A Decision-Support Tool for Demolition Sale of a Vessel

Akdemir, Basak; Beşkese, Ahmet

doi:10.21278/brod70309

Cited by 4 publications

(1 citation statement)

References 31 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Ref. [76] noted that certain ship factors (such size and age) and market variables, in addition to the circumstances of the domestic market, affect the likelihood of a ship being demolished (charter rates and volatility, bunker prices, interest rates, and scrap prices), as confirmed by the studies of [77]. At the same time, Ref.…”

Section: Economic Clustermentioning

confidence: 95%

Perspectives for the Development of a Circular Economy Model to Promote Ship Recycling Practices in the European Context: A Systemic Literature Review

et al. 2023

View full text Add to dashboard Cite

The recovery of materials and components from end-of-life (EoL) ships necessitates the comprehensive demolition of vessels and the implementation of reuse processes to achieve the “circularity” of raw materials, which has potential benefits for economic and environmental sustainability. The European Union’s (EU) legislative policy, as reflected in the Ship Recycling Regulation, has been shifting towards the establishment of green markets for ship dismantling. Various literature reviews have focused on investigating EoL management and demolition activities for ships, as they play a crucial role in promoting sustainability in the ship value chain. This research aims to enhance the current state of knowledge by linking ship recycling and life cycle management activities with circular economy models. The goal is also to introduce a conceptual framework for the effective recirculation of components and raw materials. Scientific publications have been collected, reviewed, and categorized into strategic clusters to identify current and future challenges, to establish a path for potential developments in a circular economy model for ships, and to suggest future research directions that would support the implementation of a circular economy system for ship eco-design, life cycle management, and recycling. Findings provide valuable insights, particularly regarding the recognition of environmental benefits, business opportunities, and the opening of green markets in the context of ship recycling in the EU.

show abstract

Section: Economic Clustermentioning

confidence: 95%