Risk in port logistics: risk classification and mitigation framework Online publication date: Tue, 10-Nov-2020
by Kee-hung Lai; Markus Vejvar; Venus Y.H. Lun
International Journal of Shipping and Transport Logistics (IJSTL), Vol. 12, No. 6, 2020
Abstract: Ports are important nodes in maritime transportation networks. However, port managers face different types of risks in port operations which may disrupt cargo flows in the logistics chain. These risk factors are expected to increase in view of such global issues as climate change and geopolitical changes. An overview of risk classifications and mitigation strategies in port logistics can help academics and practitioners prepare for managing port logistics risks. Consequently, this paper presents a conceptual discussion of port logistics risks and illustrates an exemplary define-measure-analyse-improve-control (DMAIC) implementation framework to highlight potential risk management and mitigation strategies in port operations. Our discussion advances knowledge on the different risk factors with a practical step-by-step approach for addressing the risk in port logistics.
Online publication date: Tue, 10-Nov-2020
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Shipping and Transport Logistics (IJSTL):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email firstname.lastname@example.org