A Consequence-Based Response Framework for More Resilient Shipping Amidst Growing Uncertainty

The 2011 Fukushima disaster and the 2020 COVID-19 pandemic are two major 21st century events that were least expected while being highly disruptive, having an immediate as well as longer-term impact on shipping operations. However, while pandemics are a recurrent phenomenon of the “known-knowns” typ...

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Main Authors: Helen Thanopoulou, Siri Pettersen Strandenes
Format: Article
Language:English
Published: MDPI AG 2025-01-01
Series:Journal of Marine Science and Engineering
Subjects:
Online Access:https://www.mdpi.com/2077-1312/13/1/93
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author Helen Thanopoulou
Siri Pettersen Strandenes
author_facet Helen Thanopoulou
Siri Pettersen Strandenes
author_sort Helen Thanopoulou
collection DOAJ
description The 2011 Fukushima disaster and the 2020 COVID-19 pandemic are two major 21st century events that were least expected while being highly disruptive, having an immediate as well as longer-term impact on shipping operations. However, while pandemics are a recurrent phenomenon of the “known-knowns” type, the combination of phenomena which led to Fukushima had no assigned probability; hence, no preparedness was in place, as this was practically a unique occurrence in shipping. Considering significant shipping incidents of various less or more uncommon etiologies, such as the capsizing of vessels, missile attacks on merchant ships or vessel-onto-bridge collisions, this conceptual paper puts forward a consequence-based approach for assessing and managing shocks in the maritime domain, especially the ones classified in the “unknown-unknowns” or “Black Swan” categories. In the context of preparedness theory, the authors propose the adoption by shipping businesses, in parallel to any other risk approaches and tools, of the Assessment-reaction-Recovery-Conversion (ArRC) framework for managing risk and of relevant key recovery indicators which may assist in (a) increasing resilience through focusing the recovery planning on consequence-oriented, root-neutral reactions and (b) in promoting a “bounce-back-better” frame of mind and action plan, contributing to faster and easier recovery after a shock of any type.
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spelling doaj-art-90d5c6fe5e4343a88758cd253ec2500b2025-01-24T13:36:50ZengMDPI AGJournal of Marine Science and Engineering2077-13122025-01-011319310.3390/jmse13010093A Consequence-Based Response Framework for More Resilient Shipping Amidst Growing UncertaintyHelen Thanopoulou0Siri Pettersen Strandenes1Department of Shipping, Trade and Transport, University of the Aegean, 82132 Chios, GreeceDepartment of Economics, Norwegian School of Economics, 5045 Bergen, NorwayThe 2011 Fukushima disaster and the 2020 COVID-19 pandemic are two major 21st century events that were least expected while being highly disruptive, having an immediate as well as longer-term impact on shipping operations. However, while pandemics are a recurrent phenomenon of the “known-knowns” type, the combination of phenomena which led to Fukushima had no assigned probability; hence, no preparedness was in place, as this was practically a unique occurrence in shipping. Considering significant shipping incidents of various less or more uncommon etiologies, such as the capsizing of vessels, missile attacks on merchant ships or vessel-onto-bridge collisions, this conceptual paper puts forward a consequence-based approach for assessing and managing shocks in the maritime domain, especially the ones classified in the “unknown-unknowns” or “Black Swan” categories. In the context of preparedness theory, the authors propose the adoption by shipping businesses, in parallel to any other risk approaches and tools, of the Assessment-reaction-Recovery-Conversion (ArRC) framework for managing risk and of relevant key recovery indicators which may assist in (a) increasing resilience through focusing the recovery planning on consequence-oriented, root-neutral reactions and (b) in promoting a “bounce-back-better” frame of mind and action plan, contributing to faster and easier recovery after a shock of any type.https://www.mdpi.com/2077-1312/13/1/93shipping risksrisk managementdecision analysisexogenous shocksconsequence-oriented decisions
spellingShingle Helen Thanopoulou
Siri Pettersen Strandenes
A Consequence-Based Response Framework for More Resilient Shipping Amidst Growing Uncertainty
Journal of Marine Science and Engineering
shipping risks
risk management
decision analysis
exogenous shocks
consequence-oriented decisions
title A Consequence-Based Response Framework for More Resilient Shipping Amidst Growing Uncertainty
title_full A Consequence-Based Response Framework for More Resilient Shipping Amidst Growing Uncertainty
title_fullStr A Consequence-Based Response Framework for More Resilient Shipping Amidst Growing Uncertainty
title_full_unstemmed A Consequence-Based Response Framework for More Resilient Shipping Amidst Growing Uncertainty
title_short A Consequence-Based Response Framework for More Resilient Shipping Amidst Growing Uncertainty
title_sort consequence based response framework for more resilient shipping amidst growing uncertainty
topic shipping risks
risk management
decision analysis
exogenous shocks
consequence-oriented decisions
url https://www.mdpi.com/2077-1312/13/1/93
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