Yesterday I cited the press release of the Norwegian shipping company Odfjell, which no longer will send their tankers through the Suez Canal, but take the long route around Africa instead, hoping to avoid being hijacked by pirates. Maybe just in the nick of time.
Shipping companies are now seriously considering avoiding the Suez Canal and take the long route around Africa instead. One Norwegian shipping company, Odfjell, has already started sending their tankers on the long route.
Shipping companies are now seriously considering avoiding the Suez Canal and take the long route around Africa instead. The Norwegian newspaper Dagbladet reports that such move could endanger this year’s Christmas, with presumed presents not arriving on time to be sold from stores.
The BBC news this morning ran an interesting and worrying story: Shipping companies are considering to avoid The Somali coast and Suez canal on their way to Europe and rather take the long route around Africa. That will make for an extra lead time of 3-4 weeks, but this could mean a temporary supply chain disruption for Europe, while the new lead times settle in.
ISO 28002 – Security management systems for the supply chain – Development of resilience in the supply chain – details how an organization can engage in a comprehensive and systematic process of prevention, protection, preparedness, mitigation, response, continuity and recovery.
If you know that your shipment will arrive late, you are perhaps less concerned with not being just in time? The Danish shipping giant Maersk has halved its top cruising speed over the last two years, thus cutting fuel costs, cutting emissions and perhaps cutting disruptions costs, too?
Today’s paper describes how Finland views logistics and supply as important to national security and how the LOGHU project was created to develop a framework for identification and ranking of threats and corresponding countermeasures.
The complex interaction of ports, maritime operations and supply chains creates vulnerabilities that requires analysis that extends beyond the immediate visible.
Sea transport constitutes the major part of almost every supply chain, and is thus a major contributor to risks in the supply chain.
Supply Chain Risk – The dark side of supply chain management. That was the title of a guest lecture I gave at Molde University College last year. This year I was asked to do the same lecture, and I said yes.
A year ago the BCC started “The Box” project, where BBC News is following a shipping container for a whole year to tell the story of globalisation. The Box is back where it started
Already in 2005, the IBM Center for the Business of Government published “Investing in Supply Chain Security: Collateral Benefits”, a report which highlights how certain security investments can create collateral benefits well beyond the immediate security breach they were aimed at.
You may not consider it the foremost supply chain risk, but piracy can endanger civilians, can disrupt the economy, can encourage corruption, and could trigger an environmental disaster.
