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Measuring Eco-Efficiency of the Global Shipping Sector Based on an Energy and Environmental Approach: A Dynamic Slack-Based Measure Non-Oriented Model

Author

Listed:
  • Dimitrios Parris

    (Department of Management Science and Technology, University of Western Macedonia, GR50100 Kozani, Greece)

  • Konstantinos Spinthiropoulos

    (Department of Management Science and Technology, University of Western Macedonia, GR50100 Kozani, Greece)

  • Konstantina Ragazou

    (Department of Accounting and Finance, University of Western Macedonia, GR50100 Kozani, Greece
    Department of Business Administration, Neapolis University Pafos, Pafos 8042, Cyprus)

  • Vasileios Kanavas

    (Department of Management Science and Technology, University of Western Macedonia, GR50100 Kozani, Greece)

  • Constantinos Tsanaktsidis

    (Department of Chemical Engineering, University of Western Macedonia, GR50100 Kozani, Greece)

Abstract

The compatibility of shipping with environmental protection is a subject that the international community is becoming increasingly concerned about, considering the threat of climate change. The current study aims to assess the worldwide shipping sector’s eco-efficiency performance for the first time using the Dynamic Slack-Based assess non-oriented Data Envelopment Analysis methodology, while the visualization of the results has been made with the geographic information system of ArcGIS. The findings show that the most vibrant shipping sectors in the world, such as the Marshall Islands, present the lowest eco-efficiency levels due to the nations’ roles as tax havens for shipowners. Furthermore, traditional maritime economies such as the Chinese one show a great growth in the eco-efficiency score due to the strategies of the shipping companies that are headquartered in the region to invest and adopt Environmental, Social, and Governance principles, which help them to achieve high scores in eco-efficiency. Finally, nations with small fleets have the greatest eco-efficiency score, as local governments have engaged in sustainable activities and initiatives over the previous four to five years to enable their marine industry to thrive and dominate the market.

Suggested Citation

  • Dimitrios Parris & Konstantinos Spinthiropoulos & Konstantina Ragazou & Vasileios Kanavas & Constantinos Tsanaktsidis, 2023. "Measuring Eco-Efficiency of the Global Shipping Sector Based on an Energy and Environmental Approach: A Dynamic Slack-Based Measure Non-Oriented Model," Energies, MDPI, vol. 16(19), pages 1-19, October.
    • Handle: RePEc:gam:jeners:v:16:y:2023:i:19:p:6997-:d:1255583
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    References listed on IDEAS

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    1. Sotirios Kavouras & Ioannis Vardopoulos & Roido Mitoula & Antonis A. Zorpas & Panagiotis Kaldis, 2022. "Occupational Health and Safety Scope Significance in Achieving Sustainability," Sustainability, MDPI, vol. 14(4), pages 1-17, February.
    2. Chen, Shun & Zheng, Shiyuan & Sys, Christa, 2023. "Policies focusing on market-based measures towards shipping decarbonization: Designs, impacts and avenues for future research," Transport Policy, Elsevier, vol. 137(C), pages 109-124.
    3. Strange, Susan & Holland, Richard, 1976. "International shipping and the developing countries," World Development, Elsevier, vol. 4(3), pages 241-251, March.
    4. Xue, Yuemei & Lai, Kee-hung, 2023. "Responsible shipping for sustainable development: Adoption and performance value," Transport Policy, Elsevier, vol. 130(C), pages 89-99.
    Full references (including those not matched with items on IDEAS)

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