Abstract Serving as the backbone of the international trade, the shipping industry is transforming towards sustainability or environmental, social, and governance (ESG). However, this transformation towards sustainability can cause new and complex challenges and risks to the shipping companies given that the shipping industry is a traditional B2B industry. This research identifies 45 sustainability risks confronted by container shipping companies comprising economic, social, and environmental perspectives. A Bayesian network model is developed to assess the container shipping company’s overall sustainability performance. Mitigation strategies are also designed. Theoretically, this research establishes a customised evaluation and mitigation framework for container shipping companies’ sustainability risks considering a decision maker’s risk appetite. The five most influential risks are ‘weak organisational governance’, ‘insufficient seafarer training & education’, ‘weak social sustainability culture’, 'maritime accident', and ‘weak environmental sustainability culture’. Managerially, this research shows that the most cost-effective solution for container shipping companies is to implement or improve internal control mechanisms.


    Zugriff

    Zugriff prüfen

    Verfügbarkeit in meiner Bibliothek prüfen

    Bestellung bei Subito €


    Exportieren, teilen und zitieren



    Titel :

    A Bayesian network model for container shipping companies’ organisational sustainability risk management


    Beteiligte:
    Zhou, Yusheng (Autor:in) / Yuen, Kum Fai (Autor:in)


    Erscheinungsdatum :

    2023-11-21




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch




    Information technology network security risk assessment and management framework for shipping companies

    Roumboutsos, Athena / Nikitakos, Nikitas / Gritzalis, Stefanos | Taylor & Francis Verlag | 2005




    Bunker Procurement Planning for Container Liner Shipping Companies

    Meng, Qiang / Wang, Yadong / Du, Yuquan | Transportation Research Record | 2015