IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v16y2024i6p2412-d1356855.html
   My bibliography  Save this article

Strategic Pathways to Alternative Marine Fuels: Empirical Evidence from Shipping Practices in South Korea

Author

Listed:
  • Jeongmin Lee

    (Department of Convergence Interdisciplinary Education of Maritime & Ocean Contents (Logistics System), Korea Maritime and Ocean University, Busan 49112, Republic of Korea)

  • Minseop Sim

    (Department of Convergence Interdisciplinary Education of Maritime & Ocean Contents (Logistics System), Korea Maritime and Ocean University, Busan 49112, Republic of Korea)

  • Yulseong Kim

    (Department of Logistics, College of Engineering, Korea Maritime and Ocean University, Busan 49112, Republic of Korea)

  • Changhee Lee

    (Division of Navigation Convergence Studies, College of Maritime Sciences, Korea Maritime and Ocean University, Busan 49112, Republic of Korea)

Abstract

This study investigates the transition to a sustainable shipping industry within the framework of the IMO’s 2050 carbon neutrality objective, focusing on sociotechnical systems analysis. This research delves into the sustainable paradigm shift towards alternative marine fuels, such as LNG, methanol, ammonia, and hydrogen, from a sociotechnical transition perspective, analyzing the multilevel perspective challenges and opportunities. Specifically, it scrutinizes the implications of adopting these alternative fuels for global shipping, identifying technical uncertainties, financial constraints, and infrastructure needs. Through a comprehensive review of the existing literature on ship emissions and alternative fuels, coupled with sociotechnical transition theory, this study addresses the multifaceted challenges and opportunities in meeting the IMO’s environmental objectives. It emphasizes the necessity of collaborative governance, innovative niche strategies, and a holistic approach to leverage the current window of opportunity in facilitating the maritime industry’s transition to sustainable fuel options. Finally, this research enhances our understanding of the intricate interplay between technological, social, industrial, and cultural dynamics in the greening of shipping, and offers insights into the strategic adoption of environmentally friendly marine fuels for a sustainable future.

Suggested Citation

  • Jeongmin Lee & Minseop Sim & Yulseong Kim & Changhee Lee, 2024. "Strategic Pathways to Alternative Marine Fuels: Empirical Evidence from Shipping Practices in South Korea," Sustainability, MDPI, vol. 16(6), pages 1-19, March.
    • Handle: RePEc:gam:jsusta:v:16:y:2024:i:6:p:2412-:d:1356855
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/16/6/2412/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/16/6/2412/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Suneet Singh & Ashish Dwivedi & Saurabh Pratap, 2023. "Sustainable Maritime Freight Transportation: Current Status and Future Directions," Sustainability, MDPI, vol. 15(8), pages 1-23, April.
    2. Moritz, Jana & McPartlin, Maria & Tuomisto, Hanna L. & Ryynänen, Toni, 2023. "A multi-level perspective of potential transition pathways towards cultured meat: Finnish and German political stakeholder perceptions," Research Policy, Elsevier, vol. 52(9).
    3. Jeongmin Lee & Jinwoo Lee & Changhee Lee & Yulseong Kim, 2023. "Identifying ESG Trends of International Container Shipping Companies Using Semantic Network Analysis and Multiple Case Theory," Sustainability, MDPI, vol. 15(12), pages 1-20, June.
    4. Alam Md Moshiul & Roslina Mohammad & Fariha Anjum Hira, 2023. "Alternative Fuel Selection Framework toward Decarbonizing Maritime Deep-Sea Shipping," Sustainability, MDPI, vol. 15(6), pages 1-37, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Suneet Singh & Ashish Dwivedi & Saurabh Pratap, 2023. "Sustainable Maritime Freight Transportation: Current Status and Future Directions," Sustainability, MDPI, vol. 15(8), pages 1-23, April.
    2. Junghwan Choi & Sangseop Lim & Changhee Lee, 2024. "Comparative Analysis of Sustainable Seafarers’ Employment and Welfare Systems in South Korea and China: Contemporary Issues and Improvements," Sustainability, MDPI, vol. 16(19), pages 1-23, September.
    3. Eugene Kim & Noriko Hara, 2024. "Identifying Different Semantic Features of Public Engagement with Climate Change NGOs Using Semantic Network Analysis," Sustainability, MDPI, vol. 16(4), pages 1-22, February.
    4. Chunchang Zhang & Jia Zhu & Huiru Guo & Shuye Xue & Xian Wang & Zhihuan Wang & Taishan Chen & Liu Yang & Xiangming Zeng & Penghao Su, 2024. "Technical Requirements for 2023 IMO GHG Strategy," Sustainability, MDPI, vol. 16(7), pages 1-16, March.
    5. Eleni Strantzali & Georgios A. Livanos & Konstantinos Aravossis, 2023. "A Comprehensive Multicriteria Evaluation Approach for Alternative Marine Fuels," Energies, MDPI, vol. 16(22), pages 1-21, November.
    6. Hamid Reza Soltani Motlagh & Seyed Behbood Issa Zadeh & Claudia Lizette Garay-Rondero, 2023. "Towards International Maritime Organization Carbon Targets: A Multi-Criteria Decision-Making Analysis for Sustainable Container Shipping," Sustainability, MDPI, vol. 15(24), pages 1-22, December.
    7. Yixuan Peng & Sayed Fayaz Ahmad & Muhammad Irshad & Muna Al-Razgan & Yasser A. Ali & Emad Marous Awwad, 2023. "Impact of Digitalization on Process Optimization and Decision-Making towards Sustainability: The Moderating Role of Environmental Regulation," Sustainability, MDPI, vol. 15(20), pages 1-23, October.
    8. Assunta Di Vaio & Anum Zaffar & Daniel Balsalobre-Lorente & Antonio Garofalo, 2023. "Decarbonization technology responsibility to gender equality in the shipping industry: a systematic literature review and new avenues ahead," Journal of Shipping and Trade, Springer, vol. 8(1), pages 1-20, December.

    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:gam:jsusta:v:16:y:2024:i:6:p:2412-:d:1356855. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.