Publication
Title
Green finance in bulk shipping
Author
Abstract
The worldwide growing concern about climate change is leading industries to adopt measures to reduce negative externalities. New financial instruments have been developed under the umbrella of green finance aimed at meeting the financial requirements linked to significant investments for green strategies. Bulk shipping companies are increasingly aware of the environmental impacts caused by their operations. Nevertheless, the nature and intensity of funding solutions aiming at supporting green investments from bulk shipping companies are still scarcely investigated by academics. The first objective of this paper is to examine theoretical aspects associated with the green transition in the bulk shipping industry. The second objective is to empirically investigate the current state in green finance by analysing the most adopted green financial products by major international bulk companies, taking into account the most suitable solution for each green investment strategy and option available in the market. A multiple case study methodological approach is used to shed light on the current role of green finance in the bulk shipping industry. The research outcomes provide detailed insights to academics and practitioners about the range of green investment and financial solutions in the bulk industry, in terms of preferred financing methods, magnitude of financial resources gathered and other relevant profiles.
Language
English
Source (journal)
Maritime policy and management. - London, 1997, currens
Publication
Abingdon : Routledge journals, taylor & francis ltd , 2024
ISSN
0308-8839
DOI
10.1080/03088839.2024.2321854
Volume/pages
(2024) , p. 1-26
ISI
001173516400001
Full text (Publisher's DOI)
Full text (open access)
The author-created version that incorporates referee comments and is the accepted for publication version Available from 04.03.2025
Full text (publisher's version - intranet only)
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
Affiliation
Publications with a UAntwerp address
External links
Web of Science
Record
Identifier
Creation 02.05.2024
Last edited 21.05.2024
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