Modelling the Impacts of Uncertain Carbon Tax Policy on Maritime Fleet Mix Strategy and Carbon Mitigation

Zhu, Meiling; Chen, Michael; Kristal, Murat

doi:10.3846/transport.2018.1579

Cited by 11 publications

(4 citation statements)

References 22 publications

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“…The adjustment of shipping companies' emission reduction strategies is more reflected in their operation strategies. Zhu et al (2018a) raised the issue of fleet planning under the uncertainty of carbon tax policy, and argued that under the risk of high carbon tax, liner companies would pay more attention to fleet operation to reduce carbon emissions [14]. Zhu et al (2018b) studied the impact of an open maritime emissions trading system (METS) on the fleet composition strategies of individual containership operators, and argued that METS can motivate operators to adopt active emission reduction measures [15].…”

Section: The Influence Of Carbon Reduction Mechanism On Firm Decision...mentioning

confidence: 99%

A Tripartite Evolutionary Game Model for Carbon Reduction Decisions in Shipping Industry

Zhang,

Feng

2024

E3S Web of Conf.

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Considering the carbon trading mechanism and the preference of cargo side for low carbon shipping, this paper constructs an evolutionary game model of three parties, namely, government, shipping enterprises and cargo side, and analyzes the evolutionary process of the choice of carbon emission reduction strategies of the three parties. Numerical analysis and sensitivity analysis are conducted based on the practical experience of Shanghai carbon trading pilot. The results show that, (1) Under the current conditions, the three-party strategy will eventually evolve into {the government actively supervises, shipping enterprises negatively reduce emission, and the cargo side actively responds}. (2) The stronger government intervention, the increase of carbon price can guide shipping enterprises to actively reduce emissions. (3) The idea of decarbonization driven by the demand side should be paid attention to, which can help bring together all parties to reduce emissions.

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Section: The Influence Of Carbon Reduction Mechanism On Firm Decision...mentioning

confidence: 99%

A Tripartite Evolutionary Game Model for Carbon Reduction Decisions in Shipping Industry

Zhang,

Feng

2024

E3S Web of Conf.

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“…Wang [29] studied the impact of carbon tax policy on ship refueling strategy, speed, and deployment. Zhu [30] studied fleet planning under the uncertainty of carbon tax policy by a multi-stage stochastic integer programming model. Cheaitou [31] proposed a multiobjective optimization model of liner transportation based on CO 2 emission minimization, SO x emission minimization, and profit maximization in which all objective functions of the model are functions of ship sailing speed.…”

Section: Liner Transportation Optimization Considering Carbon Emissio...mentioning

confidence: 99%

Container Shipping Optimization under Different Carbon Emission Policies: A Case Study

2023

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Climate change is a major environmental issue facing humanity today, and the International Maritime Organization has accelerated the formulation of greenhouse gas emission policies. This study considers different carbon emission policies to construct an optimization model for container shipping, design an improved Whale Swarm Algorithm to solve related issues, and use the marginal carbon abatement cost method to analyze the deep-seated reasons for the optimization of liner shipping according to different carbon emission policies, thereby revealing the underlying reasons of emission-reduction decisions. The conclusions reveal that both kinds of carbon emission policies will reduce the profits of companies, the average speed of shipping, and carbon emissions. The carbon tax model has the greatest impact on the profits of shipping companies, and carbon cap-and-trade is easier to obtain support from enterprises. Sensitivity analysis shows that the implementation of carbon cap-and-trade or a carbon tax policy is closely and complexly related to the carbon trading price, carbon tax rate, fuel price, and ship size, and there is uncertainty.

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“…Pierre et al [7] built a mixed-integer linear programming (MILP) model for a container-liner-shipping network design which considers the trade-off between the minimization of costs and the minimization of CO 2 and SO X emissions. Zhu et al [8] studied the fleet planning problem under uncertain carbon tax policies and developed a multistage stochastic integer programming model for liner carriers. Branchini et al [9] coordinated the assignment decisions of ships to contractual and spot voyages and the determination of ship routes and schedules to maximize profit.…”

Section: Liner Transport Network Optimizationmentioning

confidence: 99%

Liner-Shipping Network Design with Emission Control Areas: A Real Case Study

Lan¹,

Qin

2023

Sustainability

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In recent years, liner-shipping companies have faced a traditional trade-off between cost and emission (CO2 and SOX) reduction. This study considers this element to construct a liner-shipping network design model which includes a package-cargo transport plan, route allocation, and route design. The objective is to maximize profit by selecting the ports to be visited, the sequence of port visits, the cargo flows between ports, and the number/operating speeds of vessels. In addition, emission control areas (ECAs) exist in the liner network. With reference to the idea of the column generation algorithm, this study proposed a heuristic algorithm based on empirical data through a real case calculation and selected the optimal scheme, which is in-line with both economic and environmental benefits. The results show that the model and optimization method are feasible and provide an effective solution for the liner network design of shipping companies, while also considering environmental factors. In addition, the effects of the number of ECAs, inter-port origin-destination (OD) demand, freight rate, fuel price, and carbon prices on the design of transport networks are discussed to provide a reference for the operation of shipping companies and government decision-making.

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Modelling the Impacts of Uncertain Carbon Tax Policy on Maritime Fleet Mix Strategy and Carbon Mitigation

Cited by 11 publications

References 22 publications

A Tripartite Evolutionary Game Model for Carbon Reduction Decisions in Shipping Industry

A Tripartite Evolutionary Game Model for Carbon Reduction Decisions in Shipping Industry

Container Shipping Optimization under Different Carbon Emission Policies: A Case Study

Liner-Shipping Network Design with Emission Control Areas: A Real Case Study

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