• Title/Summary/Keyword: Risk situation

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Mariner's Performances and the Behavior Fluctuation Affecting Navigational Safety

  • Kim, Tae-Goun;Kobayashi, Hiroaki;Song, Chae-Uk
    • Journal of Navigation and Port Research
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    • v.36 no.4
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    • pp.279-284
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    • 2012
  • This study aims to identify the degree of safety when mariners take their actions in several different situations. We have carried out many experiments to observe mariners' behavior and then measured the safety level based on their actions to avoid dangerous situations of ships collision. One of the most important actions that mariners have to take, either as their daily routine or when they are in a collision situation and then want to avoid that situation is the lookout. In this paper, behaviors on the lookout have been defined as a standard sequence of three steps which are "time of first detection", "time of recognition as risky vessel" and "time of starting avoiding action", and the suitability and applicability of the definition have been shown. And also we propose the risk assessment on ships collision and the recommendation for reducing ships collision at sea. Some analyzing results and the application of the results are reported. By combining these knowledge and some systematic studies, we propose the risk assessment on ships collision and the recommendation for reducing ships collision at sea.

Chemical Structural Approach to Understand Global Prohibition on Perfluorinated Compounds and their Uses (과불화합물의 규제 및 산업적 용도에 대한 화학구조적 고찰)

  • Choe, Eun Kyung;Ra, Jinsung;Cho, Young Dal;Song, Ki Bong;Lee, Suyeong;Seok, Gwangseol
    • Textile Coloration and Finishing
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    • v.28 no.3
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    • pp.134-155
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    • 2016
  • Perfluorinated chemicals are highly diverse and widely used. More than 160 substances are pre-registered under REACH and approximately 140 substances are in the existing chemicals list of Korea from this chemical group. Chemical structures of PFCs that are globally prohibited and still in uses are identified with OECD's classification of PFCs with an overall review on their uses in consumer products including textile products. Case examples for current domestic situation on use of PFCs as a major component of water-repelling agents in textile products as well as a brief summary of eight major PFC manufacturers' situation are presented from our survey study along the supply chains and the most recent report of EPA stewardship programme, respectively.

A study of the development of Ship's Collision Risk Algorithm by Relative bearing in Closest Position of Approach(CPA) (최근접점 상대방위에 따른 선박충돌위험알고리즘 개발에 관한 연구)

  • Lee, Jin-Suk;Song, Chae-Uk;Jung, Min
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2015.10a
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    • pp.47-48
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    • 2015
  • VTSO make a decision which one will be danger and what to expect ship's actions due to each encountering situation with CPA(Closest Point of Approach) and TCPA(Time to Closest Point of Approach) by monitoring ship's vectors(Course & Speeds) in real-time through the VTS system. This study is the fundamental research for developing algorithm and system that does not decide the collision risk in one's own ship's viewpoints, but it identifies the related ships into danger through the third party(VTS ) in real time.

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An Application of the Smart Beta Portfolio Model: An Empirical Study in Indonesia Stock Exchange

  • WASPADA, Ika Putera;SALIM, Dwi Fitrizal;FARISKA, Putri
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.9
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    • pp.45-52
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    • 2021
  • Stock price fluctuations affect investor returns, particularly, in this pandemic situation that has triggered stock market shocks. As a result of this situation, investors prefer to move their money into a safer portfolio. Therefore, in this study, we approach an efficient portfolio model using smart beta and combining others to obtain a fast method to predict investment stock returns. Smart beta is a method to selects stocks that will enter a portfolio quickly and concisely by considering the level of return and risk that has been set according to the ability of investors. A smart beta portfolio is efficient because it tracks with an underlying index and is optimized using the same techniques that active portfolio managers utilize. Using the logistic regression method and the data of 100 low volatility stocks listed on the Indonesia stock exchange from 2009-2019, an efficient portfolio model was made. It can be concluded that an efficient portfolio is formed by a group of stocks that are aggressive and actively traded to produce optimal returns at a certain level of risk in the long-term period. And also, the portfolio selection model generated using the smart beta, beta, alpha, and stock variants is a simple and fast model in predicting the rate of return with an adjusted risk level so that investors can anticipate risks and minimize errors in stock selection.

