Risk Assessment by Soumyajit Dasgupta

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Risk Assessment for Ships: A General


Overview
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JULY 14, 2011 BY SOUMYAJIT DASGUPTA


Risk is like queering someone or something valued to an unknown or anticipated danger,
harm, or loss. Even though there is no such universally accepted general definition of risk,
but one commonly applied and authoritative resolution in most industrial contexts, defines
risk as A combination of the probability, or frequency, of occurrence of a defined hazard and
the magnitude of the consequences of the occurrence.
According to International Maritime Organization (IMO), risk is the combination of the
frequency and the severity of the consequence, thereby articulates two components of the
likelihood of occurrence and the probability of severity of the (un)predictable consequences.

What is Risk Assessment for Ships?


Safety management objectives of the company shouldestablish safeguards against all
identified risks so has it been stated in the paragraph 1.2.2.2 of the ISM Code (International
Safety Management Code). However this does not determine any particular approach to the

risk management theory, and it is for the company itself to choose methods appropriate in
accordance with its organizational structure, its ships and trades. The methods could vary
accordingly but how ever more or less formal they are, they should be well organised and
planned if assessment and responses are meant to be completed and act effectively, and also
the entire exercise should be documented in drafts or amendments so as to provide evidence
of the decision-making process.

ISO 8402:1995 / BS 4778 define risk management, which includes maritime risk assessment
as: The process whereby decisions are made to accept a known or assessed risk and/or the
implementation of actions to reduce the consequences or probability of occurrence.
The Marine Risk Assessment Process
Basically the risk assessment process is concerned with observing the companys activities
and operations, identifying what might go wrong, and deciding upon what should be done in
order to prevent it. The areas pertained to are:

Identification of hazards

Assessment of the risks concerned

Application of controls to reduce the risks

Monitoring of the effectiveness of the controls

The identification of hazards is most important since in determines the course of actions to be
followed thereafter. Observation of the activities helps in achieving perfect accuracy and
completeness which again can only be accomplished by a systematic process. For this it is
necessary to have professional training and instruction to assure its application in a thorough

and consistent manner. Also it is important to keep in mind that hazards must not be confused
with incidents whereas incidents must not denote consequences.

The marine risk assessment helps in evaluation of each hazard associated with the risks in
terms of the likelihood of harm and its potential aftermath. This assists in enabling the
company to imply priorities and exploit its scarce resources for greatest effect.
While settling with the application of controls, it is essential to take the frequency of the
activity into account so that a potential moderate risk may be more important to be addressed
upon than a rare but substantial risk.
The most relevant risks to monitor are:

Health and safety issues of individuals involved directly or indirectly in the activity,
or those who may be otherwise affected

Property of the company and others

The environment

Conclusion
Risk assessment for ships should be continual, flexible, reviewed regularly to improve safety
and preventing pollution. Since risk is never a constant or concrete entity, the divergence of
the nature of perception and anticipation the level of danger from the risk undertaken is
resolved by experience, training and disposition. Human behaviour towards issues, general
awareness, and constant vigilance of those involved, all play a vital role in the organisations
decision-making process in the risk assessment in ship operations.

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