Managing the risks against carbon neutralization for green maritime transport

Melisa Ozbiltekin-Pala, Yigit Kazancoglu*, Stavros Karamperidis, Mangey Ram

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

Maritime transport plays a vital role in global trade. With low transport costs and high service reliability, approximately 80% of products are transported by sea. The international nature of maritime transport supports globalized production and consumption patterns. As a result, maritime transport is uniquely influenced by the convergence of environmental, geopolitical, and social factors. One of the environmental factors linked to maritime transport is emissions. Although many steps have been taken to reduce emissions within the scope of carbon neutrality by implementing new technologies and policies, the volume of emissions produced in maritime transport is still relatively high and threatens global sustainability. This research attempts to estimate the volume of carbon emissions produced by international shipping using the Simple Exponential Smoothing method. After highlighting the situation, this research aims to determine the risks that cause carbon emissions and which should be prioritized using the Graph Theory and Matrix Approach. This approach draws attention to the fact that a scientific basis has remained in the background. This study emphasizes the scientific basis of the method used to estimate carbon emissions, ensuring that geopolitical and social risks are taken into account as well as environmental factors. Thus, it offers a more comprehensive perspective to help managers and decision-makers in developing emission reduction strategies, contributing to the greening of maritime transport.

Original languageEnglish
Article number142478
JournalJournal of Cleaner Production
Volume457
DOIs
Publication statusPublished - 10 Jun 2024

ASJC Scopus subject areas

  • Renewable Energy, Sustainability and the Environment
  • General Environmental Science
  • Strategy and Management
  • Industrial and Manufacturing Engineering

Keywords

  • Carbon neutralization
  • Emissions
  • Green maritime transport
  • Sustainability

Fingerprint

Dive into the research topics of 'Managing the risks against carbon neutralization for green maritime transport'. Together they form a unique fingerprint.

Cite this