The operation of a seaport is highly dependent on the ocean climate, where a necessary consideration of the later is essential to govern the normal running of the seaborne transportation. To estimate the port risks associated with the climate factors is a challenging task. Not only because of the complexity in the weather, but also the variations in the daily trade volume. This paper develops a…
Seaport operations are highly important for industries which rely heavily on imports and exports. A reliable evaluation of port risks is essential to govern the normal running of seaborne transportation and thus the industrial economies. The occurrence of a breakdown in the trade facilitators, such as ports, will disrupt the smooth flow of supply chains for the industries. The estimation of the…