Models and computational algorithms for maritime risk analysis

a review

Gino J. Lim, Jaeyoung Cho, Selim Bora, Taofeek Biobaku, Hamid Parsaei

Research output: Contribution to journalArticle

5 Citations (Scopus)

Abstract

Due to the undesirable implications of maritime mishaps such as ship collisions and the consequent damages to maritime property; the safety and security of waterways, ports and other maritime assets are of the utmost importance to authorities and researches. Terrorist attacks, piracy, accidents and environmental damages are some of the concerns. This paper provides a detailed literature review of over 180 papers about different threats, their consequences pertinent to the maritime industry, and a discussion on various risk assessment models and computational algorithms. The methods are then categorized into three main groups: statistical, simulation and optimization models. Corresponding statistics of papers based on year of publication, region of case studies and methodology are also presented.

Original languageEnglish
Pages (from-to)1-22
Number of pages22
JournalAnnals of Operations Research
DOIs
Publication statusAccepted/In press - 24 Jan 2018

Fingerprint

Risk analysis
Statistical model
Maritime industry
Ship
Methodology
Damage
Threat
Optimization model
Piracy
Risk assessment
Assets
Statistics
Simulation model
Terrorist attack
Safety
Environmental damage
Literature review
Accidents
Authority

Keywords

  • Literature review
  • Maritime risk analysis
  • Risk assessment
  • Risk models

ASJC Scopus subject areas

  • Decision Sciences(all)
  • Management Science and Operations Research

Cite this

Models and computational algorithms for maritime risk analysis : a review. / Lim, Gino J.; Cho, Jaeyoung; Bora, Selim; Biobaku, Taofeek; Parsaei, Hamid.

In: Annals of Operations Research, 24.01.2018, p. 1-22.

Research output: Contribution to journalArticle

Lim, Gino J. ; Cho, Jaeyoung ; Bora, Selim ; Biobaku, Taofeek ; Parsaei, Hamid. / Models and computational algorithms for maritime risk analysis : a review. In: Annals of Operations Research. 2018 ; pp. 1-22.
@article{bda7df03ecd84925ae7fb0736801f250,
title = "Models and computational algorithms for maritime risk analysis: a review",
abstract = "Due to the undesirable implications of maritime mishaps such as ship collisions and the consequent damages to maritime property; the safety and security of waterways, ports and other maritime assets are of the utmost importance to authorities and researches. Terrorist attacks, piracy, accidents and environmental damages are some of the concerns. This paper provides a detailed literature review of over 180 papers about different threats, their consequences pertinent to the maritime industry, and a discussion on various risk assessment models and computational algorithms. The methods are then categorized into three main groups: statistical, simulation and optimization models. Corresponding statistics of papers based on year of publication, region of case studies and methodology are also presented.",
keywords = "Literature review, Maritime risk analysis, Risk assessment, Risk models",
author = "Lim, {Gino J.} and Jaeyoung Cho and Selim Bora and Taofeek Biobaku and Hamid Parsaei",
year = "2018",
month = "1",
day = "24",
doi = "10.1007/s10479-018-2768-4",
language = "English",
pages = "1--22",
journal = "Annals of Operations Research",
issn = "0254-5330",
publisher = "Springer Netherlands",

}

TY - JOUR

T1 - Models and computational algorithms for maritime risk analysis

T2 - a review

AU - Lim, Gino J.

AU - Cho, Jaeyoung

AU - Bora, Selim

AU - Biobaku, Taofeek

AU - Parsaei, Hamid

PY - 2018/1/24

Y1 - 2018/1/24

N2 - Due to the undesirable implications of maritime mishaps such as ship collisions and the consequent damages to maritime property; the safety and security of waterways, ports and other maritime assets are of the utmost importance to authorities and researches. Terrorist attacks, piracy, accidents and environmental damages are some of the concerns. This paper provides a detailed literature review of over 180 papers about different threats, their consequences pertinent to the maritime industry, and a discussion on various risk assessment models and computational algorithms. The methods are then categorized into three main groups: statistical, simulation and optimization models. Corresponding statistics of papers based on year of publication, region of case studies and methodology are also presented.

AB - Due to the undesirable implications of maritime mishaps such as ship collisions and the consequent damages to maritime property; the safety and security of waterways, ports and other maritime assets are of the utmost importance to authorities and researches. Terrorist attacks, piracy, accidents and environmental damages are some of the concerns. This paper provides a detailed literature review of over 180 papers about different threats, their consequences pertinent to the maritime industry, and a discussion on various risk assessment models and computational algorithms. The methods are then categorized into three main groups: statistical, simulation and optimization models. Corresponding statistics of papers based on year of publication, region of case studies and methodology are also presented.

KW - Literature review

KW - Maritime risk analysis

KW - Risk assessment

KW - Risk models

UR - http://www.scopus.com/inward/record.url?scp=85040938830&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=85040938830&partnerID=8YFLogxK

U2 - 10.1007/s10479-018-2768-4

DO - 10.1007/s10479-018-2768-4

M3 - Article

SP - 1

EP - 22

JO - Annals of Operations Research

JF - Annals of Operations Research

SN - 0254-5330

ER -