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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2019-01-11  |  Accepted: 2019-07-10  |  Published: 2019-09-30

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

Authors

Olaniyi, Eunice Omolola
Tallinn University of Technology, Tallinn, Estonia http://ttu.ee
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Gerlitz, Laima
University of Applied Sciences, Technology, Business and Design, Wismar, Germany https://www.hs-wismar.de
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

7


Number

1


Issue date

September 2019


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

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References