Modelling ship collision risk based on the statistical analysis of historical data: A case study in Hong Kong waters

Collision, as a common type of ship accidents, leads to serious property loss and personal injury. In this paper, a new framework of quantitative risk assessment is proposed by quantifying the probability and the corresponding consequence based on the historical accident data. Firstly, the consequences of ship collisions are quantified and classified using an equivalent consequence method. Secondly, a decision tree model is established to...