmed in the literature for the North Atlantic. The results show that the effect of wind strength and significant wave height can be measured towards the probability of casualty although there is no clear seasonal pattern while overall; the probability of casualty is influenced by seasonality with the winter month showing the highest probability of casualty. With respect to changes over time periods, significant wave height shows an increasing effect in January, March, May and October while wind strength show a decreasing effect over time, especially in January, March and May. The results for significant wave height might be relevant for the policy maker such as the International Maritime Organization (IMO) in the context of developing goal based standards for ship constructions or revising common structural rules used for the design of ships. Report Arctic North Atlantic RePEc (Research Papers in Economics) Arctic
institution Open Polar
collection RePEc (Research Papers in Economics)
op_collection_id ftrepec
language unknown
description This article investigates whether changes in oceanographic conditions can be filtered out to measure their effect of the overall safety level of ships. The article is based on a unique dataset of 3.2 million observations from 20,729 individual vessels for the time period 1979 to 2007 in the North Atlantic and Arctic region. It combines ship particular information, ship safety inspections, casualties, ship economic cycles and oceanographic data. Standard econometric models are used to measure whether the effect of significant wave height and wind strength towards the probability of casualty can be measured and tests whether it changed over the time period on hand since changes in oceanographic conditions have been confirmed in the literature for the North Atlantic. The results show that the effect of wind strength and significant wave height can be measured towards the probability of casualty although there is no clear seasonal pattern while overall; the probability of casualty is influenced by seasonality with the winter month showing the highest probability of casualty. With respect to changes over time periods, significant wave height shows an increasing effect in January, March, May and October while wind strength show a decreasing effect over time, especially in January, March and May. The results for significant wave height might be relevant for the policy maker such as the International Maritime Organization (IMO) in the context of developing goal based standards for ship constructions or revising common structural rules used for the design of ships.
format Report
author Knapp, S.
Shen, J.
spellingShingle Knapp, S.
Shen, J.
The effect of changes in wind strength and wave heights on the safety of vessels in shipping
author_facet Knapp, S.
Shen, J.
author_sort Knapp, S.
title The effect of changes in wind strength and wave heights on the safety of vessels in shipping
title_short The effect of changes in wind strength and wave heights on the safety of vessels in shipping
title_full The effect of changes in wind strength and wave heights on the safety of vessels in shipping
title_fullStr The effect of changes in wind strength and wave heights on the safety of vessels in shipping
title_full_unstemmed The effect of changes in wind strength and wave heights on the safety of vessels in shipping
title_sort effect of changes in wind strength and wave heights on the safety of vessels in shipping
url https://repub.eur.nl/pub/16722/EI2009-22.pdf
geographic Arctic
geographic_facet Arctic
genre Arctic
North Atlantic
genre_facet Arctic
North Atlantic
op_relation https://repub.eur.nl/pub/16722/EI2009-22.pdf
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