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Perception of "Green Shipping" in the contemporary conditions

Author

Listed:
  • Olha Prokopenko

    (Tallinn University of Technology, Estonia)

  • Radosław Miśkiewicz

    (Silesian University of Technology, Poland)

Abstract

The article aims at substantiating the importance and relevance of the "green shipping" concept, as well as updating approaches to its understanding in the context of the COVID-19 pandemic. Besides, the article discusses the tools by which there can be achieved the goals of the classical concept, as well as the tools that can be implemented as part of a so-called “primary block” – humanity-friendly part of the updated “green shipment” concept. The purpose of the article is to give grounds to promising areas of investment in "green shipping" projects under the influence of the COVID-19 pandemic, as well as to review the instruments to increase the biological safety of vessels to ensure the financial stability of shipment companies. This article explains the necessity to reconsider the “green shipping” concept, which, under the influence the COVID-19 pandemic, cannot remain the same any longer. The authors proved that achieving total ecological friendliness does not mean the full safety of shipping, and, in their opinion, apart from realizing other fundamental tasks, "green vessels" must become friendly to humanity. There are accumulated the main instruments, which are the part of eco-friendly shipping and are the objects of international investments, and there are proposed the fundamentally new ones. This paper creates the basis for further fundamental research aimed at updating "green shipping" concept under the influence of unfavourable economic and social environment in order to maintain financial stability of all stakeholders engaged in international investments in shipping.

Suggested Citation

  • Olha Prokopenko & Radosław Miśkiewicz, 2020. "Perception of "Green Shipping" in the contemporary conditions," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(2), pages 269-284, December.
    • Handle: RePEc:ssi:jouesi:v:8:y:2020:i:2:p:269-284
    DOI: 10.9770/jesi.2020.8.2(16)
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    References listed on IDEAS

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    1. Eunice Omolola Olaniyi & Yassine Bakkar & Gunnar Prause, 2019. "Entrepreneurial compliance opportunities for maritime fuel producers," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(4), pages 1550-1565, June.
    2. Sina Atari & Yassine Bakkar & Eunice Omolola Olaniyi & Gunnar Prause, 2019. "Real options analysis of abatement investments for sulphur emission control compliance," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(3), pages 1062-1087, March.
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    Citations

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    Cited by:

    1. Henryk Dzwigol & Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "The Role of Environmental Regulations, Renewable Energy, and Energy Efficiency in Finding the Path to Green Economic Growth," Energies, MDPI, vol. 16(7), pages 1-18, March.
    2. Nestor Shpak & Solomiya Ohinok & Ihor Kulyniak & Włodzimierz Sroka & Yuriy Fedun & Romualdas Ginevičius & Joanna Cygler, 2022. "CO 2 Emissions and Macroeconomic Indicators: Analysis of the Most Polluted Regions in the World," Energies, MDPI, vol. 15(8), pages 1-22, April.
    3. Karolina Krzykowska-Piotrowska & Marek Piotrowski & Anna Organiściak-Krzykowska & Emilia Kwiatkowska, 2022. "Maritime or Rail: Which of These Will Save the Planet? EU Macro-Regional Strategies and Reality," Sustainability, MDPI, vol. 14(6), pages 1-30, March.
    4. Yuliya Zaloznova & Oksana Pankova & Yaroslav Ostafiichuk, 2020. "Global and Ukrainian Labour Markets in the Face of Digitalization Challenges and the Threats of the COVID-19 Pandemic," Virtual Economics, The London Academy of Science and Business, vol. 3(4), pages 106-130, October.
    5. Viktor Koval & Piotr Olczak & Mira Hakova & Mykhailo Bilyi & Dmitry Kretov & Olga Laktionova, 2023. "Analysis of Financial Outsourcing Management in Regional Environmental Systems," Sustainability, MDPI, vol. 15(15), pages 1-24, August.
    6. Siyuan Gao & Fengrong Zhang & Wei Ning & Dayong Wu, 2022. "Optimization of Cargo Shipping Adaptability Modeling Evaluation Based on Bayesian Network Algorithm," Sustainability, MDPI, vol. 14(19), pages 1-25, October.
    7. Yevheniia Ziabina & Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko & Yana Us, 2023. "Convergence of Energy Policies between the EU and Ukraine under the Green Deal Policy," Energies, MDPI, vol. 16(2), pages 1-19, January.
    8. Stepan Postil & Nataliia Kozak & Natalia Zykun & Petrо Tsymbal & Hanna Vlasova, 2021. "Development of Communicative Competencies During Integrated Analysis and Synthesis of a Text," Studies in Media and Communication, Redfame publishing, vol. 9(2), pages 36-44, December.
    9. Aleksandra Kuzior & Oleksii Lyulyov & Tetyana Pimonenko & Aleksy Kwilinski & Dariusz Krawczyk, 2021. "Post-Industrial Tourism as a Driver of Sustainable Development," Sustainability, MDPI, vol. 13(15), pages 1-14, July.
    10. Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "Greenfield Investment as a Catalyst of Green Economic Growth," Energies, MDPI, vol. 16(5), pages 1-16, March.
    11. Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "Inclusive Economic Growth: Relationship between Energy and Governance Efficiency," Energies, MDPI, vol. 16(6), pages 1-16, March.

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    More about this item

    Keywords

    green shipping; pandemic; COVID-19; biological hazard; biological safety; international investments; investments; sustainable development;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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