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This study proposed a new LCC (life cycle cost) methodology with the risk expenditure taken into account for comparative evaluation of offshore process options at their conceptual design stage. The risk expenditure consisted of the failure risk expenditure and the accident risk expenditure. The former accounted for the production loss and the maintenance expense due to equipment failures while the...
This study investigated the availability and safety concerns of the conventional and prospective propulsion systems for LNG carriers:•dual-fuel steam turbine mechanical (DFSM) propulsion,•dual-fuel diesel electric (DFDE) propulsion,•dual-fuel gas turbine electric (DFGE) propulsion,•dual-fuel diesel mechanical (DFDM) propulsion, and•diesel mechanical propulsion with reliquefaction (SFDM+R).The two...
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