Economic valuation of damages originated by major accidents in port areas

Ronza, A.; Lázaro-Touza, Lara; Carol, Sergi; Casal, Joaquim

doi:10.1016/j.jlp.2009.03.001

Cited by 40 publications

(24 citation statements)

References 10 publications

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“…According to Cohen, [8] financial damages in oil and gas construction can have a major impact on the company's profit profile since these damages link directly with decrease in production and downtime losses. For the environment damages, Ronza et al, [9] believe that oil and chemical spills are the main environmental threats in the oil and gas construction projects damaging vital ecological elements such as soil, natural habitat, and marine life. Ronza et al mention that the oil and gas construction companies often fail to comply with environmental requirements until the regulatory authorities like Environmental Protection Agency (EPA) start imposing penalties and fines.…”

Section: The History Of Safety Engineering System In Oil and Gas Consmentioning

confidence: 99%

Evaluation of Safety Engineering System in Oil and Gas Construction Projects in Uae

Kashwani¹

2017

geomate

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:Risk assessment is one of the most critical tools used in the safety engineering system in oil and gas construction projects due to it providing the required protection for the construction activities such as pilling, materials fabrication, and structure installation. The main purpose of risk assessment tool is to provide full protection to the four main elements that are crucial to the oil industry: People, Environment, Assets and Reputation (PEAR). The failure or defect in the risk assessment implementation in the construction stage can potentially lead to catastrophes in the advanced stages such as operation and productions. In oil and gas construction projects many historical oil spill and blow outs occurred due to a lack of efficient risk assessment in the construction phase, resulting in financial and human life losses. There are various factors that contribute to the implementation problem in the construction phase, thus, different aspects should be analyzed in the risk assessment structures to determine how the system is very closely linked. Through data analysis, it is evident that the weakness in the implementation can be related to inadequate policy and framework of the risk assessment. Organizational culture affecting employee safety behavior is another contributing reason for faulty implementation. Many scholars try to analyze the implementation problem in the oil and gas sector, along with other heavy industries, through risk regulations, risk planning and human error. This research exposes the defects and challenges in the risk assessment tool in oil and gas construction projects in UAE through a questionnaire survey. The research shows a gap in the understanding and practice of the risk assessment tool between management and operation, especially in the behavioral effects.

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Section: The History Of Safety Engineering System In Oil and Gas Consmentioning

confidence: 99%

Evaluation of Safety Engineering System in Oil and Gas Construction Projects in Uae

Kashwani¹

2017

geomate

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“…The cost of damage to people is rather difficult to estimate. Although this is a quite sensitive area, a number of attempts have been made to allow for this quantification (Ronza, Lá zaro-Touza, & Casal, 2009), particularly in cases of fatalities and injured people.…”

Section: Calculation Of Consequencesmentioning

confidence: 99%

“…The cost of damage to population includes the amounts to be paid for fatalities, injured people and evacuated people (Ronza et al, 2009). Indirect costs include the loss of profit due to breakdown cost, cost of lost wages, loss of image, etc.…”

Section: The Objective Functionmentioning

confidence: 99%

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Process design optimization and risk analysis

Medina

Arnaldos

Casal

2009

Journal of Loss Prevention in the Process Industries

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“…Due to this intense activity, ports are very important facilities for the economy of a country [8], but also "a place of risk", where harm can be directed to persons (crew/passengers/others), environment (nature) and/or property, i.e., ships/port facilities/other [4]. The port industry is one of the business sectors facing significant threats, which increase the risk taken by both investors and stakeholders in general.…”

Section: Introductionmentioning

confidence: 99%

A Risk Assessment Methodology in Container Terminals: The Case Study of the Port Container Terminal of Thessalonica, Greece

Chlomoudıs¹,

Pallis²,

Tzannatos³

2016

JTTE

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Amidst the ever increasing demand for the unhindered flow of freight throughout the world, seaport safety is emerging as a critical factor which increasingly dictates the need to establish a proactive approach towards addressing the associated risks rather than the traditional reactive response to port accidents. This paper proposes and presents a proactive methodology for port safety risk assessment (including the techno-economically effective prioritized control) which constitutes an adaptation of the FSA (Formal Safety Assessment) for ships. The ability of the proposed methodology to offer this standardized approach for PRA (Port Risk Assessment) is demonstrated through reference to the container terminal of the Greek Port of Thessalonica, for which an empirical study is contacted utilizing the historical record of encountered accidents with regard to their frequency of occurrence and their impact upon the human and environmental resources of the port.

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Economic valuation of damages originated by major accidents in port areas

Cited by 40 publications

References 10 publications

Evaluation of Safety Engineering System in Oil and Gas Construction Projects in Uae

Evaluation of Safety Engineering System in Oil and Gas Construction Projects in Uae

Process design optimization and risk analysis

A Risk Assessment Methodology in Container Terminals: The Case Study of the Port Container Terminal of Thessalonica, Greece

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