Author(s)

Baha Aime Franck, Yutaka Watanabe

Author affiliation

Graduate School of Tokyo University of Marine Science and Technology, Japan

Abstract

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.

Keywords

Risk assessment; port logistics; maritime transport; economically developing country; vulnerability