Article: Critical success factors of strategic alliance in the shipping industry Journal: International Journal of Shipping and Transport Logistics (IJSTL) 2024 Vol.18 No.2 pp.111 - 137 Abstract: Attributing to multiple environmental, organisational and cultural factors, shipping alliances (SAs) are complex and challenging to manage. This study aims to identify and categorise the critical success factors (CSFs) in SAs using a theory-driven approach. Moreover, it looks to examine their effects on two vital outcomes in SAs, including opportunistic behaviour (OB) and constructive coordination (CC). The CSFs were categorised into phases: 1) alliance rationale and conditions; 2) partner search and selection; 3) partnership design; 4) partnership implementation; 5) partnership outcome evaluation. A survey questionnaire was then drafted and administered to 180 executives from all shipping lines involved in major SAs (i.e., 2M, Ocean Alliance and The Alliance). Thereafter, the data were analysed using exploratory factor analysis and structural equation modelling. The findings validated the categorisation of the 20 CSFs. Furthermore, it was found that the CSFs have direct and indirect effects on CC via OB. Inderscience Publishers - linking academia, business and industry through research

Title: Critical success factors of strategic alliance in the shipping industry

Authors: Hui Ting Lu; Kum Fai Yuen; Kim Hock Tan; Guanqiu Qi

Addresses: School of Civil and Environmental Engineering, Nanyang Technological University, Singapore ' School of Civil and Environmental Engineering, Nanyang Technological University, Singapore ' School of Civil and Environmental Engineering, Nanyang Technological University, Singapore ' Department of International Logistics, Chung-Ang University, South Korea

Abstract: Attributing to multiple environmental, organisational and cultural factors, shipping alliances (SAs) are complex and challenging to manage. This study aims to identify and categorise the critical success factors (CSFs) in SAs using a theory-driven approach. Moreover, it looks to examine their effects on two vital outcomes in SAs, including opportunistic behaviour (OB) and constructive coordination (CC). The CSFs were categorised into phases: 1) alliance rationale and conditions; 2) partner search and selection; 3) partnership design; 4) partnership implementation; 5) partnership outcome evaluation. A survey questionnaire was then drafted and administered to 180 executives from all shipping lines involved in major SAs (i.e., 2M, Ocean Alliance and The Alliance). Thereafter, the data were analysed using exploratory factor analysis and structural equation modelling. The findings validated the categorisation of the 20 CSFs. Furthermore, it was found that the CSFs have direct and indirect effects on CC via OB.

Keywords: shipping alliances; success factors; theoretical perspectives; structural equation model.

DOI: 10.1504/IJSTL.2024.137890

International Journal of Shipping and Transport Logistics, 2024 Vol.18 No.2, pp.111 - 137

Received: 10 Dec 2021
Accepted: 07 Aug 2022
Published online: 08 Apr 2024 *

Title: Critical success factors of strategic alliance in the shipping industry

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