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Applying the MaritimeGCH model for Greek shipping and its relevance to the Sustainable Development Goals (SDGs)

Author

Listed:
  • Olympia Nisiforou
  • Angelos Alamanos
  • Jorge Andres Garcia
  • Christopher Deranian
  • Lydia Papadaki
  • Phoebe Koundouri

Abstract

The maritime sector faces multiple techno-economic, environmental and development challenges, requiring careful investment decisions. Several of these challenges and factors are related to the Sustainable Development Goals (SDGs). The need for holistic solutions that can address these considerations simultaneously is becoming increasingly pressing. In this chapter we present the application of a free, open-source Investment Decision Support Tool, called MaritimeGCH, to the Greek fleet as a case study example. The model aims to optimize the fleet composition (based on the minimization of the total costs) under techno-economic, environmental, operational factors and European environmental regulations. After the model description, a presentation on its application, directly and indirectly relevant to various SDGs, including: cleaner fuel mixes (SDG7 on Energy), new ships and technologies (SDG9 on Industry), policies for more environmental-friendly shipping (SDG13 on Climate Action and SDG14 on life below water), and meeting shipping demands (SDG8 on Economic Growth).

Suggested Citation

  • Olympia Nisiforou & Angelos Alamanos & Jorge Andres Garcia & Christopher Deranian & Lydia Papadaki & Phoebe Koundouri, 2025. "Applying the MaritimeGCH model for Greek shipping and its relevance to the Sustainable Development Goals (SDGs)," DEOS Working Papers 2518, Athens University of Economics and Business.
    • Handle: RePEc:aue:wpaper:2518
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    File URL: http://wpa.deos.aueb.gr/docs/2025.MaritimeGCH.chapter.v3.pdf
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    More about this item

    Keywords

    MaritimeGCH; Fleet Optimization; Shipping; Sustainable Development Goals; Greece;
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