Skip to main content

Impact of fuel prices on energy efficiency of maritime ships

Report

Title: Impact of fuel prices on energy efficiency of maritime ships
Author:
Schroten, A., Nelissen, D., Van Santen, W., Scholten, P., De Vries, J.
Affiliation:
Transport & Environment
Publication Date:
Document Number:
24.230477.108
Pages:
1-64
Publisher:
CE Delft
Fuels Group:
Heavy Fuel Oil (HFO), Biodiesel (FAME)
Fuel Blends Mentioned?
No
Topics:
Vessel Design, Retrofit and Integration, Policy, Strategy and Transition Pathways, Markets and Forecasting
Vessel Segment:
Ocean-going Vessels
Language:
English

Document Access

Website:
Document Source
Attachment: Access File
Notice: This material may be protected by Copyright Law.
(1.8 MB)

Citation

Schroten, A.; Nelissen, D.; Van Santen, W.; Scholten, P.; De Vries, J. (2024). Impact of fuel prices on energy efficiency of maritime ships (Report No. 24.230477.108). Report by Transport & Environment.
@techreport{Schroten-2024-,
author = {Schroten, A and Nelissen, D and Van Santen, W and Scholten, P and De Vries, J},
title = {Impact of fuel prices on energy efficiency of maritime ships},
institution = {Transport & Environment},
year = {2024},
month = {oct},
number = {24.230477.108},
url = {https://cedelft.eu/publications/impact-of-fuel-prices-on-energy-efficiency-of-maritime-ships},
keywords = {Heavy Fuel Oil (HFO), Biodiesel (FAME), Vessel Design, Retrofit and Integration, Policy, Strategy and Transition Pathways, Markets and Forecasting, Ocean-going Vessels},
}
Export Citation to BibTex
TY - RPRT
TI - Impact of fuel prices on energy efficiency of maritime ships
AU - Schroten, A
AU - Nelissen, D
AU - Van Santen, W
AU - Scholten, P
AU - De Vries, J
AB - Over the last decade, several policies have been implemented by the International Maritime Organisation (IMO) and the European Commission (EC) to affect the environmental performance of maritime shipping. Many of these policies result in higher fuel costs for shipping, either direct (e.g. in case of EU ETS) or indirect (e.g. in case of FuelEU Maritime1). In this study, we have investigated whether and to what extent increases in fuel prices influence shipping companies to invest in energy efficiency technologies or to improve their operational energy efficiency. For that purpose, we have econometrically studied the impact of historic variations in fuel prices on both technical and operational energy efficiency of maritime ships in the global fleet.
DA - 2024/10//
PY - 2024
SP - 1
EP - 64
PB - Transport & Environment
SN - 24.230477.108
UR - https://cedelft.eu/publications/impact-of-fuel-prices-on-energy-efficiency-of-maritime-ships
LA - English
KW - Heavy Fuel Oil (HFO)
KW - Biodiesel (FAME)
KW - Vessel Design, Retrofit and Integration
KW - Policy, Strategy and Transition Pathways
KW - Markets and Forecasting
KW - Ocean-going Vessels
ER -
Export Citation to RIS

Abstract

Over the last decade, several policies have been implemented by the International Maritime Organisation (IMO) and the European Commission (EC) to affect the environmental performance of maritime shipping. Many of these policies result in higher fuel costs for shipping, either direct (e.g. in case of EU ETS) or indirect (e.g. in case of FuelEU Maritime1). In this study, we have investigated whether and to what extent increases in fuel prices influence shipping companies to invest in energy efficiency technologies or to improve their operational energy efficiency. For that purpose, we have econometrically studied the impact of historic variations in fuel prices on both technical and operational energy efficiency of maritime ships in the global fleet.