@article{Postan_Balobanov_2011, author = {Postan, Mykhaylo and Balobanov, Oleksandr}, title = {Method of Evaluation of Insurance Expediency of Stevedoring Company's Responsibility for Cargo Safety}, journal = {TransNav, the International Journal on Marine Navigation and Safety of Sea Transportation}, volume = {5}, number = {4}, pages = {479-482}, year = {2011}, url = {./Article_Method_of_Evaluation_of_Insurance_Postan,20,318.html}, abstract = {The method of insurance expediency of stevedoring company?s responsibility for safety of con-tainers under their transshipment at port?s terminal is proposed. This method is based on representation of terminal as a queueing system of GI/G/m type and on comparison of the stevedoring company?s insurance expenditures and random value of transshipped containers? total damage (sum insured) for a given period of time.}, issn = {2083-6473}, publisher = {Gdynia Maritime University, Faculty of Navigation}, keywords = {Insurance Expediency, Cargo Safety, Responsibility, Stevedoring Company’s Responsibility, Sea Transportation, Safety of Containers, Risk Management, Statistical Study} }