Determinant Risk of Hazards in Shipwreck Removal Operations in Nigeria’s Waterways
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Greener Journal of Business and Management Studies
Abstract
The study evaluated the risk of hazards in shipwreck removal operations in
Nigeria waterways. The objective of the study was among other things, to
determine the determinant risk/hazard types influencing shipwreck removal
operations in Nigeria waterways and the relative influences of the individual risk
types. The study used a mixed method in which both primary and secondary data
were used for the study. Primary data on the risk scores of the identified
categories of risks of hazards affecting shipwreck removal operations was
obtained from survey administered to the staff of Hurmer Marine Werks Ltd, the
salvage company used as case study. The primary data was obtained by the use
of a checklist administered to randomly selected sample of the staff of Hurmer
Marine Werks Limited, Port-Harcourt, Nigeria. Secondary data was obtained from
the records maintained by the safety department of the company, over the years.
The statistical methods of major component factor analysis, and multiple
regression analysis were used to analyze the data obtained. The analysis was
implemented by the use of the SPSS version 20.1 statistical software. The result
of the study indicates that technical risks/hazards, security risks and operational
risk each with Eigen value greater than 1 (Eigen>1), significantly influence
shipwreck removal operations and as a result form the determinant risk of
hazards associated with shipwreck removal operations in Nigeria‘s waterways.
The implications on policy development were discussed and recommendations
were preferred on the basis of the research findings.
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Citation
Ofurumazi, R; Emeghara, GC; Nwokedi, TC (2023). Determinant Risk of Hazards in Shipwreck Removal Operations in Nigeria‘s Waterways. Greener Journal of Social Sciences, 13(1): 87-100.