Mohammad Abdullah Abu Sayed
Management
May 2022
European transport has been a catalyst for economic development for centuries. It promotes exchanges between European Union (EU) member states and many other countries worldwide. Sea shipping is the backbone of international exchange and carries about 90 per cent of the total tons traded. Therefore, it accounts for 2.5% of its greenhouse gas emissions. Efforts to reduce the environmental impact of transportation activities focus on better modal integration of common transportation systems, sustainability, green technology in the transportation sector, resource efficiency, and reduction of CO2 emissions. The International Maritime Organization has assigned its members to reduce CO2 emissions by 70% by 2050 or eliminate them. Maritime can apply technologies to reduce emissions to zero or significantly reduce emissions in the shipping sector from a business perspective. This paper aims to assess the essential way to deal with the decarbonization interaction in light of EU vital reports and low-emanation and zero-discharge innovations utilized and created in ocean transport. By assessing the outer expenses caused via ocean delivery, you can evaluate the advantages of applying the advancements and elective energizes proposed in the arrangement. Because of the outcomes acquired from outside cost evaluations, it will be feasible to gauge the potential for decarbonization in sea shipping.
170- 190
© Airo Journals 2021