Examining Tourists' Behavior Using Protection Motivation Theory and Health Belief Model: Covid-19 Crisis (보호동기이론(PMT)과 건강신념모델(HBM)을 이용한 관광객 위기대응 행동 분석: COVID-19 위기)

  • Woo, Eun-Ju;Lee, Sang-Tak
    • Asia-Pacific Journal of Business
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    • v.13 no.1
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    • pp.301-315
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    • 2022
  • Purpose - The main objective of this study was to investigate tourists behavior by applying protection motivation theory and health belief model during COVID-19 pandemic. Specifically, the study examined how risk perception of COVID-19 affects tourists' protection motivation and travel avoidance intention. Design/methodology/approach - The empirical data was collected by self-administered questionnaires to obtain perception and behavior regarding COVID-19 pandemic situation. A total of 486 questionnaires were used for data analysis and SEM analysis was applied in order to examine seven hypotheses. Findings-The results showed that COVID-19 risk perception is a significant antecedent of threat appraisal, coping appraisal, and cue to action (H1, H2, H6). Moreover, protection motivation is affected by threat appraisal and coping appraisal (H3, H4) and influences on travel avoidance intention (H5). However, cue to action does not affect protection motivation (H7). Research implications or Originality - This study provides insightful implications for tourism industry practitioners who will prepare the post-corona field and the results enrich knowledge of the tourist behavior during pandemic situation.

Passing of Risk of Loss of the Goods under CISG (국제물품매매협약상 위험이전)

  • HEO, Hai-Kwan;OH, Tae-Hyung
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.75
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    • pp.1-28
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    • 2017
  • Article 67 of CISG which provides for the passing of risk of loss of the goods applies to the contract of sale involving carriage of the goods. The risk here is in nature the price risk. Under Article 67(1), if the seller is bound to hand the goods over to a carrier at a particular place, the risk passes to the buyer when the goods are handed over to the carrier at that place; if the seller is not bound to hand them over at a particular place, the risk passes to the buyer when the goods are handed over to the carrier. In these cases, the risk passes even though the seller duly retains documents controlling the disposition of the goods. Article 69 of CISG applies to the contract of sale that does not involve carriage of the goods. Under Article 69(1) which covers the situation that the buyer is bound to take over the goods at the place of business of the seller, the risk passes when the buyer takes over the goods, however if the buyer does not take over the goods in due time, the risk passes at the time when the goods are placed at the buyer's disposal and he commits a breach of contract by failing to take delivery. Under Article 69(2) which covers the situation that the buyer is bound to take over the goods at a place (including his own place of business) other than the place of business of the seller, the risk passes when delivery is due and the buyer is aware of the fact that the goods are placed at his disposal at that place. Under these provisions of CISG, this study suggests what should be the definition of the contract of sale involving carriage of the goods. This study goes further to looks into what should be the concepts of the handing over of the goods by the seller to the carrier, the taking over of the goods by the buyer and the placing the goods at the buyer's disposal by the seller. This study may, we hope, provide a guidance for clearer understanding of the exact time of passing of risk under CISG.

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A Study on the Development the Maritime Safety Assessment Model in Korea Waterway

  • Park, Young-Soo;Kim, Jong-Sung;Aydogdu, Volkan
    • Journal of Navigation and Port Research
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    • v.37 no.6
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    • pp.567-574
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    • 2013
  • Although Korea coastal area has the increasing potential marine accident due to frequent ship's encounter, increased vessel traffic and large vessel, there is no specific model to evaluate the navigating vessel's risk considering the domestic traffic situation. The maritime transport environmental assessment is necessary due to the amended maritime traffic law. However, marine safety diagnosis is now carried out by foreign model. In this paper, therefore, we suggest a domestic traffic model reflecting the characteristics of korea coastal area and navigator's risk as we named PARK(Potential Assessment of Risk) model. We can evaluate the subjective risk by establishing the model and model output into maritime risk exposure system. To evaluate this model's effectiveness, we used ship handling simulation and applied, analyzed collision accident which occurred in korea coastal area. And also, we applied integrated to an ECDIS program for monitoring traffic risk of vessels with real time based AIS data and apply to evaluate traffic risk in busan harbor waterway. As a result, we could evaluate busan harbor waterway risk effectively.

