This paper explores the critical aspects of risk management in global supply chains, focusing on vulnerabilities within shipping and logistics. It outlines a comprehensive framework for risk identification, assessment, and mitigation, emphasizing proactive strategies to address potential disruptions. Key mitigation measures include diversifying suppliers and transportation routes, technological investments, insurance coverage, and enhanced collaboration. Through case studies, the paper examines successful risk management practices and draws insights from failures. It also delves into emerging trends such as technological advancements and climate change adaptation, providing a forward-looking perspective on evolving risks. The conclusion underscores the dynamic nature of global supply chain risks and advocates for continuous improvement in risk management practices to ensure resilience and sustainability.This paper explores the critical aspects of risk management in global supply chains, focusing on vulnerabilities within shipping and logistics. It outlines a comprehensive framework for risk identification, assessment, and mitigation, emphasizing proactive strategies to address potential disruptions. Key mitigation measures include diversifying suppliers and transportation routes, technological investments, insurance coverage, and enhanced collaboration. Through case studies, the paper examines successful risk management practices and draws insights from failures. It also delves into emerging trends such as technological advancements and climate change adaptation, providing a forward-looking perspective on evolving risks. The conclusion underscores the dynamic nature of global supply chain risks and advocates for continuous improvement in risk management practices to ensure resilience and sustainability.