Mathematical equations approach to evidence the impact of green fuel use in ships on ship profitability

• Autorzy: Elentably Akram , van Essen Pieter , Fahad Ayman Bin , Aljahdly Bassam Bin Saleh

Identyfikatory

DOI

10.12716/1001.18.04.06

• Języki publikacji: EN

Abstrakty

EN

This article described the equations used to assess the impact of green fuels on shipping costs and provided a numerical example for Saudi Arabia to illustrate these equations. Using these equations, we can conclude that the use of green fuels in the shipping industry will result in significant cost savings. Further research is needed to fully understand the impact of green fuel use in the shipping industry. The use of environmentally friendly fuels in ship operations has grown in importance in recent years due to their potential to reduce emissions and costs. This article described the equations used to show the impact of green fuels on transportation costs, using the example of Saudi Arabia to illustrate potential savings and benefits. Additionally, this article discusses the relevant scientific references that support the findings. In summary, the use of environmentally friendly fuels is an intelligent solution for reducing costs and emissions in transportation operations. This article examines the impact of green fuels on ship operating costs by presenting the equations for a proof-of-concept mathematical approach. Additionally, the example of Saudi Arabia was used to illustrate the impact of green fuels in Saudi Arabia. From this, it can be concluded that the use of environmentally friendly fuels leads to cost savings in voyages and is therefore a sensible option for reducing the operating costs of ships.

Słowa kluczowe

EN

maritime transport; mathematical model; fuel consumption; emission reduction; Energy Efficiency Design Index; EEDI; green fuel; energy efficiency; carbon dioxide; CO2

• Wydawca: Faculty of Navigation, Gdynia Maritime University
• Czasopismo: TransNav : International Journal on Marine Navigation and Safety of Sea Transportation
• Rocznik: 2024
• Tom: Vol. 18 No. 4
• Strony: 805--808
• Opis fizyczny: Bibliogr. 8 poz.

Twórcy

autor

Elentably Akram

• King Abdul-Aziz University, Jeddah, Saudi Arabia

• https://orcid.org/0000-0002-7188-2165

autor

van Essen Pieter

• King Abdul-Aziz University, Jeddah, Saudi Arabia

autor

Fahad Ayman Bin

• King Abdul-Aziz University, Jeddah, Saudi Arabia

autor

Aljahdly Bassam Bin Saleh

• King Abdul-Aziz University, Jeddah, Saudi Arabia

Bibliografia

• [1] H. G. E. Hester, “Impact of Green Fuel on Ship Cost Operations: A Study of U.S. Shipping Companies,” International Journal of Maritime Engineering, vol. 10, no. 2, pp. 15–20, Apr. 2020.
• [2] A. Al-Shehri, “Impact of Green Fuel on Ship Cost Operations in Saudi Arabia,” International Journal of Maritime Engineering, vol. 12, no. 3, pp. 21–25, May. 2022.
• [3] United States Department of Energy. (2020). Fuel Prices.
• [4] International Maritime Organization. (2016). Pollution Prevention and Response. Retrieved from https://www.imo.org/en/OurWork/Environment/PollutionPrevention/Pages/Default.aspx
• [5] Saudi Arabia Ministry of Environment, Water and Agriculture. (2019). Regulations for emissions from ships. Retrieved from http://www.mewa.gov.sa/en/cs/Documents/Regulations/regulations-for-emissions-from-ships.pdf
• [6] Abed, M., Al-Maliki, S., Al-Mazrou, A., Al-Khalaf, A., Al-Ghamdi, A., & Al-Ghamdi, A. (2020). Saudi Arabia's Green Fuel Project: Feasibility Study and Analysis. Sustainability, 12(19), 7706.
• [7] Liebowitz, J. (2019). The Economics of Shipping. Routledge.
• [8] Marinov, S., & Ronen, D. (2017). Ship Propulsion and Fuel Consumption. Springer.

Uwagi

1. Pełne imiona podano na stronie internetowej czasopisma w "Authors in other databases."

2. Opracowanie rekordu ze środków MNiSW, umowa nr POPUL/SP/0154/2024/02 w ramach programu "Społeczna odpowiedzialność nauki II" - moduł: Popularyzacja nauki (2025).