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THE EFFECT OF SUEZ CANAL BLOCKAGE ON SUPPLY CHAINS

Year 2022, Volume: 14 Issue: 1, 51 - 79, 30.06.2022
https://doi.org/10.18613/deudfd.933816

Abstract

The purpose of supply chain risk management is to understand the risks and their impacts, to take preventive actions and to determine plans to be implemented when risk events occur. Even if supply chain risks appear to be a minor risk event that was initially ignored, they can cause billions of dollars in costs and long-term supply chain disruptions at the macro level. The ship named Ever Given, which blocked the canal by accident during transportation in the Suez Canal on March 29, 2021, caused significant adverse effects in the supply chains, but also caused a break in the supply chain. In this study, the occurrence of the event is examined in terms of past marine accidents and supply chain risk management. In addition, alternative scenarios that occurred during the accident were examined, their effects on supply chains were determined, and suggestions were made against such accidents in the future. Furthermore, in the conclusion part of the study, the changes it will bring about in the supply chain approaches are included.

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Thanks

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References

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SUEZ KANALI BLOKAJININ TEDARİK ZİNCİRLERİNE ETKİSİ

Year 2022, Volume: 14 Issue: 1, 51 - 79, 30.06.2022
https://doi.org/10.18613/deudfd.933816

Abstract

Tedarik zinciri risk yönetiminin amacı, riskleri ve etkilerini anlamak, riskleri önleyici tedbirler almak ve risk olayları meydana geldiğinde uygulanacak planları belirlemektir. Tedarik zinciri riskleri, başlangıçta göz ardı edilen küçük bir risk olayı gibi görünse bile, makro düzeyde milyarlarca dolarlık maliyetlere ve uzun vadeli tedarik zinciri kesintilerine neden olabilmektedir. 29 Mart 2021'de Süveyş Kanalı'nda taşıma sırasında kanalı kaza sonucu tıkayan Ever Given adlı gemi, tedarik zincirlerinde önemli olumsuz etkilere neden olurken, tedarik zincirinde de kırılmalara neden olmuştur. Bu çalışmada, olayın meydana gelmesi geçmiş deniz kazaları ve tedarik zinciri risk yönetimi açısından incelenmiştir. Ayrıca kaza sırasında oluşan alternatif senaryolar incelenmiş, tedarik zincirlerine etkileri belirlenmiş ve ileride ortaya çıkacak bu tür kazalara karşı önerilerde bulunulmuştur. Ayrıca çalışmanın sonuç bölümünde tedarik zinciri yaklaşımlarında getireceği değişikliklere yer verilmiştir.

Project Number

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References

  • Abdel-Basset, M. and Mohamed, R. (2020). A novel plithogenic TOPSIS-CRITIC model for sustainable supply chain risk management. Journal of Cleaner Production, 247, 119586.
  • AlFadhli, M. S., AlAli, M. S. and AlKulaib, H. A. (2021). The Effect of Suez Canal Blockage on Crude Oil Prices: An Event Study Analysis. IOSR Journal of Business and Management (IOSR-JBM), 23(4), 64-66.
  • Allianz, (2021). The Suez Canal blockage –lessons to be learned. Retrieved from https://www.agcs.allianz.com/news-and-insights/expert-risk-articles/suez-canal-lessons-learned.html Access date 26.04.2021.
  • Ambulkar, S., Blackhurst, J. and Grawe, S. (2015). Firm’s resilience to supply chain disruptions: Scale development and empirical examination. Journal of Operations Management, 33, 111–122.
  • Ankel, S. (2021). Ever Given ship forbidden to leave the Suez Canal until its owners pay up to $1 billion in compensation for the chaos it caused. Retrieved from https://www.businessinsider.com/ever-given-forbidden-leave-suez-canal-until-owners-pay-compensation-2021-4 Access date 26.04.2021.
  • Azevedo-Sa, H., Zhao, H., Esterwood, C., Yang, X. J., Tilbury, D. M. and Robert Jr, L. P. (2021). How internal and external risks affect the relationships between trust and driver behavior in automated driving systems. Transportation research part C: emerging technologies, 123, 102973, 1-17.
  • Boston, W. and Nassauer, S. (2021). Companies Consider Alternative Routes, Assess Costs as Suez Canal Blockage Continues. Retrieved from https://www.wsj.com/articles/companies-consider-alternative-routes-assess-costs-as-suez-canal-blockage-continues-11616693465 Access date 02.05.2021.
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  • Cogoport, (2021). Shipping Challenges Persist In 2021: From Covid-19 To Suez Canal Blockage. Retrieved from https://www.cogoport.com/blogs/shipping-challenges-persist-in-2021-from-covid-19-to-suez-canal-blockage Access date 03.05.2021.
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  • Daultani, Y., Kumar, S., Vaidya, O. S. and Tiwari, M. K. (2015). A supply chain network equilibrium model for operational and opportunism risk mitigation. International Journal of Production Research, 53(18), 5685–5715.
  • Deutsche Welle, (2021). Opinion: Suez Canal blockage reveals globalization bottlenecks. Retrieved from https://www.dw.com/en/opinion-suez-canal-blockage-reveals-globalization-bottlenecks/a-57040234 Access date 19.04.2021.
  • DHL, (2021). Global Supply Chain Woes Deepen After Suez Canal Blockage. Retrieved from https://lot.dhl.com/global-supply-chain-woes-deepen-after-suez-canal-blockage/ Access date 30.04.2021.
  • Donatus, O. and Geraldıne, O. (2012). An Evaluation Of Nigeria’s Seaborne Trade And Demand For Sea Transport. European Journal Of Business And Management, 4 (13), 187-195.
  • European Maritime Safety Agency (EMSA), (2020). Safety Analysis of Data Reported in EMCIP - Analysis on Marine Casualties and Incidents involving Container Vessels. Retrieved from http://www.emsa.europa.eu/newsroom/latest-news/item/4276-safety-analysis-of-data-reported-in-emcip-analysis-on-marine-casualties-and-incidents-involving-container-vessels.html Access date 04.05.2021.
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  • Garvey, M. D., Carnovale, S. and Yeniyurt, S. (2015). An analytical framework for supply network risk propagation: A Bayesian network approach. European Journal of Operational Research, 242(2), 618–627.
  • Gasparotti, C. (2010). Risk assessment of marine oil spills. Environmental Engineering & Management Journal (EEMJ), 9(4), 527-534.
  • Grabowski, M., You, Z., Song, H., Wang, H. and Merrick, J. R. (2010). Sailing on friday: Developing the link between safety culture and performance in safety-critical systems. IEEE Transactions on Systems, Man, and Cybernetics-Part A: Systems and Humans, 40(2), 263-284.
  • Goodman, P. S. and Reed, S. (2021). With Suez Canal Blocked, Shippers Begin End Run Around a Trade Artery. Retrieved from https://www.nytimes.com/2021/03/26/business/suez-canal-blocked-ship.html Access date 03.05.2021.
  • Gupte, E. and Bucchioni, C. (2021). Suez Canal flows could resume soon as container ship partially refloated: sources Retrieved from https://www.spglobal.com/platts/en/market-insights/latest-news/shipping/032421-suez-canal-blocked-ever-given-container-ship-maritime-trade Access date 03.05.2021.
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There are 80 citations in total.

