Development of a new method for assesment of safety of ships in damaged conditions with use of the mathematical risk calculation model

There is a need for developing improved methods of evaluating the safety of cargo ships that would quantify and assess the ship safety more comprehensively than current methods and further allow for a more direct comparison of ship designs safety-wise so that safety could become one of the goals of design process. This newly developed method will not only have to allow for effective determination of ship safety, but also should meet expectations from various industries. This paper presents an alternative approach to safety of ships in damaged conditions, which when further verified and evaluated, could serve as a useful tool for designers and ship operators alike. It was shown that a computationally efficient quasi-dynamic method that addresses the main drawbacks of current regulations can be formulated for evaluating the exact risk levels at any stage of vessel’s life