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1 – 10 of over 13000
Article
Publication date: 8 August 2016

Abderrahmane Bouda, Nour El Islam Bachari, Lylia Bahmed and Ryad Boubenia

Ballast water of merchant ship is a source of introduction of invasive species around the globe. The purpose of this paper is to present a quantitative risk assessment applied to…

Abstract

Purpose

Ballast water of merchant ship is a source of introduction of invasive species around the globe. The purpose of this paper is to present a quantitative risk assessment applied to a model port, the Port of Arzew in Algeria, and based on an analysis of this port’s shipping traffic.

Design/methodology/approach

The risk assessment for introduction of invasive species is interpreted in the form of a probabilistic process, with a combination of two probabilities. The first probability is related to the ability of a species to arrive to the destination (recipient port), depending on the quantity of water ballast discharged and the duration of voyage. The second one is based on the species ability to survive in their new environment, which depends on the environmental similarity between donor port and Arzew port.

Findings

This assessment’s outcome consists on a classification of scenarios regarding their acceptability. Consequently, it helped to classify donor ports according to a risk scale, from low risk to high-risk donor ports.

Research limitations/implications

The phenomenon of invasion of aquatic species is a complex process. Factors such as adaptation and tolerance of species, the attendance or absence of predators, were not taken into account in this study.

Practical implications

This study could be used by the maritime administration as a decision-making tool regarding the issue of exemptions under the IMO International Convention on the Management of Ballast Water and Sediments 2004.

Originality/value

This is one of the first known studies in Algeria and dealing with ballast water management. The results of this assessment provide useful information to policy makers, in order to develop a national strategy to reduce the impact of shipping pollution on the marine environment.

Details

Management of Environmental Quality: An International Journal, vol. 27 no. 5
Type: Research Article
ISSN: 1477-7835

Keywords

Article
Publication date: 26 August 2022

Bishal Dey Sarkar, Ravi Shankar and Arpan Kumar Kar

Global trade depends on more complex, prolonged and larger port systems, where port logistics is a backbone for such operations. Ports are responsible for transferring more than…

Abstract

Purpose

Global trade depends on more complex, prolonged and larger port systems, where port logistics is a backbone for such operations. Ports are responsible for transferring more than 80 percent of the global trade. Port logistics are prone to being risk-oriented. The study proposes a model to study various port logistics barriers and their associated risks for emerging economies in the Industry 4.0 era.

Design/methodology/approach

The study develops a framework by integrating the fuzzy set theory, the evidential reasoning approach and the expected utility theorem for identifying the severity value of port logistics barriers under the Industry 4.0 era for emerging economies and prioritize them based on various perspectives. The study identifies multiple risks associated with the barriers, and intensity-based categorization of the risks is performed for risk profiling.

Findings

The study reveals that poor infrastructure, nonsupportive policy ecosystem, and lack of research and development are the top barriers that need immediate attention. A new approach has been proposed that changes the importance of perspectives, and 192 analytical experiments were done to study the changing behavior of barriers. The study also presents various types of risks associated with the selected barriers.

Research limitations/implications

In future studies, other barriers can be discovered and studied to develop such models. To cover the entire spectrum of possibilities, belief degrees of the barriers could be used to study the barriers instead of changing the weights.

Practical implications

This study presents a quantification model to prioritize the barriers based on environmental, economic and operational perspectives. Further, the model helps create scenarios for decision-makers to improve port logistics performance and achieve sustainability. The study identifies various risks associated with port logistics barriers and allows decision-makers to take proactive actions.

Originality/value

This study contributes significantly to the literature on port logistics by developing a framework for determining the severity of the barriers in the Industry 4.0 era for emerging economies. Further, the study pinpoints various risks associated with port logistics, and risk profiling is carried out.

