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Review of methods for sustainability appraisals in ship acquisition

Author

Listed:
  • Dina Margrethe Aspen

    (Norwegian University of Science and Technology)

  • Magnus Sparrevik

    (Norwegian University of Science and Technology)

  • Annik Magerholm Fet

    (Norwegian University of Science and Technology)

Abstract

Ship acquisition requires simultaneous consideration of environmental, economic, technological and social performance of candidate design solutions. During the last few decades, multi-criteria decision-making tools have gained popularity as an approach to assisting decision makers when appraising ship design. However, applications are limited to a few methods mostly within the value function class. In this review, we explore the applicability of 12 multi-criteria decision-making methods for typical decision contexts in ship acquisition. Technical and practical method properties are defined before their operational value for evaluations in ship acquisition is assessed. Our results show that a wide range of methods currently not applied offer promising properties in these contexts.

Suggested Citation

  • Dina Margrethe Aspen & Magnus Sparrevik & Annik Magerholm Fet, 2015. "Review of methods for sustainability appraisals in ship acquisition," Environment Systems and Decisions, Springer, vol. 35(3), pages 323-333, September.
    • Handle: RePEc:spr:envsyd:v:35:y:2015:i:3:d:10.1007_s10669-015-9561-6
    DOI: 10.1007/s10669-015-9561-6
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    References listed on IDEAS

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    Cited by:

    1. Diaz-Balteiro, L & González-Pachón, J. & Romero, C., 2017. "Measuring systems sustainability with multi-criteria methods: A critical review," European Journal of Operational Research, Elsevier, vol. 258(2), pages 607-616.
    2. Z. A. Collier & J. H. Lambert & I. Linkov, 2015. "Editorial," Environment Systems and Decisions, Springer, vol. 35(3), pages 315-316, September.

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