Details

Primary Language English
Subjects Maritime Engineering (Other)
Journal Section Articles
Authors

Özden Özkanlısoy 0000-0001-7879-0733

Erkut Akkartal 0000-0002-7090-4449

Project Number -
Publication Date June 30, 2022
Published in Issue Year 2022 Volume: 14 Issue: 1

Cite

APA Özkanlısoy, Ö., & Akkartal, E. (2022). THE EFFECT OF SUEZ CANAL BLOCKAGE ON SUPPLY CHAINS. Dokuz Eylül Üniversitesi Denizcilik Fakültesi Dergisi, 14(1), 51-79. https://doi.org/10.18613/deudfd.933816
AMA Özkanlısoy Ö, Akkartal E. THE EFFECT OF SUEZ CANAL BLOCKAGE ON SUPPLY CHAINS. Dokuz Eylül Üniversitesi Denizcilik Fakültesi Dergisi. June 2022;14(1):51-79. doi:10.18613/deudfd.933816
Chicago Özkanlısoy, Özden, and Erkut Akkartal. “THE EFFECT OF SUEZ CANAL BLOCKAGE ON SUPPLY CHAINS”. Dokuz Eylül Üniversitesi Denizcilik Fakültesi Dergisi 14, no. 1 (June 2022): 51-79. https://doi.org/10.18613/deudfd.933816.
EndNote Özkanlısoy Ö, Akkartal E (June 1, 2022) THE EFFECT OF SUEZ CANAL BLOCKAGE ON SUPPLY CHAINS. Dokuz Eylül Üniversitesi Denizcilik Fakültesi Dergisi 14 1 51–79.
IEEE Ö. Özkanlısoy and E. Akkartal, “THE EFFECT OF SUEZ CANAL BLOCKAGE ON SUPPLY CHAINS”, Dokuz Eylül Üniversitesi Denizcilik Fakültesi Dergisi, vol. 14, no. 1, pp. 51–79, 2022, doi: 10.18613/deudfd.933816.
ISNAD Özkanlısoy, Özden - Akkartal, Erkut. “THE EFFECT OF SUEZ CANAL BLOCKAGE ON SUPPLY CHAINS”. Dokuz Eylül Üniversitesi Denizcilik Fakültesi Dergisi 14/1 (June 2022), 51-79. https://doi.org/10.18613/deudfd.933816.
JAMA Özkanlısoy Ö, Akkartal E. THE EFFECT OF SUEZ CANAL BLOCKAGE ON SUPPLY CHAINS. Dokuz Eylül Üniversitesi Denizcilik Fakültesi Dergisi. 2022;14:51–79.
MLA Özkanlısoy, Özden and Erkut Akkartal. “THE EFFECT OF SUEZ CANAL BLOCKAGE ON SUPPLY CHAINS”. Dokuz Eylül Üniversitesi Denizcilik Fakültesi Dergisi, vol. 14, no. 1, 2022, pp. 51-79, doi:10.18613/deudfd.933816.
Vancouver Özkanlısoy Ö, Akkartal E. THE EFFECT OF SUEZ CANAL BLOCKAGE ON SUPPLY CHAINS. Dokuz Eylül Üniversitesi Denizcilik Fakültesi Dergisi. 2022;14(1):51-79.

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