EconPapers    
Economics at your fingertips  
 

Iberian Ports as a Funnel for Regulations on the Decarbonization of Maritime Transport

Francisco deManuel-López (), David Díaz-Gutiérrez, Alberto Camarero-Orive and José Ignacio Parra-Santiago
Additional contact information
Francisco deManuel-López: Escuela Técnica Superior de Ingenieros de Caminos, Canales y Puertos, Universidad Politécnica de Madrid, 28040 Madrid, Spain
David Díaz-Gutiérrez: Escuela Técnica Superior de Ingenieros Navales, Universidad Politécnica de Madrid, 28040 Madrid, Spain
Alberto Camarero-Orive: Escuela Técnica Superior de Ingenieros de Caminos, Canales y Puertos, Universidad Politécnica de Madrid, 28040 Madrid, Spain
José Ignacio Parra-Santiago: Escuela Técnica Superior de Ingenieros Navales, Universidad Politécnica de Madrid, 28040 Madrid, Spain

Sustainability, 2024, vol. 16, issue 2, 1-19

Abstract: We are currently seeing how new marine fuels are being introduced, such as Liquefied Natural Gas (LNG), Liquefied Petroleum Gas (LPG), hydrogen, ammonia, methanol, batteries, etc., for the propulsion of the world fleet with the aim of complying with the increasing IMO emissions regulations. The frenetic effort made by shipping companies to decarbonize maritime transport must be followed by an unstoppable adaptation of ports from the historical supply of only fuel and diesel to covering the demands of new fuels, ensuring their renewable origin; onshore power supply (OPS); or even the storage of captured CO 2 . This article compiles the current environmental regulations applied to maritime transport to provide an analysis of the current situation and a link between vessels’ requirements to comply with such regulations and port environmental infrastructure. This work demonstrates that technological development is growing faster onboard vessels than at ports. It is demonstrated that except for the case of LNG, the theoretical shipping fuel world demand of each type of alternative fuel cannot be absorbed by current world production, where we found big gaps between supply and demand of up to 96.9%. This work concludes that to speed up this process, ports will need European aid as well as private investment. It is proposed that for the next steps, the port system needs to provide the required infrastructure to vessels on time, which inevitably means improvements in competitiveness and governance to promote the blue economy and the concept of smart ports, attracting main international shipping lines with a complete decarbonization hub on their routes by taking advantage of the geostrategic role of the Iberian ports. At the same time, the port governance model must be more flexible in the decision-making process, anticipating changes in maritime regulations with the challenge of coordinating public and private interests, serving as a link, once again, between ship and society.

Keywords: decarbonization; maritime transport; port; Spain; Portugal; IMO; scrubber; LNG; alternative fuels (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/16/2/862/pdf (application/pdf)
https://www.mdpi.com/2071-1050/16/2/862/ (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:jsusta:v:16:y:2024:i:2:p:862-:d:1322306

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

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

 
Page updated 2025-03-19
Handle: RePEc:gam:jsusta:v:16:y:2024:i:2:p:862-:d:1322306