Risk-Based Ship Design

This chapter aims to present an overview of risk-based design developments over the recent past and to attempt to demonstrate that substantial pre-requisite scientific and technological developments are in place for Risk-Based Design to be fully implemented in the maritime industry. To elucidate the realisation of the risk-based ship design concept through application, a variety of examples at basic and holistic levels using RoPax and cruise liners are presented and discussed in the second part of the present chapter.