Details

Benchmarking: An International Journal, vol. 30 no. 9
Type: Research Article
ISSN: 1463-5771

Keywords

Article
Publication date: 13 November 2017

Hui Shan Loh, Vinh Van Thai, Yiik Diew Wong, Kum Fai Yuen and Qingji Zhou

The purpose of this paper is to provide a risk assessment of port-centric threats that may have adverse effects on supply chain continuity from the perspectives of port operators…

1292

Abstract

Purpose

The purpose of this paper is to provide a risk assessment of port-centric threats that may have adverse effects on supply chain continuity from the perspectives of port operators and port users, thereby determining the significance of these threats to supply chain disruptions.

Design/methodology/approach

Drawing on literature review and reported cases, 19 port-centric disruptive events were identified. Subsequently, surveys were conducted to collect data from 102 port operators and 123 port users worldwide on the frequencies and consequences of the identified port-centric disruptive events. Risk matrices were then generated to compare the perspectives of port operators and port users.

Findings

The results show that threats related to the planning of port resources require the highest level of attention. This highlights important areas for port managers seeking to improve port resilience and supply chain continuity through a more prudent management of risks.

Research limitations/implications

The results help port managers understand where they should establish strategic capability to increase port resilience and enhance sustainability to benefit port users. However, the study could be further enhanced by evaluating the threats based on different regions of ports and port users and making recommendations for port operators to undertake.

Originality/value

The findings of this paper are significant as they provide an analysis of data gathered from international port operators and port users. Risk matrices have been widely applied in many industries, yet no studies have been conducted to develop a portfolio of port-centric risks at a scale as large as this paper.

Details

The International Journal of Logistics Management, vol. 28 no. 4
Type: Research Article
ISSN: 0957-4093

Keywords

Article
Publication date: 1 October 2005

Georgios I. Zekos

Globalisation is generally defined as the “denationalisation of clusters of political, economic, and social activities” that destabilize the ability of the sovereign State to…

2088

Abstract

Globalisation is generally defined as the “denationalisation of clusters of political, economic, and social activities” that destabilize the ability of the sovereign State to control activities on its territory, due to the rising need to find solutions for universal problems, like the pollution of the environment, on an international level. Globalisation is a complex, forceful legal and social process that take place within an integrated whole with out regard to geographical boundaries. Globalisation thus differs from international activities, which arise between and among States, and it differs from multinational activities that occur in more than one nation‐State. This does not mean that countries are not involved in the sociolegal dynamics that those transboundary process trigger. In a sense, the movements triggered by global processes promote greater economic interdependence among countries. Globalisation can be traced back to the depression preceding World War II and globalisation at that time included spreading of the capitalist economic system as a means of getting access to extended markets. The first step was to create sufficient export surplus to maintain full employment in the capitalist world and secondly establishing a globalized economy where the planet would be united in peace and wealth. The idea of interdependence among quite separate and distinct countries is a very important part of talks on globalisation and a significant side of today’s global political economy.

Details

Managerial Law, vol. 47 no. 5
Type: Research Article
ISSN: 0309-0558

Keywords

Content available
Article
Publication date: 12 January 2022

Thanh-Thuy Nguyen, Dung Thi My Tran, Truong Ton Hien Duc and Vinh V. Thai

This paper presents a systematic review of the literature in the domain of maritime disruption management, upon which future research framework and agenda are proposed. Two review…

3410

Abstract

Purpose

This paper presents a systematic review of the literature in the domain of maritime disruption management, upon which future research framework and agenda are proposed. Two review questions, i.e. the measures that are employed to manage disruptions and how these contribute to resilience performance, were pursued.

Design/methodology/approach

The systematic literature review procedure was strictly followed, including identification and planning, execution, selection and synthesis and analysis. A review protocol was developed, including scope, databases and criteria guiding the review. Following this, 47 articles were eventually extracted for the systematic review to identify themes for not only addressing the review questions but also highlighting future research opportunities.

Findings

It was found that earlier studies mainly focused on measures, which are designed using mathematical models, management frameworks and other technical support systems, to analyse and evaluate risks, and their impacts on maritime players at the levels of organisation, transport system and region in which the organisation is embedded. There is, however, a lack of research that empirically examines how these measures would contribute to enhancing the resilience performance of maritime firms and their organisational performance as a whole. Subsequently, a Digitally Embedded and Technically Support Maritime Disruption Management (DEST-MDM) model is proposed.

