Abstract

Decarbonisation of maritime transport operations has become a main priority for shipping companies around the world, especially after the adoption of the Initial International Maritime Organization’s (IMO) Strategy on Reduction of Greenhouse Gas (GHG) Emissions from Ships in 2018 that sets the goal of reducing the global shipping emissions by 50% by 2050, as compared to 2008. In a similar direction, the European Union’s (EU) Green Deal initiative was adopted in December 2019 and proposed, among others, the inclusion of shipping in the EU Emissions Trading Scheme (EU ETS) as an additional tool for the achievement of climate neutrality in Europe by 2050. The most recent UN Climate Change Conference (COP26) that was held in Glasgow also increased the momentum for global decarbonisation efforts highlighting the important role and contribution of maritime transport in these overall efforts. This paper discusses the efforts and initiatives undertaken by a Finnish shipping line (Viking Line) for the improvement of its fleet energy efficiency, along with the decarbonization of its operations; initiatives that encompass various technical and operational measures along with the employment of alternative fuels and/or energy sources (such as wind power). According to the findings, significant energy consumption reductions can be achieved at the company level from the implementation of a number of energy efficiency initiatives that presuppose a company organization model focused on sustainable development. Global and regional regulations/ guidelines definitely initiate the introduction of energy efficiency measures, but their effective implementation depends largely on the organizational structure and priorities of individual shipping companies.

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