Bridging Technical Challenges and Economic Goals: Project Management for Energy Transition in Maritime Retrofitting

Dimitrios Lyridis () and Evanthia Kostidi ()
Additional contact information
Dimitrios Lyridis: Laboratory for Maritime Transport, School of Naval Architecture and Marine Engineering, National Technical, University of Athens, 15773 Athens, Greece
Evanthia Kostidi: Laboratory for Maritime Transport, School of Naval Architecture and Marine Engineering, National Technical, University of Athens, 15773 Athens, Greece

Energies, 2025, vol. 18, issue 4, 1-24

Abstract: The maritime industry, a cornerstone of global trade, faces mounting pressure to decarbonize and align with international greenhouse gas (GHG) reduction targets set by the International Maritime Organization (IMO). This study investigates how project management frameworks and techno-economic analysis (TEA) can jointly address the technical, economic, and strategic challenges of retrofitting maritime vessels for alternative fuels. A mixed-methods approach was employed, combining systematic literature synthesis, case study analysis, and theoretical modeling. Key findings highlight the pivotal role of project management in mitigating retrofitting risks, optimizing lifecycle costs, and aligning retrofitting projects with organizational objectives, including sustainability and regulatory compliance. The study also identifies best practices, such as leveraging interdisciplinary collaboration and smart energy management systems, to enhance retrofitting outcomes. By integrating TEA with project management, the research contributes actionable insights to advance the maritime industry’s energy transition and decarbonization efforts.

Keywords: maritime retrofitting; alternative fuels; decarbonization; techno-economic analysis; project management; energy transition; sustainability (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2025
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/1996-1073/18/4/804/pdf (application/pdf)
https://www.mdpi.com/1996-1073/18/4/804/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:18:y:2025:i:4:p:804-:d:1587080

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().