DETERMINANTS OF CARGO DAMAGE RISK AND SEVERITY: THE CASE OF CONTAINERSHIP ACCIDENTS

This study investigates determinants of the risk and the severity of cargo damage of containership accidents, utilizing microdata of individual vessel accidents that occurred in U.S. waters for the time period 1981-1989. The empirical results suggest that this risk and severity (per ship gross ton) are less if the ship is manned by a licensed (versus an unlicensed) operator at the time of the accident, less for larger-sized (versus smaller-sized) ships, and greater for collision and fire/explosion (than for grounding) ship accidents. The severity is also greater for adrift than for docked or moored ships.

  • Corporate Authors:

    University of British Columbia, Vancouver

    Faculty of Commerce and Business Administration
    Vancouver, British Columbia  Canada  V6T 1Z2
  • Authors:
    • Talley, W K
  • Publication Date: 1996-12

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00734838
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Mar 7 1997 12:00AM