Research limitations/implications

This review is constrained by studies recorded by the Web of Science only. Nevertheless, the proposed research model would expectedly contribute to enhancing knowledge building in the specific domain of maritime disruption management and supply chain management overall while providing meaningful managerial implications to policymakers and managers in the maritime industry.

Originality/value

This research is perhaps one of the first studies which presents a systematic review of literature in maritime disruption management and proposes a future research framework that establishes the link between disruption management and resilience and organisational performance for empirical validation.

Details

Maritime Business Review, vol. 8 no. 2
Type: Research Article
ISSN: 2397-3757

Keywords

Article
Publication date: 31 December 2020

Champika Liyanage and Felix Villalba-Romero

This paper aims to identify success factors and resilience measures (RM) that contribute to disaster risk reduction (DRR) in public private partnerships (PPP) port projects in…

Abstract

Purpose

This paper aims to identify success factors and resilience measures (RM) that contribute to disaster risk reduction (DRR) in public private partnerships (PPP) port projects in Asia. Significant losses have been associated with large-scale natural hazards, such as earthquakes, tsunami, cyclones and other extreme weather events, and thus, ports need to evaluate their resilience level and adopt relevant DRR strategies to improve it.

Design/methodology/approach

A step-by-step methodology, based on literature review, port cases analysis, questionnaire survey and expert opinions, was followed.

Findings

The paper provides a research instrument extracted from a large list of measures and factors after a combined screening process was carried out. This instrument offers policymakers and researchers a tool applicable to PPP port projects in Asian countries to evaluate the level of resilience.

Research limitations/implications

Relevant RM for some specific projects may have not been considered to obtain a standardised instrument.

Originality/value

This paper fulfils an identified need to evaluate resilient port infrastructures and the output is a resilience framework to be used in PPP port projects in Asia.

Details

International Journal of Disaster Resilience in the Built Environment, vol. 12 no. 5
Type: Research Article
ISSN: 1759-5908

Keywords

Article
Publication date: 12 January 2015

Hui Shan Loh and Vinh V. Thai

The function of a port has evolved from a platform providing simple loading and unloading activities to a gateway that opens up numerous opportunities that proliferate economic…

1239

Abstract

Purpose

The function of a port has evolved from a platform providing simple loading and unloading activities to a gateway that opens up numerous opportunities that proliferate economic benefits. The effects of globalization and modern supply chain trends have reinforced the role that ports play in supply chains. This calls for contemporary studies on supply chain management to expand to address the management of supply chain disruptions that originate from port operations. The purpose of this paper is to provide perspectives from the industry on the proposed management model that seeks to address port-related supply chain disruptions (PSCD).

Design/methodology/approach

In-depth interviews were conducted with professionals from the port management and port users to preliminarily substantiate the findings.

Findings

A list of port-related supply chain threats was first identified and their occurrences were analyzed. Then, through the interviews with the management of industry players, the factors which may affect the implementation of the management model have been identified.

Research limitations/implications

This paper fills gaps in literature related to management of port risks and port resiliency.

Practical implications

The findings raised important issues in the management of PSCD with respect to strategic decision making and policy development.

Originality/value

This study contributes by aiming to minimize the potential of a list of identified threats through the implementation of a practical management model by port management to increase port resilience and maintain supply chain sustainability.

Details

Asia Pacific Journal of Marketing and Logistics, vol. 27 no. 1
Type: Research Article
ISSN: 1355-5855

Keywords

Article
Publication date: 27 July 2021

Bishal Dey Sarkar, Ravi Shankar and Arpan Kumar Kar

Presently, Indian sectors are manifesting a higher level of interdependency and making the economy more vulnerable to human-caused and natural disasters. COVID-19 pandemic creates…

Abstract

Purpose

Presently, Indian sectors are manifesting a higher level of interdependency and making the economy more vulnerable to human-caused and natural disasters. COVID-19 pandemic creates a devastating effect on the world economy. The Indian economy was expected to lose around ₹ 32,000 crores every day during the first 21 days of complete lockdown. This motivates to conduct the research on how the COVID-19 pandemic affects the port logistics sector and how the effects of COVID-19 on port logistics propagate to other sectors owing to its interconnectedness and affect the economy of the country.

