Risk in port logistics: Risk classification and mitigation framework

Kee Hung Lai, Markus Vejvar, Venus Y.H. Lun

Research output: Journal article publicationJournal articleAcademic researchpeer-review

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.

Original languageEnglish
Pages (from-to)576-596
Number of pages21
JournalInternational Journal of Shipping and Transport Logistics
Volume12
Issue number6
Publication statusPublished - Oct 2020

Keywords

  • Continuous improvement
  • Maritime logistics
  • Port operations
  • Risk classification
  • Risk management

ASJC Scopus subject areas

  • Business and International Management
  • Transportation
  • Management Science and Operations Research
  • Management of Technology and Innovation

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