Exploring the geopolitical impact on the transportation cost of containers
Διερεύνηση των γεοπολιτικών επιπτώσεων στο κόστος μεταφοράς των container
Master Thesis
Author
Παπαθεοφίλου, Αναστασία Μαρία
Papatheofilou, Anastasia Maria
Date
2024-11-20Advisor
Τσιούμας, ΕυάγγελοςView/ Open
Keywords
Container trade ; Geopolitical risk ; Crisis in Red Sea ; Freight ratesAbstract
The international shipping industry is critical to global trade, yet it remains highly sensitive to geopolitical factors that can disrupt supply chains, impact container trade, and drive up costs. This study investigates the dual impact of geopolitical events on supply chain and the container trade and how the crisis in Red Sea affects the transportation cost of containers. By reviewing geopolitical risks, including political instability and international conflicts, the analysis highlights how these factors lead to increased freight rates, supply chain disruption, and environmental footprint. A questionnaire targeting industry professionals provided insights into risk perception and adaptive strategies. The findings underscore the factors influencing freight rates, driven by both geopolitical and economic variables, and reveal the wider impact of geopolitical disruptions on global logistics. This study emphasizes the need for strategic adaptations in a volatile global environment.