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ISSN 2083-6473
ISSN 2083-6481 (electronic version)




Associate Editor
Prof. Tomasz Neumann

Published by
TransNav, Faculty of Navigation
Gdynia Maritime University
3, John Paul II Avenue
81-345 Gdynia, POLAND
Method of Evaluation of Insurance Expediency of Stevedoring Company's Responsibility for Cargo Safety
1 National University “Odessa Maritime Academy”, Odessa, Ukraine
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.
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Citation note:
Postan M.Y., Balobanov O.O.: Method of Evaluation of Insurance Expediency of Stevedoring Company's Responsibility for Cargo Safety. TransNav, the International Journal on Marine Navigation and Safety of Sea Transportation, Vol. 5, No. 4, pp. 479-482, 2011

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