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

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  • 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)

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.

Suggested Citation

  • Dimitrios Lyridis & Evanthia Kostidi, 2025. "Bridging Technical Challenges and Economic Goals: Project Management for Energy Transition in Maritime Retrofitting," Energies, MDPI, vol. 18(4), pages 1-24, February.
    • Handle: RePEc:gam:jeners:v:18:y:2025:i:4:p:804-:d:1587080
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    References listed on IDEAS

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