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10 July 2020 Credit Risk Management and Control in a Maritime Supply Chain Trade Network
Jiapeng Guo
Author Affiliations +
Abstract

Guo, J., 2020. Credit risk management and control in a maritime supply chain trade network. In: Gong, D.; Zhang, M., and Liu, R. (eds.), Advances in Coastal Research: Engineering, Industry, Economy, and Sustainable Development. Journal of Coastal Research, Special Issue No. 106, pp. 109–112. Coconut Creek (Florida), ISSN 0749-0208.

Maritime transport is the link of international trade. In recent years, China's international trade volume has increased dramatically, and its marine transportation business has expanded rapidly. Its supply chain risk control system should also be upgraded to meet the market demand. This study finds that contract performance ability is the biggest source of risk. Through the comprehensive suggestions put forward in this paper, the risk rate of supply chain can be effectively controlled through property insurance, credit derivatives, and a reasonable project packaging scheme. At the same time, this paper suggests that the marine transportation supply chain should get rid of the limitation of the purchase contract and launch the supply chain products for retail to advantageous customers, which can reduce the comprehensive risk of the supply chain to a greater extent.

©Coastal Education and Research Foundation, Inc. 2020
Jiapeng Guo "Credit Risk Management and Control in a Maritime Supply Chain Trade Network," Journal of Coastal Research 106(sp1), 109-112, (10 July 2020). https://doi.org/10.2112/SI106-028.1
Received: 30 November 2019; Accepted: 5 January 2020; Published: 10 July 2020
KEYWORDS
credit risk management
international trade
Marine transportation
supply chain
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