Using a Directional Distance Function to Measure the Environmental Efficiency of International Liner Shipping Companies and Assess Regulatory Impact

نویسندگان

چکیده

Maritime transport relies on a large amounts of fossil fuels. It provides cargo-carrying services but simultaneously emits enormous by-products such as CO2, which cause climate change. The IMO has adopted mandatory measures to reduce the shipping industry’s greenhouse gas emissions by at least 70% 2050, relative 2008. In this paper, we select 11 liner companies decision-making units (DMUs) that account for more than 80% world’s capacity. Utilizing directional distance function, estimate their environmental efficiency in 2019, 2020, and 2021. vector serves expand desired outputs contract undesirable outputs. larger distance, farther evaluated unit is from production frontier, less environmentally efficient it assessed. This study compares impact regulations based two methods dealing with Since results indicate low overall shipping, firms should strengthen decarbonization efforts achieve goals. Moreover, also demonstrate significantly they need by-product comply regulations.

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ژورنال

عنوان ژورنال: Sustainability

سال: 2023

ISSN: ['2071-1050']

DOI: https://doi.org/10.3390/su15043821