Ports of call in economically developing countries are commercially attractive for their expected future cargo demand. They offer reward, but also risk related to social vulnerability. International terminal operators might be adversely affected by difficulties in such countries such as acts of terrorism, civil wars, and economic crises. To mitigate the risk to international terminal operators, the authors introduce a model for assessing security in countries for terminal operation. Using it, international terminal operators can evaluate the vulnerability of countries. The model balances benefits and costs of country conditions. The authors assessed security in 42 countries according to recent incidents.
:Risk assessment; port logistics; maritime transport; economically developing country; vulnerability
Baha Aime Francka, Yutaka Watanabeb, Security Levels in Countries for International
Terminal Operations, Advances in Industrial Engineering and Management, Vol.3, No.4, 2014, pp.1-8, doi: 10.7508/AIEM-V3-N4-1-8
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