Risk Analysis and Management for Marine Systems (original) (raw)

2002, Naval Engineers Journal

Sources of risk to marine systems include equipment failure, external events, human error, and institutional error. Equipment failure, the most readily recognized hazard on ships, may be categorized as either independent failure, such as the loss of steering due to failure of a power steering pump, or common-cause failure, such as the loss of propulsion and steering resulting from a total loss of electrical power to the ship. Risk from external events arises from hazards such as collision by other ships; sea state; wind, and ice, or other weather factors.

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