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Construction and Application of Probability Models for Bulk Shipping Companies under Port State Control
|Authors: ||Chung Cheng-Chi;Liang G. S.;Her M. T.|
|Contributors: ||NTOU:Department of Shipping and Transportation Management|
Vessel arrest;Vessel inspection;Bulk shipping;Port state control (PSC)
|Issue Date: ||2012-06-18T05:52:20Z
|Publisher: ||Journal of the Chinese Institute of Transportation|
Abstract:The operation of dry bulk shipping in general is not confined to fixed routes, and bulk carriers are often confronted with the inspections of port state control officers (PSCO) all over the world. The individual execution of the PSCO inspection complies with the total targeting score of each vessel, and the arrest of vessels is carried out in accordance with vessels' deficiencies. Based on the standpoint of bulk shipping companies, this paper adopted the exponential distribution to develop a random-variable method, and determined the probability density function for both vessel inspection and vessel arrest, thereby constructing the model on the probabilities of vessel inspection and vessel arrest responding to port state control (PSC). The results of this paper showed that ship managers, flag states, vessel classification, history and characteristics of vessels can affect the probability of vessel inspection, while the number of deficient items can have an impact on the probability of vessel arrest. Additionally, the probability of vessel inspection and arrest may also have negative impacts on bulk carriers' chartering operations. The outcome of this research can be used as a good reference for bulk shipping carriers involved in chartering business.
|Relation: ||23(3), pp.315-334|
|Appears in Collections:||[航運管理學系] 期刊論文|
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