Technical Papers - Finance
Operators of vessel traffic service (VTS) systems are increasingly finding they have the ability to predict challenging traffic situations. This is made possible when ships share their voyage plans with a VTS centre via common digital infrastructure that has been specially designed for maritime actors.
As supply chains become more global and interconnected, their exposure to risk increases. Higher demand volatility, unprecedented technologocial changes, and supply chain speed intensify risk exposure. In this context, academics and practitioners often suggest that supply chain have not been as exposed to risks as they are now since the end of WWII.