Title
LNG Maritime energy contracting model
Abstract
To meet the global 2020 low sulphur demand and beyond, the supply of low sulphur fuel must increase and expand. So far, the world bunker market is split between the different compliance solutions increasing demand for sulphur compliant fuel. The work examines the implementation of an innovative business model initially designed to meet energy needs. The developed model facilitated a sustainable LNG supply/distribution process economically and was further tested with a real-life case example that shows the cost structure for the proposed model. Both quantitative and qualitative data approaches were used to collect data. The illustrated modified features of the LNG maritime energy contract model accentuate an analytical and unconventional strategy embedded in experimentation.
Keywords
SECA regulations, Baltic Sea region, clean shipping, sustainability, LNG, global suphur cap
JEL classifications
G31 , G32 , L26 , L98 , M10
URI
http://jssidoi.org/jesi/article/388
DOI
Pages
574-594
Funding
This work is in principle linked to the EnviSuM – Environmental Impact of Low Emission Shipping: Measurements and Modelling Strategies project sponsored by the European Regional Development Fund.This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License
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