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Who is safe and who is at risk: a study of 20-year-record on accident total loss in different flags

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  • K. X. LI
  • J. WONHAM

Abstract

The study examines 20-years of data on 36 world principal fleets and on worldfleets in general, analyses their developments, and particularly their safety records in terms of accidental total loss rates. This study confirms that the open-registry ships tend toward substandard ships. However, some open-registry countries' safety records are quite acceptable. It finds that the safety record of developing maritime countries as a group is better than that of developed maritime countries, of which some are worse than the world average.

Suggested Citation

  • K. X. Li & J. Wonham, 1999. "Who is safe and who is at risk: a study of 20-year-record on accident total loss in different flags," Maritime Policy & Management, Taylor & Francis Journals, vol. 26(2), pages 137-144, April.
  • Handle: RePEc:taf:marpmg:v:26:y:1999:i:2:p:137-144
    DOI: 10.1080/030888399286961
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    References listed on IDEAS

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    1. K. X. Li, 1998. "Seamen's accidental deaths worldwide: a new approach," Maritime Policy & Management, Taylor & Francis Journals, vol. 25(2), pages 149-155, January.
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    Cited by:

    1. Georgios Bitros & Manolis Kavussanos, 2005. "A cross sectional analysis of ship maintenance expenses," Macroeconomics 0504030, University Library of Munich, Germany.
    2. Mitroussi, Kyriaki & Arghyrou, Michael G., 2016. "Institutional performance and ship registration," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 85(C), pages 90-106.
    3. Meifeng Luo & Sung-Ho Shin & Young-Tae Chang, 2017. "Duration analysis for recurrent ship accidents," Maritime Policy & Management, Taylor & Francis Journals, vol. 44(5), pages 603-622, July.
    4. Yin, Jingbo & Fan, Lixian & Li, Kevin X., 2018. "Second ship registry in flag choice mechanism: The implications for China in promoting a maritime cluster policy," Transportation Research Part A: Policy and Practice, Elsevier, vol. 107(C), pages 152-165.
    5. Kevin X. Li & Yulan Wang & Owen Tang & Jie Min, 2016. "Disclosure in insurance law: a comparative analysis," European Journal of Law and Economics, Springer, vol. 41(2), pages 349-369, April.
    6. Fan, Lixian & Luo, Meifeng & Yin, Jinbo, 2014. "Flag choice and Port State Control inspections—Empirical evidence using a simultaneous model," Transport Policy, Elsevier, vol. 35(C), pages 350-357.
    7. Hoffmann, Jan & Sanchez, Ricardo J. & Talley, Wayne K., 2004. "6. Determinants Of Vessel Flag," Research in Transportation Economics, Elsevier, vol. 12(1), pages 173-219, January.
    8. Wang, Shuaian & Yan, Ran & Qu, Xiaobo, 2019. "Development of a non-parametric classifier: Effective identification, algorithm, and applications in port state control for maritime transportation," Transportation Research Part B: Methodological, Elsevier, vol. 128(C), pages 129-157.
    9. repec:gam:jsusta:v:8:y:2016:i:4:p:390:d:68620 is not listed on IDEAS
    10. Cullinane, Kevin, 2004. "1. Editorial: Key Themes In Shipping Economics Research," Research in Transportation Economics, Elsevier, vol. 12(1), pages 1-17, January.
    11. Bye, Rolf J. & Aalberg, Asbjørn L., 2018. "Maritime navigation accidents and risk indicators: An exploratory statistical analysis using AIS data and accident reports," Reliability Engineering and System Safety, Elsevier, vol. 176(C), pages 174-186.
    12. Esma Gül Emecen Kara, 2016. "Risk Assessment in the Istanbul Strait Using Black Sea MOU Port State Control Inspections," Sustainability, MDPI, Open Access Journal, vol. 8(4), pages 1-17, April.

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