“…Furthermore, all elements inside the damaged area, after collision or grounding events, are deleted from the structural model and the Smith method (IACS, 2015a), based on equilibrium of axial forces, is applied, disregarding the equilibrium of the horizontal bending moment, in case of asymmetrically damaged cross-sections, and neglecting the combined effects of vertical shear (Campanile et al, 2010) and non-uniform torsion (Campanile et al, 2009). Really, it is conceivable that hull girder residual strength is generally affected by several sources of uncertainties, during the entire ship lifetime, mainly due to: (i) random corrosion wastage of structural elements (Kim et al, 2014), (ii) welding residual stresses and fatigue (Paik et al, 1998;Paik and Frieze, 2001;Saydam and Frangopol, 2013;Zhu and Frangopol, 2013), (iii) randomness of geometrical (Ivanov, 1986) and material (Vhanmane and Bhattacharya, 2011) properties, (iv) randomness of damage size and location. In this respect, this is the main reason why hull girder ultimate and residual strength variation coefficients are generally affected by a certain variability, as gathered from different values proposed by several researchers in the last two decades: 0.08 (Guedes Soares et al, 1996), 0.10 (Teixeira, 1997Paik and Frieze, 2001;Fang and Das, 2005), 0.15 (Mansour and Howen, 1994).…”