Evaluation of liquefied natural gas bunkering port selection

Given environment regulations on emissions from ships, shipping companies have sought alternative fuel ships, such as LNG-powered vessels, which may give rise to growth in liquefied natural gas (LNG) bunkering ports. Because demand for LNG-powered vessels is expected to increase, it is worth assessi...

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Bibliographic Details
Published in:International journal of logistics 2021-05, Vol.24 (3), p.213-226
Main Authors: Kim, A-Rom, Kwak, Dong-Wook, Seo, Young-Joon
Format: Article
Language:English
Subjects:
Alternative fuels
Bunkering
Criteria
Decision making
Empirical analysis
fuzzy-AHP
Liquefied natural gas
Literature reviews
LNG bunkering
port selection
Ports
seaport
Shipping
Ships
Vessels
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Summary:Given environment regulations on emissions from ships, shipping companies have sought alternative fuel ships, such as LNG-powered vessels, which may give rise to growth in liquefied natural gas (LNG) bunkering ports. Because demand for LNG-powered vessels is expected to increase, it is worth assessing the factors that lead to the selection of LNG bunkering ports in LNG bunkering industries. However, a lack of academic research exists in the field of LNG bunkering port selection. This paper employs a second-stage empirical analysis approach that selects criteria for shipping companies' selection of a LNG bunkering port through a literature review and interviews, and then adopts a fuzzy-AHP methodology to reveal the priority of the LNG bunkering port selection criteria in LNG bunkering decision making. The results indicate that most shipping companies decide on a LNG bunkering port with a stronger emphasis on safety/security or port services rather than port reputation. This paper offers invaluable policy implications for governments and port authorities that plan to build and operate LNG bunkering ports in the near future.
ISSN:1367-5567
1469-848X
DOI:10.1080/13675567.2019.1642311