Turbulent waters in the red sea: understanding maritime shipping business impacts and implications
Alka Rai ()
Additional contact information
Alka Rai: NTPC School of Business
Journal of Transportation Security, 2025, vol. 18, issue 1, No 17, 31 pages
Abstract:
Abstract The Red Sea shipping lanes have suffered over the past few months due to escalating geopolitical tensions. Since October 2023, Yemen’s Houthi rebels have been targeting commercial vessels, and the situation is still ongoing. The Red Sea is the shortest and quickest route between Asia and Europe linking the Mediterranean Sea to the Indian Ocean through the Suez Canal, a disruption here could further strain the global supply chain, and economy. Considering the criticality of the ongoing conflict in the Red Sea area, this study attempts to review the related course of events on the maritime shipping business and explore the impacts and implications of the crisis. Varied sources of data have been referred to for the study, including archival data sources and semi-structured interviews with a group of stakeholders. The study follows the qualitative methods, the data analysis process identifies the “overarching categories” by carrying the progression of empirical data into broader conceptual layers for exploring the research question of the study. The findings substantiate that the crisis affects various aspects of maritime business, including operational difficulties, financial concerns, human resources and ethics-related issues, and reputational risks. Further, the responses of the stakeholders on the Red Sea conflict and maritime business are identified, and the findings have been applied to draw the discussion and implications (including ethical) for the future. Overall, the study illustrates that conflicts or disturbances in one region of the world may have far-reaching global repercussions, disrupting business operations worldwide.
Keywords: Red sea crisis; Maritime business; Shipping; Ethics; Red sea conflict; Response; Geopolitical conflict; Geopolitics; Maritime trade; Maritime supply chain (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:
Downloads: (external link)
http://link.springer.com/10.1007/s12198-025-00299-7 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:jtrsec:v:18:y:2025:i:1:d:10.1007_s12198-025-00299-7
Ordering information: This journal article can be ordered from
http://www.springer.com/journal/12198
DOI: 10.1007/s12198-025-00299-7
Access Statistics for this article
Journal of Transportation Security is currently edited by Andrew Thomas
More articles in Journal of Transportation Security from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().