ENERGY MANAGEMENT SYSTEMS AND ISO 50001 ACCREDITATION IN SHIPPING

Branislav Dragovis, Romeo Mestrovis, Amalia-Venera Todorut and Vassilis Tselentis
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Branislav Dragovis: MARITIME FACULTY, UNIVERSITY OF MONTENEGRO, KOTOR, MONTENEGRO
Romeo Mestrovis: MARITIME FACULTY, UNIVERSITY OF MONTENEGRO, KOTOR, MONTENEGRO
Amalia-Venera Todorut: CONSTANTIN BRANCUSI UNIVERSITY TARGU-JIU, EDUCATION SCIENCE AND PUBLIC MANAGEMENT
Vassilis Tselentis: DEPARTMENT OF MARITIME STUDIES, UNIVERSITY OF PIRAEUS, PIRAEUS, GREECE

Annals - Economy Series, 2016, vol. 2Special, 131-134

Abstract: The shipping sector is facing new challenges in energy consumption and management. In a recent study conducted by the European Sea Ports Organization (ESPO) has shown that energy consumption has risen from 7th place in 2009, to 2nd in 2016, as far as the 10 environmental priorities of European ports. Energy management is seen as the greatest risk for shipping companies, due to the variability existing in the oil and gas markets, in recent decades. Unsuccessful energy management strategies have been shown to have serious consequences for the natural environment, as well as for the companies themselves, which include the enhancement of global warming, and the destruction of a positive corporate image/reputation. Due to this, shipping companies now consider energy as an integral part of their overall strategy and adopt risk management assessments in order to attain the best returns on their investments. The ISO 50001 standard provides a useful tool to companies that are eager to develop and apply an efficient energy strategy consistent with modern Social Corporate Responsibility requirements and aspirations.

Keywords: ISO 50001; Energy Management Systems; shipping; ports (search for similar items in EconPapers)
Date: 2016
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