Design/methodology/approach

The purpose of the study is analyze how perturbation in one sector can affect the system of interdependent sectors and it is done with interdependency analysis. It uses Wassily Leontief’s inoperability input-output model (IIM) and interval programming (IP) to develop a framework. IP is used to address situations where assumptions are not valid because of uncertainties associated with disruptive events.

Findings

The model helps in describing how the effect of the COVID-19 pandemic in port logistics can propagate owing to the interconnectedness across other sectors. The model uses the latest five-year data available on the Organisation for Economic Co-operation and Development database. It uses metrics like inoperability and economic loss to study the consequences of COVID-19 pandemic on various sectors. This study also presents the ranking of the affected sectors based on their inoperability and economic loss

Research limitations/implications

In the future study, other techniques like dynamic evolution, multiplex network analysis, analytical hierarchy process, pinch analysis, stochastic evolution and pinch graph could be integrated with input-output (I-O) modelling. Integrated stochastic evolution with an I-O model allows capturing the likelihood of the events; it includes probability distributions instead of point estimates for scenario parameters. Methods like dynamic evolution and multiplex network analysis can be introduced in future work to shed lights on interdependency among the sector, which could potentially provide additional insights for transport policy formulations.

Originality/value

This study discusses the theory, methodology and application of the IIM-IP model in the domain of port logistics. The developed IIM-IP model helps decision-makers to manage risk in port logistics. Firstly, it studies how different sectors are interconnected with each other. Secondly, it helps in identifying the most vulnerable sectors based on economic loss and inoperability. Thirdly, it provides the ranking of the sectors based on their economic losses.

Article
Publication date: 1 May 2002

Konstantinos Giziakis and Ernestini Bardi‐Giziaki

Ship accidents may create, apart from other damage, environmental pollution. For at least three decades, continuous efforts have been made by various maritime organizations, and…

1547

Abstract

Ship accidents may create, apart from other damage, environmental pollution. For at least three decades, continuous efforts have been made by various maritime organizations, and especially the IMO, to find effective ways towards reducing these accidents. This paper tries to quantify the risk of an accident leading to pollution as a result of the exposure of the ship to certain risk factors. It tests the statistical significance of the relevant risk’s magnitude by using real data that refer to pollution incidents occurring during 1993‐1997. The results have shown that 60 per cent of the accidents occurred in ports and regulated zones. The large tankers involved in pollution accidents, that happened in ports and regulated zones, present an almost seven times higher risk than smaller tankers. Most frequently these accidents are attributed to collisions, hull and machinery damage and groundings. Small bulk carriers have experienced a risk rising to ten. The paper also provides certain recommendations for policy makers and indications for further research.

Details

Disaster Prevention and Management: An International Journal, vol. 11 no. 2
Type: Research Article
ISSN: 0965-3562

Keywords

Article
Publication date: 1 August 2005

Kathryn A. Wilkens, Jean L. Heck and Steven J. Cochran

In this study, a formula is derived for the period specific beta (market risk) for a portfolio of financial assets that has been formed on the basis of directional forecasts. This…

1698

Abstract

In this study, a formula is derived for the period specific beta (market risk) for a portfolio of financial assets that has been formed on the basis of directional forecasts. This is an important contribution to the literature since measuring the risk of an actively managed portfolio is problematic due to the fact that managers may change fund risk conditional on market expectations. The period‐specific nature of the measure is a significant advantage since historical fund returns are not required and the beta is not influenced by prior fund returns' deviations from the bench mark. The methodology employed allows for the development of a time series of fund betas that permits investigation into a number of important empirical issues. This study is also of practical interest from the perspective of risk management and for both portfolio performance and attribution. Finally, there are many active strategies based on directional forecasts and the approach used here encompasses a significant proportion of these.

Details

Managerial Finance, vol. 31 no. 8
Type: Research Article
ISSN: 0307-4358

Keywords

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