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Green Shipping: Development
Green Shipping: Development
and Development
Meet the Team
Eskedar
Mutlaq
Alex
Mojahid
Outline
02
Climate Change and
Seaborne Trade 05 Challenges for Shipping
Company
03 Sustainability in Shipping
06 Conclusion and
Recommendation
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Green Shipping
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Green Shipping
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Why are Green Shipping Solutions Important?
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Climate Change and Seaborne Trade
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Climate Change and Seaborne Trade
We act ethically
because we care We contribute to
3 2 economic development
through our performance
Good Health and Wellbeing
Good food
Gender equality
Empowering women
Highlights in 2018
First battery hybrid vessel launched.
Started using artificial intelligence on board to save fuel.
Launched a fifth sustainability focus area “equality and
inclusion”.
Became ISO 14001 certified.
Continued reducing single use plastic.
Five efficient new ships under construction.
The Challenges: Shipping Company Faces
Industry consolidation forcing freight rates down
Fuel emissions regulations and fuel price fluctuation
New environmental regulation and de-carbonization of shipping
Big data and artificial intelligences
Changing trading patterns
Social demand for sustainability
Increase of insurance premium
Lack of regulation to support their idea of innovation
Transparency → Dialogue with customers, NGO and society →
Mandatory reporting
Analog → Digitalization synchronization
Barriers to Environmentally-Friendly Shipping
Attitude of Shipping Companies: Because there are no universal standards, many
shipping companies and shipyards approach the issue of environmentally-friendly shipping in
different ways. This difference in outlooks and actions can be an issue for retailers who truly
want to offer eco shipping as part of their business.
Lack of Budget: Many businesses simply lack the budget to be able to make the huge
changes that are necessary for green shipping. This especially applies to things like making
green upgrades to existing ship fleets.
There Are Very Few Experts: To really take eco shipping to the next level, companies and
businesses need advice from experts in the International Maritime Organization (IMO). This
will allow them to access ship inspections, and IMO agreements and certifications. However,
in most countries, there are very few IMO experts available for these activities.
Issues of Domestic Law : This is another significant barrier to green shipping because
countries are slow to change their domestic laws to align with international conventions.
Conclusion and Recommendation
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Branding…?
Thank you…
References
ESSF. (2013). The European Sustainable Shipping Forum. Lisbon, Portugal: European Maritime
and Safety Agency.
EMSA. (2019). Sustainable Shipping. Retrieved from European Maritime Safety Authority:
http://www.emsa.europa.eu/implementation-tasks/environment/sustainable-toolbox.html
Im, J. L. (2005). Green shipping outlook and response strategy. , . Korea Maritime Institute, 112-
114.
Lee, T. a. (2017). A Study on Green Shipping in Major Countries: In the View of Shipyards, Shipping
Companies, Ports, and Policies. The Asian Journal of Shipping and Logistics, 33(4), 253-263.
Sustainability Times. (2019, June 8). Climate change will reshape maritime trade by 2050. Retrieved
February 4, 2020, from Sustainability Times: https://www.sustainability-times.com/sustainable-
business/climate-change-will-reshape-maritime-trade-by-2050/
UNCTAD. (2019, December 12). Climate Change and Maritime Transport. Retrieved February 4,
2020, from UNCTAD: https://unctad.org/en/Pages/DTL/TTL/Legal/Climate-Change-and-Maritime-
Transport.aspx
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