航海风险识别、评估和控制

因航运业高速发展和海员职业流动性加快,导致全球高级船员紧缺,已引发高级船员提升周期缩短、航海经验不足等现象。航海事故造成人员伤亡、财产损失和污染海洋环境等已严重威胁公共安全,航海事故预防和风险控制越来越受到人们关注。船舶海上事故频发,与船员对海上风险,尤其是船员对人为因素与事故的关系的认识不足有关。通过重点介绍航海风险,提高船员对本船和自身存在的风险意识,采取相应的防范措施。     

A simulation approach for estimating value at risk in transportation infrastructure investment decisions

Traditional economic analysis techniques used in the assessment of Public Private Partnership (PPP) projects are based upon the assumption that future cash flows are fully deterministic in nature and are not designed to account for risks involved in the assessment of future returns. In reality, many of these infrastructure projects are associated with significant risks stemming from the lack of knowledge about future cost and benefit streams. The fundamental premise of the PPP concept is to efficiently allocate risks between the public and the private partner. The return based on deterministic analysis may not depict a true picture of future economic outcomes of a PPP project for the multiple agencies involved. This deficiency underscores the importance of risk-based economic analysis for such projects. In this paper, the authors present the concept of Value-at-Risk (VaR) as a measure of effectiveness (MOE) to assess the risk share for the public and private entity in a PPP project. Bootstrap simulation is used to generate the risk profile savings in vehicle operating cost, and in travel time resulting from demand-responsive traffic. The VaR for Internal Rate of Return (IRR) is determined for public and private entity. The methodology is applied to a case study involving such a joint venture in India, the Mumbai Pune Expressway/National Highway 4 (MPEW/NH4), and fiscal implications from the perspective of the public and the private entities are examined. A comparison between deterministic and risk based economic analysis for MPEW/NH4 is presented. Risk analysis provides insightful results on the economic and financial implications from each participant's viewpoint.     

基于过程分析的工程系统风险分析方法

本文提出的基于过程分析的风险分析方法，能够对工程系统进行全面的描述，并且可以给出系统的风险事件分布。在风险识别阶段使用风险分布图和风险识别表，可使分析人员更容易了解系统的全局和细节，最大限度地避免遗漏风险事件；在风险管理阶段使用风险分布图，将风险事件与作业或生产环节相联系，可以使管理人员和作业人员直观地了解系统中风险存在的位置和形式，更有利于对风险的控制。该方法使风险分析更接近工程实际，更容易为工程技术人员所接受，是风险分析的重要工具之一。     

Evaluation of risk attitude in the shipping freight market under uncertainty

ABSTRACT

The main purpose of this study is to examine how market participants take risks, in other words, what their risk attitude/preference is, and how their risk attitude could be related to the shipping freight and other markets. To address them, we calibrated the risk attitude of participants in shipping freight markets from 2007 to 2013, and provided an example of the application of risk attitude. For market participants, risk attitude/preference has an important role in understanding shipping freight markets and managing risks under uncertainty. However, risk attitude is not directly observable. To achieve this, we applied a framework that consists of structural model and calibration with market data. We interpreted risk attitude and confirmed that a structural break occurred around 2008 for the calibrated risk attitude parameter. The average risk attitude of market participants tended to be more risk-averse after 2010. We conducted an additional analysis to provide an example of the application of calibrated risk attitude, using structural equation modeling to calculate a latent variable that reflected other commodity markets. We compared the risk attitude parameter and the latent variable, and clarified the relationship between the risk attitude parameter and commodity markets.     

Workshop 4: Designing contracts/concessions: What has worked and what has not and why?: 12th International Conference Series on Competition and Ownership in Land Passenger Transport

A contract establishes a mutual relationship between an authority and an operator. From the point of view of the authority, it is a tactical level mechanism to achieve the strategic objectives of government. Management of contractors translate the requirements of contracts into operational practices to guide the day-to-day work of staff for the delivery of services. Much can go wrong with contracts for the provision of public transport services. Workshop participants identified and ranked 25 potential risk factors. The five most important factors, which relate to objectives, tender assessment, allocation of risks, financial viability and dispute management, were examined drawing on the 11 papers presented to the workshop. Matters that work, that do not and would make the most difference to the success of contracts were identified.     

