Chapter
Apr 26, 2012

Risk Assessment Methodology for Marine Terminals

Publication: Ports '01: America's Ports: Gateway to the Global Economy

Abstract

Risk is present in all human activity and its magnitude is a function of the probability of an event and the severity of its consequences. Incidents not only can adversely impact on the marine terminal operator's business and financial standing but can also affect the continued public acceptance and support for the port's operation. Risk assessment methodology provides a decision-making basis and essential information that can be used to reduce the probability of incidents occurring or mitigate their consequences. This paper provides an overview of a risk methodology approach as applied to marine terminals using the "risk matrix".

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Go to Ports '01
Ports '01: America's Ports: Gateway to the Global Economy
Pages: 1 - 9

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Published online: Apr 26, 2012

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Lawrence K. Cunningham
M.ASCE
Project Manager, Han-Padron Associates LLP, Eleven Penn Plaza, New York, NY 10001-2006

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