Green Shipping in Major Countries: An Approach towards Shipyards, Shipping Companies, Ports and Policies | Chapter 5 | New Innovations in Economics, Business and Management Vol. 10

The goal of this study is to describe green shipping and environmentally friendly boats as well as to identify the laws and the state of the market in important nations including Europe, the United States, Japan, China, and South Korea in terms of shipping firms, shipyards, ports, and policies. Vessels that adhere to the IMO Conventions, which became effective in line with IMO standards, are considered eco-friendly. Even though commercialization is still in its infancy, the introduction of environmentally friendly ships is necessary to comply with environmental laws in ports around the world and in developed nations, as well as to manage the uncertain replacement of bunker oil, which makes up the majority of operating costs in the shipping sector. This conceptual research describes and assesses the state of the green shipping industry based on past literature as well as the examples of each stakeholder in important nations. Based on the findings, this report pinpoints six important problems and offers solutions to help South Korea's strategic planning in advance of green shipping. In order to advance the technology for relevant equipment and parts, it is important to assist not only shipbuilders and major shipyards but also suppliers, trading partners, small- and medium-sized shipyards, universities, and researchers.

Author(s) Details:

Taehee Lee,

Major in International Commerce, Keimyung University, South Korea.

Hyunjeong Nam,

Department of International Trade, Duksung Women's University, South Korea.

Please see the link here: https://stm.bookpi.org/NIEBM-V10/article/view/7410