IDEAS home Printed from https://ideas.repec.org/a/eee/marpol/v40y2013icp18-24.html
   My bibliography  Save this article

Effects of the fuel price crisis on the energy efficiency and the economic performance of the European Union fishing fleets

Author

Listed:
  • Cheilari, Anna
  • Guillen, Jordi
  • Damalas, Dimitrios
  • Barbas, Thomas

Abstract

Recent fuel price increases, together with future scarcity of fossil fuels and pollution have raised awareness about the efficient use of energy. Expenditure on marine fuel represents a significant component of the operational costs of the fishing fleets and, as a result, the profitability of the fishing fleets is very sensitive to fuel price variations. By assembling data from 54 fishing fleets around Europe, representing one fourth of the European Union (EU) fishing fleet in terms of vessel numbers and one third in terms of the volume of landings, the effects of the fuel price increase on the economic performance and the energy efficiency of the EU fleet, were estimated for the period 2002–2008. Results demonstrate declining trends in the economic indicators through the years, with a 33% reduction in profitability of the fleets since the beginning of the study. Most energy efficiency indicators, which featured a deteriorating trend over time, have improved their performance after 2004, when the first fuel price increase of the period was observed. However, results do vary across fleet segments.

Suggested Citation

  • Cheilari, Anna & Guillen, Jordi & Damalas, Dimitrios & Barbas, Thomas, 2013. "Effects of the fuel price crisis on the energy efficiency and the economic performance of the European Union fishing fleets," Marine Policy, Elsevier, vol. 40(C), pages 18-24.
    • Handle: RePEc:eee:marpol:v:40:y:2013:i:c:p:18-24
    DOI: 10.1016/j.marpol.2012.12.006
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0308597X12002473
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.marpol.2012.12.006?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yonghan Jeon & Jongoh Nam, 2023. "Estimating Energy Efficiency and Energy Saving Potential in the Republic of Korea’s Offshore Fisheries," Sustainability, MDPI, vol. 15(20), pages 1-17, October.
    2. Natacha Carvalho & Jordi Guillen, 2021. "Economic Impact of Eliminating the Fuel Tax Exemption in the EU Fishing Fleet," Sustainability, MDPI, vol. 13(5), pages 1-15, March.
    3. Cooper, Rachel & Jarre, Astrid, 2017. "An Agent-based Model of the South African Offshore Hake Trawl Industry: Part II Drivers and Trade-offs in Profit and Risk," Ecological Economics, Elsevier, vol. 142(C), pages 257-267.
    4. Tromeur, Eric & Doyen, Luc & Tarizzo, Violaine & Little, L. Richard & Jennings, Sarah & Thébaud, Olivier, 2021. "Risk averse policies foster bio-economic sustainability in mixed fisheries," Ecological Economics, Elsevier, vol. 190(C).
    5. Cezary Behrendt & Oleh Klyus & Marcin Szczepanek, 2023. "Reductions in Energy Consumption and Emission of Harmful Exhaust Gases by Fishing Vessels," Energies, MDPI, vol. 16(20), pages 1-13, October.
    6. Guillen, Jordi & Maynou, Francesc, 2014. "Importance of temporal and spatial factors in the ex-vessel price formation for red shrimp and management implications," Marine Policy, Elsevier, vol. 47(C), pages 66-70.
    7. Staffan Waldo & Anton Paulrud, 2017. "Reducing Greenhouse Gas Emissions in Fisheries: The Case of Multiple Regulatory Instruments in Sweden," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 68(2), pages 275-295, October.
    8. Mushtaq, Zulqarnain & Wei, Wei & Jamil, Ihsan & Sharif, Maimoona & Chandio, Abbas Ali & Ahmad, Fayyaz, 2022. "Evaluating the factors of coal consumption inefficiency in energy intensive industries of China: An epsilon-based measure model," Resources Policy, Elsevier, vol. 78(C).
    9. Jordi Guillen & Natacha Carvalho & Griffin Carpenter & Antonio Borriello & Angel Calvo Santos, 2023. "Economic Impact of High Fuel Prices on the EU Fishing Fleet," Sustainability, MDPI, vol. 15(18), pages 1-10, September.
    10. Violaine Tarizzo & Eric Tromeur & Olivier Thébaud & Richard Little & Sarah Jennings & Luc Doyen, 2018. "Risk averse policies foster bio-economic sustainability in mixed fisheries," Cahiers du GREThA (2007-2019) 2018-07, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    11. Michael-Bitton, Geula & Gal, Gideon & Corrales, Xavier & Ofir, Eyal & Shechter, Mordechai & Zemah-Shamir, Shiri, 2022. "Economic aspects of fish stock accounting as a renewable marine natural capital: The Eastern Mediterranean continental shelf ecosystem as a case study," Ecological Economics, Elsevier, vol. 200(C).
    12. Ziegler, Friederike & Hornborg, Sara, 2014. "Stock size matters more than vessel size: The fuel efficiency of Swedish demersal trawl fisheries 2002–2010," Marine Policy, Elsevier, vol. 44(C), pages 72-81.
    13. Moutopoulos, Dimitrios K. & Koutsikopoulos, Constantin, 2014. "Fishing strange data in national fisheries statistics of Greece," Marine Policy, Elsevier, vol. 48(C), pages 114-122.
    14. Xiao Zhang & Shengchao Ye & Manhong Shen, 2023. "Driving Factors and Spatiotemporal Characteristics of CO 2 Emissions from Marine Fisheries in China: A Commonly Neglected Carbon-Intensive Sector," IJERPH, MDPI, vol. 20(1), pages 1-17, January.
    15. Guangliang Li & Chunlan Tan & Weikun Zhang & Wolin Zheng & Yong Liu, 2023. "Carbon Emission Efficiency, Technological Progress, and Fishery Scale Expansion: Evidence from Marine Fishery in China," Sustainability, MDPI, vol. 15(8), pages 1-20, April.
    16. Cooper, Rachel & Jarre, Astrid, 2017. "An Agent-based Model of the South African Offshore Hake Trawl Industry: Part I Model Description and Validation," Ecological Economics, Elsevier, vol. 142(C), pages 268-281.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:marpol:v:40:y:2013:i:c:p:18-24. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/marpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.