The impact of flexible environmental policy on maritime supply chain resilience
File(s)Manuscript at Spiral.docx (615.97 KB)
Published version
Author(s)
Zavitsas, Konstantinos
Zis, Thalis
Bell, Michael GH
Type
Journal Article
Abstract
As policy makers acknowledge the high degree of supply chain vulnerability and the impact of maritime emissions on coastal population health, there has been a consistent effort to strengthen maritime security and environmental regulations. In recent years, overdependence on deeper and wider multinational supply and production chains and lean-optimization has led to tightly integrated systems with little “slack” and high sensitivity to disruptions.
This study considers the impact of Emission Control Areas and establishes a link between environmental and network resilience performance for maritime supply chains using operational cost and
emissions cost metrics. The proposed methodological framework analyzes various abatement options, disruption intensities, fuel pricing instances and regulatory strategies. The methodology utilizes a minimum cost flow assignment and an arc velocity optimization model for vessel speed to establish the payoff for various network states. Additionally, an attacker defender game is set up to identify optimal regulatory strategies under various disruption scenarios. The results are complemented by a sensitivity analysis on emissions pricing, to better equip policy makers to manage environmental and resilience legislation. The methodology and findings provide a comprehensive analytic approach to optimize maritime supply chain performance beyond minimisation of operational costs, to also minimize exposure to costly supply chain disruptions.
This study considers the impact of Emission Control Areas and establishes a link between environmental and network resilience performance for maritime supply chains using operational cost and
emissions cost metrics. The proposed methodological framework analyzes various abatement options, disruption intensities, fuel pricing instances and regulatory strategies. The methodology utilizes a minimum cost flow assignment and an arc velocity optimization model for vessel speed to establish the payoff for various network states. Additionally, an attacker defender game is set up to identify optimal regulatory strategies under various disruption scenarios. The results are complemented by a sensitivity analysis on emissions pricing, to better equip policy makers to manage environmental and resilience legislation. The methodology and findings provide a comprehensive analytic approach to optimize maritime supply chain performance beyond minimisation of operational costs, to also minimize exposure to costly supply chain disruptions.
Date Issued
2018-12-01
Date Acceptance
2018-09-27
Citation
Transport Policy, 2018, 72, pp.116-128
ISSN
0967-070X
Publisher
Elsevier
Start Page
116
End Page
128
Journal / Book Title
Transport Policy
Volume
72
Copyright Statement
© 2018 Elsevier Ltd. All rights reserved. This manuscript is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Licence http://creativecommons.org/licenses/by-nc-nd/4.0/
Subjects
Social Sciences
Science & Technology
Technology
Economics
Transportation
Business & Economics
Network resilience
Supply chain management
Emission control areas
Attacker-defender game
SPEED REDUCTION
TRANSPORTATION
VULNERABILITY
NETWORKS
PRICE
RISK
Logistics & Transportation
1205 Urban and Regional Planning
1507 Transportation and Freight Services
Publication Status
Published
Date Publish Online
2018-10-01