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Impact of the container security initiative on Taiwan's shipping industry

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  • Yi-Chih Yang

Abstract

This paper evaluates the impact of risk factors from the container security initiative on Taiwan's shipping industry by employing a risk management matrix to identify the severity and frequency of CSI risk factors, and discovers some appropriate risk management alternatives. This paper's findings are as follows: (1) The majority of risk factors have a moderate-risk level, and possible alternative risk management measures include risk prevention, self-retention and insurance. (2) Ensuring a balance between the efficiency of maritime logistics and supply chain security is of vital importance to any trading countries dealing with security risk issues. (3) The government should encourage the private sector to design and market security hardware and software, which will promote the growth of the domestic security industry and generate employment opportunities.

Suggested Citation

  • Yi-Chih Yang, 2010. "Impact of the container security initiative on Taiwan's shipping industry," Maritime Policy & Management, Taylor & Francis Journals, vol. 37(7), pages 699-722, December.
    • Handle: RePEc:taf:marpmg:v:37:y:2010:i:7:p:699-722
    DOI: 10.1080/03088839.2010.524737
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    Cited by:

    1. Yang, Ching-Chiao & Hsu, Wei-Lin, 2018. "Evaluating the impact of security management practices on resilience capability in maritime firms—a relational perspective," Transportation Research Part A: Policy and Practice, Elsevier, vol. 110(C), pages 220-233.
    2. Chia-Hsun Chang & Vinh V. Thai, 2016. "Do port security quality and service quality influence customer satisfaction and loyalty?," Maritime Policy & Management, Taylor & Francis Journals, vol. 43(6), pages 720-736, August.
    3. Efrah Wozir Abdulahi & Luo Fan, 2021. "Exploring and Validating Container Operational Risk Scale in Container Shipping: The Case of Ethiopian Shipping and Logistics Service Enterprise," Sustainability, MDPI, vol. 13(16), pages 1-21, August.
    4. Paul Somina Ezekiel (PhD), 2023. "Effect of Port Infrastructure on Performance of Eastern Nigerian Ports (2000-2022)," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(9), pages 1867-1891, September.
    5. Su-Han Woo & Hee-Seok Bang & Sally Martin & Kevin X. Li, 2013. "Evolution of research themes in Maritime Policy & Management—1973--2012," Maritime Policy & Management, Taylor & Francis Journals, vol. 40(3), pages 200-225, May.
    6. Wan, Chengpeng & Yan, Xinping & Zhang, Di & Qu, Zhuohua & Yang, Zaili, 2019. "An advanced fuzzy Bayesian-based FMEA approach for assessing maritime supply chain risks," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 125(C), pages 222-240.
    7. Wen-Jui Tseng & Chien-Chang Chou & Fu-Ting Hsu & Yu-Meng Wang & Yi-Wen Wu Nai-Wen Chang Ya-Ning Liu, 2012. "Risk Analysis of Cargos Damages for Aquatic Products of Refrigerated Containers: Shipping Operators’ Perspective in Taiwan," Information Management and Business Review, AMH International, vol. 4(2), pages 86-94.
    8. Baştuğ, Sedat & Haralambides, Hercules & Akan, Ercan & Kiraci, Kasim, 2023. "Risk mitigation in service industries: A research agenda on container shipping," Transport Policy, Elsevier, vol. 141(C), pages 232-244.
    9. Muhammad Ilyas & Zhihong Jin & Irfan Ullah & Abbas Agha Jafri, 2023. "Investigation of Risk Factors Influencing the Safety of Maritime Containers Supply Chain: In the Period of the Pandemic," Sustainability, MDPI, vol. 15(11), pages 1-18, May.

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