Maritime risks taxonomy: A structured literature review of maritime risks classification

Overview & Synopsis

The purpose of this paper is to investigate the multi-modal Maritime risk classification, which has shown a great global attention in recent years. Disruption and uncertainties in shipping companies are the result of random events which lead to drop performance throughout the maritime transportation supply chain and they severely impact international trade. This study provides an overview of multi-modal supply chain management by reviewing 131 articles in the risk management area. This work also provides a great analysis of transportation risks, their impacts and a risk typology on multi-modal maritime supply chains management. In addition, this paper contributes to the current risk management literature by proposing a novel risk typology that permits to determine which risk carriers and shippers involved in multi-modal containers transportation should address first, thereafter this typology could be used to build a decision support tool in order to detect and mitigate risks in real-time.