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Alternative fuels as an instrument of CSR in shipping industry: A case study of sustainability and profitability of operating LNG powered vessels

This diploma thesis formulates recommendations for managerial decision making while acquiring new vessels. It analyses by means of a quantitative research the possible fuel cost savings achievable by running IFO and LNG powered vessels, their benefits and drawbacks in terms of economical, environmental and sociolog-ical aspects. Subsequently, Payback Periods and IRR of aforementioned fuel types are calculated and questionnaire data gathered. Hypotheses for the questionnaire research are statistically tested and reveal a relation between customers attitudes to shipping companies and their willingness to pay more for the same service with better CSR strategy. The quantitative research shows LNG as the best fuel option for shipping companies, offering benefits in all three pillars of CSR.

Identiferoai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:428938
Date January 2019
CreatorsDittrich, Ivo
Source SetsCzech ETDs
LanguageEnglish
Detected LanguageEnglish
Typeinfo:eu-repo/semantics/masterThesis
Rightsinfo:eu-repo/semantics/restrictedAccess

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