The impact of environmental regulations on shipping
On Tuesday 28 August 2018 Yewen Gu will hold a trial lecture on a prescribed topic and defend his thesis for the PhD degree at NHH.
Prescribed topic for the trial lecture:
Advantages and disadvantages of electric vessels and autonomous vessels in shipping operations
Trial lecture:
10:15 in Karl Borch Aud., NHH
Title of the thesis:
Maritime Emission Regulations and Operations Research in Shipping
Summary:
The purpose of Yewen Gu´s thesis is to study the impact of the latest environmental regulations on the shipping company´s decision making on all levels.
Some knowledge gaps brought by the new regulations to the literature of operations research in maritime transportation are filled by the works in this thesis. Moreover, this thesis also offers valuable insights for the shipping industry and maritime policy makers, so that more efficient business operations and regulations can be achieved in the future.
The following four chapters focus on several classical optimization models in maritime transportation and extend them by taking new environmental regulations into account.
In chapter 1, Yewen Gu studies how emission control affects the traditional maritime fuel management problem. In his next chapter, he focuses on how shipping company´s bunker risk management influences the CO2 emissions of its fleet. The findings of this study show that a shipping company´s bunker risk management does have a substantial impact on its emission during the fleet operation.
In chapter 3, the PhD Candidate at the Department of Business and Management Science studies a new challenge faced by shipping company due to the latest ECA (Emission Control Areas) regulation. Gu shows that a substantial overestimation of the value of scrubbers can occur if a ship´s sailing pattern is not considered in the decision making process. Moreover, he also finds that such a concern is more relevant and important when the port call density inside ECA is low.
In his last chapter, Gu examines the impact of a Maritime Emission Trading Scheme (METS) on the short-term CO2 emission reductions in shipping. He finds that the implementation of METS may not guarantee further emission reduction in certain scenarios.
Defense:
12:15 in Karl Borch Aud., NHH
Members of the evaluation committee:
Associate Professor Mario Guajardo (leader of the committee), Department of Business and Management Science, NHH
Associate Professor Günter Prockl, Copenhagen Business School
Professor Stein Ove Erikstad, NTNU
Supervisors:
Professor Stein W. Wallace (main supervisor), Department of Business and Management Science, NHH
Dr. Xin Wang, NTNU
Professor Roar Os Ådland, Department of Business and Management Science, NHH
Professor Kjetil Fagerholt, NTNU
The trial lecture and thesis defence will be open to the public. Copies of the thesis will be available from presse@nhh.no.