山体滑坡海事风险的三维测度方法

为了更科学地评判山体滑坡灾害导致的海事风险并且科学实施水上交通管制决策,研究山体滑坡海事风险的三维测度方法。以大中规模剧动式滑坡涌浪为研究对象,根据山体滑坡海事风险的形成过程研究其海事风险的三维测度方法,提出了以山体滑坡变形破坏阶段、滑坡涌浪规模、涌浪损毁船舶的系统风险综合系数为测度指标的海事风险评判模型,并通过实例说明该方法及风险评判模型的应用。研究结论表明:该海事风险测度方法及评判模型,考虑了山体滑坡险情水上交通管制的主要因素,全面地反映了山体滑坡灾害导致的海事风险特征。     

Evaluation of political risk in a shipping project

Shipping projects, as land-based ones, are evaluated by using different measures of merit based on discounted cash flows. The bulk carrying industry, where costs are known better than revenues, adopted the required freight rate (RFR) and its derivative the economic cost of transport (ECT) as its major measures of merit. Shipping is a business exposed to many unforeseen risks. Although many of these risks are beyond the control of the shipowners/operators, they should all be carefully weighed during the process of project selection designed for investment decisions. One such risk is the expropriation of shore-based facilities built by the shipping operator at one or more termini of the maritime distribution channel. The operator has to assess the value and probability of risk and translate them into a premium which he will levy on each unit of goods transported. Adding this premium to the required freight rate together with the inventory holding costs and marine insurance charges will produce the real economic cost of transport.     

A risk model for the operation of container vessels

Commercial shipping of containerized goods involves certain risks for human safety and environment. In order to actively manage these risks, they must be identified, analyzed, modeled, and quantified. This requires a systematical analysis of design and operation of container vessels. Within the EU-funded research project SAFEDOR, a Formal Safety Assessment has been applied to establish the current safety level of generic container ships and to identify potential cost-effective risk control options. This paper describes a structured approach to develop the underlying high-level risk model. It is structured as risk contribution tree consisting of a series of fault trees and event trees for the major accident categories. Statistical analysis of casualty data is used to estimate the probability of occurrence. Finally, the summation overall individual risk contributions yields the current risk pro file for the operation of container vessels is presented as FN-curve.     

基于解释结构模型的产品研制项目风险成因研究

风险识别和风险成因分析是风险管理的重要内容,也是提出风险防范措施和方法的基础.首先根据产品研制的流程对各个阶段的风险进行了具体的识别,进而又对产品研制的风险成因进行了提取,并运用解释结构模型对这些风险成因进行了层次分析,用于指导产品研制的风险防范.     

海外港口工程测量风险防控

为防范海外港口工程测量的多种潜在风险,以海外测量项目为背景,总结海外测量项目的主要风险源,并重点 介绍测量标准、控制测量起算资料及测量设备等因素所引发的技术风险。通过原理阐述、横向比较和案例分析,系统阐明 在海外港口测量项目中面临相关问题时所采取的办法以及相应的防控措施, 旨在为从事海外工程测量的技术人员提供借鉴。     

The measure and decision of technical risk in the development of naval vessels

The risks in development of navy vessels were explored, The resources of technical risk in the design and development of vessels were mentioned, It was pointed that technical risk dominated the other risk components. Based on the writers＇ understanding and experience from risk analysis and risk ,nanagement to the development of a navy vessel, four measure indexes of technical risk were presented. The decision criteria and the rules corresponding to the indexes were estahlished by the statistic information,     

Risk and reward in public transport contracting

This paper synthesizes evidence from the workshop on risk and reward in public transport contracting. It broadens the usual risk/reward framework to encompass strategic/tactical level issues, identifying high level community goals as the ultimate risk/reward pay-off. The evolution of tactical level public transport planning is reviewed, noting considerable change in functional roles between purchaser and provider in some jurisdictions. No single “best” approach is evident but an emerging interest in relational contracting founded on trust is apparent. Risk allocation between purchaser and provider is considered, a key debate concerning the extent to which providers should be exposed to revenue risk.     

房地产市场风险分析方法研究

随着我国市场经济的逐步完善,房地产业逐步成为国民经济的一大支柱。因此,研究房地产投资风险对我国房地产投资的有序发展具有十分重要的意义。文章介绍了利用贝叶斯(Bayes)概率理论、蒙特卡洛模拟及投影寻踪模型的三种风险分析方法。三种方法各有特点,房地产投资者可针对不同类型及严重性各不相同的风险,寻找和确定相应的风险分析办法,拟定决策方案。     

基于价值链的中海集运公司风险管理

现代海运业具有"高投资、高风险、高收益"的特点.由于风险众多而分散,传统的企业风险管理模式已难以满足现代航运企业对于风险管理的需求.从系统和集成的角度出发,提出了基于Hines价值链的航运企业风险管理模式,将航运企业面临的风险分为企业内部风险、企业间风险、价值链外部风险等3个层次;针对不同层次的风险宜采取不同的风险处理策略,并特别论述了上述3层次风险之间的关联性.作为案例,对中海集运公司的风险管理实践进行了剖析.结论表明,我国航运企业在企业内部风险管理方面已积累了丰富的经验,并开始重视通过企业间合作来削弱企业间风险的影响,但在价值链外部风险上尚乏举措,在风险管理文化的构建上亦有待深化.     

