International Journal of Supply Chain Management
Vol 13, No 3 (2024): International Journal of Supply Chain Management (IJSCM)

Impact of Geopolitical Risk on the Maritime Supply Chain: A Regional Analysis of the Effects on Global Trade

Dawar, Ashraf (Unknown)
Bai, Yang (Unknown)



Article Info

Publish Date
09 Jun 2024

Abstract

Geopolitical risks have a substantial impact on the disruption of maritime supply chains, leading to economic, logistical, and security challenges. This study scrutinizes the multifaceted relationship between geopolitical risks and disruptions in maritime supply chains, with a concentration key influences and their consequences. The research syndicates case studies, data analysis, and current affairs, to provide a comprehensive examination of the matter. The findings highlight that geopolitical risks, such as political instability, conflicts, terrorism, and trade disputes, can disrupt maritime supply chains in numerous ways. These disruptions can be apparent as port closures, commotions like shipping routes, increased insurance expenses, and heightened security dealings. Such disruptions have extensive significance including amplified costs, abridged reliability, supply chain blockages, and a negative influence on international trade streams. The novelty of the study is that it takes a regional approach, inspecting how geopolitical risk influences the maritime supply chain in different geographical areas. This provides a more nuanced and universal understanding of the matter, beyond just a state perspective.

Copyrights © 2024






Journal Info

Abbrev

IJSCM

Publisher

Subject

Decision Sciences, Operations Research & Management Engineering Environmental Science Industrial & Manufacturing Engineering Transportation

Description

International Journal of Supply Chain Management (IJSCM) is a peer-reviewed indexed journal, ISSN: 2050-7399 (Online), 2051-3771 (Print), that publishes original, high quality, supply chain management empirical research that will have a significant impact on SCM theory and practice. Manuscripts ...