Sustainable Maritime Fleet Management in the Context of Global Sulphur Cap 2020

IF 1.1 Q3 TRANSPORTATION SCIENCE & TECHNOLOGY Transport and Telecommunication Journal Pub Date : 2021-02-01 DOI:10.2478/ttj-2021-0005
S. Atari
{"title":"Sustainable Maritime Fleet Management in the Context of Global Sulphur Cap 2020","authors":"S. Atari","doi":"10.2478/ttj-2021-0005","DOIUrl":null,"url":null,"abstract":"Abstract Since the implementation of Emission Control Areas (ECA) in 2015, investment decisions related to abatement technologies represent a crucial task in the maritime industry. Currently, the focus in the maritime sector is on Sulphur reductions due to SECA regulations and the legislative of Global Sulphur Cap that started in 2020. A special challenge appears in maritime fleet management where sets of ships have to be considered, representing portfolios of assets that have to be equipped with a variety of different options of abatement technologies. Modern portfolio theory has been applied to various economic decisions to achieve an optimal allocation of resources among different investment opportunities. The research investigates and discusses the application of the Markowitz´ optimization in the context of SECA regulations for maritime fleets. The optimal investment portfolios are taking into account the three most important compliance options based on the use of low Sulphur fuel, the use of LNG fuel and the use of HFO with a scrubber. The theoretical results are empirically validated by a case of a shipping line operating 10 vessels.","PeriodicalId":44110,"journal":{"name":"Transport and Telecommunication Journal","volume":"100 1","pages":"53 - 66"},"PeriodicalIF":1.1000,"publicationDate":"2021-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Transport and Telecommunication Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2478/ttj-2021-0005","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"TRANSPORTATION SCIENCE & TECHNOLOGY","Score":null,"Total":0}
引用次数: 2

Abstract

Abstract Since the implementation of Emission Control Areas (ECA) in 2015, investment decisions related to abatement technologies represent a crucial task in the maritime industry. Currently, the focus in the maritime sector is on Sulphur reductions due to SECA regulations and the legislative of Global Sulphur Cap that started in 2020. A special challenge appears in maritime fleet management where sets of ships have to be considered, representing portfolios of assets that have to be equipped with a variety of different options of abatement technologies. Modern portfolio theory has been applied to various economic decisions to achieve an optimal allocation of resources among different investment opportunities. The research investigates and discusses the application of the Markowitz´ optimization in the context of SECA regulations for maritime fleets. The optimal investment portfolios are taking into account the three most important compliance options based on the use of low Sulphur fuel, the use of LNG fuel and the use of HFO with a scrubber. The theoretical results are empirically validated by a case of a shipping line operating 10 vessels.
查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
2020年全球限硫令背景下的可持续海运船队管理
自2015年实施排放控制区(ECA)以来,与减排技术相关的投资决策是海运业的一项关键任务。目前,由于SECA法规和2020年开始的全球硫排放上限立法,海事部门的重点是硫减排。在海事船队管理中出现了一个特殊的挑战,必须考虑到船舶组,代表资产组合,必须配备各种不同的减排技术选择。现代投资组合理论已被应用于各种经济决策中,以实现资源在不同投资机会中的最优配置。本研究调查并讨论了马科维茨优化在海上船队SECA法规背景下的应用。最佳投资组合考虑了三种最重要的合规选择,即使用低硫燃料、使用液化天然气燃料和使用带洗涤器的重油。以某航运公司10艘船舶为例,对理论结果进行了实证验证。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 去求助
来源期刊
Transport and Telecommunication Journal
Transport and Telecommunication Journal TRANSPORTATION SCIENCE & TECHNOLOGY-
CiteScore
3.00
自引率
0.00%
发文量
21
审稿时长
35 weeks
期刊最新文献
Scripting Scenarios of Pedestrian Behavior in a Computer Simulator of Security Monitoring System: A Practitioner’s Perspective Phantomatic Road Works in Poland: A View from a Dashboard Cam Development and Practical Application of Hybrid Decision-Making Model for Selection of Third-Party Logistics Service Providers Analysing Distribution Approaches for Efficient Urban Logistics Optimizing Voyage Costs in Maritime Supply Chains: A Holistic Approach Towards Logistics Service Improvement and Supply Chain Finance
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1