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Sustainable Shipping: Levers of Change

Andreas Papandreou (), Phoebe Koundouri () and Lydia Papadaki ()

No 2025, DEOS Working Papers from Athens University of Economics and Business

Abstract: Sustainable shipping refers to the broad set of challenges, nature of governance rules and regulations, patterns of management and corporate behaviors and aims, engagement of stakeholders, and forms of industrial activity that should come to define a marine transport industry that is shaped by the broader societal goals of sustainable development. This chapter aims to provide a brief overview of the marine transport industry, its role and relevance in sustainable development and the kinds of changes that are needed for shipping to be sustainable. The focus is mostly on the environmental dimension of sustainable development. As a sector, and for reasons that have to do with the special nature of its international governance that partly falls outside the confines of national jurisdictions, shipping may have been a late comer to some of the most pressing sustainability challenges of our time. After presenting some recent economic trends of the sector and their potential implications for sustainability the chapter will present some environmental pressures that are related to shipping and will focus on two particular sustainability challenges confronted by maritime transport: the need to drastically reduce sulfur emissions and the even more demanding challenge to mitigate CO2 emissions. Before concluding, the penultimate section will briefly present some sustainability initiatives already under way.

Keywords: Sustainable shipping; maritime transport; CO2 emissions mitigation; EU ETS (search for similar items in EconPapers)
Date: 2020-05-30
New Economics Papers: this item is included in nep-cse, nep-ene and nep-tre
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