Green shipping networks as drivers of decarbonization in offshore shipping companies

Hessevik, Agnete

doi:10.1016/j.martra.2022.100053

Cited by 15 publications

(4 citation statements)

References 22 publications

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“…A comprehensive review of the literature reveals a diverse range of notable studies conducted across various countries and time periods, shedding light on the multifaceted aspects of environmental sustainability and its connection with green initiatives and policies. Hessevik [ 45 ] focuses on Norway's sustainable shipping networks from 2008 to 2020, underscoring their pivotal role in achieving climate neutrality through carbon-neutral sea transportation. This study highlights how such green shipping networks contribute significantly to reducing carbon emissions and promoting eco-friendly transportation methods.…”

Section: Literature Reviewmentioning

confidence: 99%

Examining the trade-offs in clean energy provision: Focusing on the relationship between technology transfer, renewable energy, industrial growth, and carbon footprint reduction

Zhou,

Wu,

Imran

et al. 2023

Heliyon

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Section: Literature Reviewmentioning

confidence: 99%

Examining the trade-offs in clean energy provision: Focusing on the relationship between technology transfer, renewable energy, industrial growth, and carbon footprint reduction

Zhou,

Wu,

Imran

et al. 2023

Heliyon

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“…According to Hessevik [31], shipping companies join green shipping networks to learn about new technology. Knowledge of new technologies helps technical managers in decision-making; however, belonging to clusters is not the actual driver of fleet renewal.…”

Section: Literature Reviewmentioning

confidence: 99%

Decarbonizing City Water Traffic: Case of Comparing Electric and Diesel-Powered Ferries

Otsason,

Tapaninen

2023

Sustainability

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The maritime sector aims to achieve carbon neutrality by 2050. Consequently, shipping companies are investigating efficient and optimal ways to minimize greenhouse gas emissions. One of these measures includes vessels that operate on alternative non-carbon fuels. In this study, we compared a diesel-fuelled catamaran’s greenhouse gas (GHG) emissions and its fully electric sister vessel, which operates on the same line. This study showed that the GHG emissions of the electric vessel were only 25% of those of its diesel-powered sister vessel. However, this figure highly depends on the source of electricity in the operating country. In this case, the energy cost of the fully electric vessel was 31% cheaper than the cost of diesel energy and the payback time without possible subsidy for replacing a diesel ferry with an electric one would be 17 years and 6 months. We also showed that the additional energy from solar panels sufficiently covers several application options for consumers even in winter, when there is low solar energy production. This study brings more insight into the academic literature on decreasing maritime CO2 emissions from city water traffic. Regarding its managerial implications, our study findings can be used when shipping companies evaluate options for reducing their emissions. The results of this study show that using fully electric vessels has major benefits not only concerning carbon emissions but also financially.

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“…Una empresa offshore es una organización multinacional de tipo productivo, financiero o fondo de inversión que escoge un lugar para ubicar su domicilio fiscal sin producir en él y en el cual se benefician de la protección de activos, confidencialidad y de ventajas fiscales (Hessevik, 2022;Leite y Garibaldi, 2021). De esta manera, existe una tipología ad-hoc para contextualizar los procesos de deslocalización dando pie a variantes que están en función aspectos relacionados con la propiedad (Fessel, 2023), la distancia y los procesos productivos dando paso a modalidades como las siguientes:…”

Section: Introductionunclassified

Potential of nearshoring for Mexico's economic development

Fernández Hernández,

Bravo Benítez

2023

Reg Cient

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The article focuses on analyzing the potential of "nearshoring," that is, outsourcing services and production to nearby countries, to strengthen the Mexican economy. Through a descriptive and qualitative methodology, the theoretical-methodological aspects related to the variants of nearshoring and the advantages offered by state participation in the economy are examined. The study highlights the growing global trend towards foreign direct investment. It underlines how Mexico has benefited from relocation to geographically close areas, driven by factors such as its proximity to the United States, the T-MEC, and key logistical connections, such as the transisthmian train linking the Pacific Ocean with the Gulf of Mexico. It is also noted that national and international indebtedness processes have led Mexico into a virtuous circle, requiring the authorities to focus strategically on identifying and meeting the logistics needs of foreign companies and the population itself.

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Green shipping networks as drivers of decarbonization in offshore shipping companies

Cited by 15 publications

References 22 publications

Examining the trade-offs in clean energy provision: Focusing on the relationship between technology transfer, renewable energy, industrial growth, and carbon footprint reduction

Examining the trade-offs in clean energy provision: Focusing on the relationship between technology transfer, renewable energy, industrial growth, and carbon footprint reduction

Decarbonizing City Water Traffic: Case of Comparing Electric and Diesel-Powered Ferries

Potential of nearshoring for Mexico's economic development

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