International Journal of Supply Chain Management
Vol 7, No 6 (2018): International Journal of Supply Chain Management (IJSCM)

Risk Assessment of Malaysia’s Maritime Supply Chain Security in Seaports and Waterways

Roh, Saeyeon ( Plymouth University)
Tam, Jason ( Plymouth University)
Lee, Sung-Woo ( Korea Maritime Institute)
Seo, Young-Joon ( Kyungpook National University)



Article Info

Publish Date
27 Dec 2018

Abstract

With the increase in terrorism and piracy threats around the world, the issue is not if an attack will occur, but where and when it will come. Ports and waterways are crucial for international trade, and damage to them may cost millions to the global economy. In the past, Malaysia has been threatened and attacked by terrorists, and pirates have hijacked ships near the coasts of the Strait of Malacca and the South China Sea. Such acts can negatively affect the country’s maritime supply chain. This research analyses the risk to Malaysia’s maritime supply chain security in ports and waterways by applying a risk assessment matrix. The findings show that Malaysian ports are vulnerable to attacks and crime due to various factors. Also, Malaysia’s waterways may always be at risk given the country’s geographical location and status as one of the most important trade routes in the world. Mitigating the risk to ports and waterways can be accomplished by investing in more advanced security equipment, eliminating corruption, and increasing the military presence in the Strait of Malacca. This research may be able to help increase ports’ policy-makers’ preparation and decision-making, helping them to address risks to ports and waterways in Southeast Asia. 

Copyrights © 2018






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 ...