A two-step interval risk assessment method for water inrush during seaside tunnel excavation

  • Zhou, Binghua;Xue, Yiguo;Li, Zhiqiang;Gao, Haidong;Su, Maoxin;Qiu, Daohong;Kong, Fanmeng
    • Geomechanics and Engineering
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    • v.28 no.6
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    • pp.573-584
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    • 2022
  • Water inrush may occur during seaside urban tunnel excavation. Various factors affect the water inrush, and the water inrush mechanism is complex. In this study, nine evaluation indices having potential effects on water inrush were analysed. Specifically, the geographic and geomorphic conditions, unfavourable geology, distance from the tunnel to sea, strength of the surrounding rock, groundwater level, tidal action, cyclical footage, grouting pressure, and grouting reinforced region were analysed. Furthermore, a two-step interval risk assessment method for water inrush management during seaside urban tunnel excavation was developed by a multi-index system and interval risk assessment comprised of an interval analytic hierarchy process, fuzzy comprehensive evaluation, and relative superiority analysis. The novel assessment method was applied to the Haicang Tunnel successfully. A preliminary interval risk assessment method for water inrush was performed based on engineering geological conditions. As a result, the risk level fell into a risk level IV, which represents a section with high risk. Subsequently, a secondary interval risk assessment method was performed based on engineering geological conditions and construction conditions. The risk level of water inrush is reduced to a risk level II. The results agreed with the current tunnel situation, which verified the reliability of this approach.

Driving Vehicle Detection and Distance Estimation using Vehicle Shadow (차량 그림자를 이용한 주행 차량 검출 및 차간 거리 측정)

  • Kim, Tae-Hee;Kang, Moon-Seol
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.16 no.8
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    • pp.1693-1700
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    • 2012
  • Recently, the warning system to aid drivers for safe driving is being developed. The system estimates the distance between the driver's car and the car before it and informs him of safety distance. In this paper, we designed and implemented the collision warning system which detects the car in front on the actual road situation and measures the distance between the cars in order to detect the risk situation for collision and inform the driver of the risk of collision. First of all, using the forward-looking camera, it extracts the interest area corresponding to the road and the cars from the image photographed from the road. From the interest area, it extracts the object of the car in front through the analysis on the critical value of the shadow of the car in front and then alerts the driver about the risk of collision by calculating the distance from the car in front. Based on the results of detecting driving cars and measuring the distance between cars, the collision warning system was designed and realized. According to the result of applying it in the actual road situation and testing it, it showed very high accuracy; thus, it has been verified that it can cope with safe driving.

The Influence of Smartphone Use on Marine Traffic Safety (스마트폰 사용이 선박통항안전에 미치는 영향에 관한 연구)

  • Shin, Daewoon;Park, Youngsoo;Park, Jinsoo
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.23 no.2
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    • pp.131-138
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    • 2017
  • Lately, Internet-based vessels have begun to appear at sea with the development of ICT. Thereby crews have gained easy Internet access through increased smartphone portability. However, the side effects of smartphone use while on watch, have not been studied seriously despite being a reality. In this study, simulation experiments were carried out using a Ship Handling Simulator in order to distinguish the risks of using a smartphone while on watch. Proximity Evaluation, Control Evaluation, Subjective Evaluation and Situation Awareness to the dangerous situation were used to quantify risk during simulation, and analysis results were compared with cases when using and not using a smartphone. It was found that the degree of risk increased between 1.3 to 3 times given smartphone use. Consequently, this paper represents foundation for the restriction of smartphone use and proposes smartphone usage guideline for ship navigation.