A trial application of FSA methodology to the hatchway watertight integrity of bulk carriers

Formal safety assessment (FSA) is a formal, structured and systematic methodology, aimed at enhancing maritime safety, including protection of life, property and marine environment, by using risk and cost–benefit assessments. For the application of this methodology to the rule-making process, the International Maritime Organization (IMO) presented the Interim Guidelines, which describe procedures of FSA and inputs/outputs of each procedure in detail. This paper basically deals with an application of FSA methodology according to the IMO's Interim Guidelines to the hatchway watertight integrity of bulk carriers, which was carried out as a cooperative research between Korean Register of Shipping and Seoul National University. As results of this application study, 18 hazards are identified and 32 risk control measures are devised to reduce the associated risks. Potential risks, costs and benefits when some Risk Control Options are introduced are evaluated in monetary unit of US $. Finally, some discussions and recommendations based on experiences are also given for both future work and better application of this FSA methodology to the rule-making process.     

Risk perception affecting the performance of shipping companies: the moderating effect of China and Korea

Risks in the shipping industry have been highlighted and have attracted significant attention, especially following the bankruptcy of Hanjin in 2017. Due to the decrease in container volume, the business environment for large shipping companies in China has deteriorated. Therefore, major large shipping companies have implemented mixed ownership reform, which provides more opportunities for large Korean shipping companies to enter the Chinese shipping industry. This study first identifies risk perception, specifically focusing on the moderating effect of Chinese and Korean shipping companies, and then demonstrates the impact of these risks on shipping company performance. The results show that market, operational, and technical risks have a negative influence on Chinese shipping companies, whereas market, policy, financial, operations, and technical risks have a negative influence on Korean shipping companies. This study contributes to the fundamental understanding of the effect of risk perception on performance among shipping companies in both countries and calls for further research on risk management plans based on the risk factors identified herein. On a practical level, this study provides an important reference for operators and investors who seek to enter strategic alliances or joint venture in Chinese shipping industry.     

Risk and reward in rail contracting

This workshop considered the role of risks and rewards in rail transport by considering evidence on the impacts of industry structure, franchising and infrastructure charges. A schema for the allocation of risks and rewards was developed, which indicated that strategic risks should be borne by authorities and operational risks by operators, but that tactical risks were more difficult to allocate and appropriate reward mechanisms more difficult to design. The extent to which these difficulties can be addressed by competitive tendering and alternatives such as trusting partnerships and negotiated performance based contracts was considered.     

A risk assessment model with systematical uncertainty treatment for container shipping operations

ABSTRACT

The substantial adverse effects of risk factors on container shipping and logistics promoted a deep integration of risk analysis into the decision-making process. This paper aims to develop a well-grounded quantitative model to operational risk in a container shipping context. Considering uncertainty as a primary component of the risk concept, methods were employed in an inter-complementary manner to enable not only a sense of foreseeability but also a deeper look into the weaknesses of the knowledge base. The intersubjectivity of the input extraction process was supported by the Evidential Reasoning (ER) algorithm. Risks are then assessed based on a Fuzzy Rules Bayesian Network (FRBN) model with a 2-level parameter structure before meaningful interpretations can be derived through a new risk mapping approach. Besides an illustrative case study, the model was tested by sensitivity analysis and an examination of multiple validity claims.     

The cost of second best pricing and the value of risk premium

Private provision of public infrastructure (PPP) is meant to give incentives to increased efficiency in construction as well in operation and maintenance of the infrastructure e.g. within the transport sector. Efficiency is not only (private) economic efficiency, but also social efficiency e.g. social marginal cost pricing of use of the infrastructure.Is it possible to design contracts concerning payment mechanisms and financial instruments for transport infrastructure that will stimulate social efficiency and optimal allocation of risks between parties? The paper discusses whether different targets can be met and whether compromises may lead to acceptable second best solutions.PPP implies an opportunity to let the user-payment give desired incentives in the form of Social Marginal Cost Pricing (SMCP). A PPP project is a set of contracts and agreements between several parties, including the Government, the private contractor, subcontractors, banks and infrastructure users. These contracts should be designed to give the right incentives to the parties to achieve optimal risk allocation and utilising of resources.Long contract-periods are a common feature of PPPs. The paper examines the way that financial solutions should be designed to achieve the goals for the PPP-projects concerning economic and social efficiency. The expected size and variation of the income stream from the project will influence the loan conditions offered by banks concerning interest rates, guarantees and repayment and also the ability to attract investors. The balance between equity and loans again influences the conditions of the loans. An additional problem is asymmetric information between parties. The private contractor usually knows more about the task than the Government (hidden knowledge), and the Government cannot have full knowledge of the efforts of the contractor (hidden actions).