Risk Assessment of Water Transport Enterprises by Modeling Direct and Indirect Threats

Sergiy Kotenko; Svitlana Ilchenko; Valeria Kasianova; Artem Kens

doi:10.31520/2616-7107/2023.7.1-2

Sergiy Kotenko State Organization «Institute of Market and Economic & Ecological Researches of the National Academy of Sciences of Ukraine», Odesa, Ukraine http://orcid.org/0000-0003-2977-095X
Svitlana Ilchenko State Organization «Institute of Market and Economic & Ecological Researches of the National Academy of Sciences of Ukraine», Odesa, Ukraine http://orcid.org/0000-0001-6924-2225
Valeria Kasianova Private Institution of Higher Education «Odessa University of Technology «Shah»», Odesa, Ukraine http://orcid.org/0000-0002-6302-366X
Artem Kens State Organization «Institute of Market and Economic & Ecological Researches of the National Academy of Sciences of Ukraine», Odesa, Ukraine http://orcid.org/0000-0001-9834-1484

DOI: https://doi.org/10.31520/2616-7107/2023.7.1-2

Abstract

Introduction. The methods of traffic modeling by water transport and assessing the risks associated with it is needed to identify the issues of the past period, proposing methods for assessing not only direct but also indirect risks to form the preconditions for preventing them in the postwar reconstruction. The coordination of different transport type’s actions of transport requires an assessment of risks impact of the previous stages of mixed transportation on the formation of the following risks’ stages. Existing methods of assessing such impact need to be improved.

Aim and tasks. The aim of this study is creation of methodological approach to risk management in water transport based on a mathematical model for assessing the impact of both direct and indirect risks. The tasks are: to prove that the additive approach of taking risks into account leads to the systematic deviation appearance from the result; take into account the impact on the risk of cargo transportation.

Results. It has proved that the calculation of risk as an additive function leads to a systematic deviation from the relevant result. It stated that the risk of each of the next stages of transportation depends on the risks of the previous stages. To increase risk analysis relevance in water transport, the use of an oriented graph in a multidimensional parameter space proposed. It stated that in order to calculate the integrated risk, it is essential building not only the risk matrix but also the risk incidence matrix to take into account their relation to business entities. It established the impact of even minor risks could take the form of a catastrophe, which leads to cargo flows reorientation. It established that: for calculation of integral risk, it is crucial consider direct and indirect influences of risks; risk calculation for water transport also requires risk analysis in related modes of transport.

Conclusions. It was established that, when calculating integral risk, it is necessary to consider direct and indirect influences on risks and that the risk calculation for water transport also requires risk analysis in related modes of transport. The proposed approach significantly increases the relevance of water transport risk analysis and allows for managing changes in transportation routes in real time.

Keywords:

risk management, water transport, mathematical model, indirect risks

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