The contribution of this study is twofold. First, the proposed QRA model can be further embedded into a ship traffic simulation model which is used to generate ship movement trajectories in the future. The combination of the proposed QRA model and ship traffic simulations could be able to check the viability of new navigational safety strategy which will be implemented in fairways, by identifying whether both the estimated accident frequency and consequence exceed the acceptable risk levels or not. Second, the proposed QRA model can help shipping companies identify the risky areas of the fairway.