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Assessing the impact of sulfur cap on bunkering spot selection in the ARA region

The introduction of IMO2020, the outbreak of COVID-19, and the oil price drop in 2020 had a significant impact on operators’ operating profits. Therefore, a competitive analysis of bunkering spots that suggests the optimal location for bunkering is of interest. This paper uses a combination of prima...

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Autores principales: Schinas, Orestis, Ourolidis, Georgios
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8918910/
http://dx.doi.org/10.1007/s13437-021-00257-9
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author Schinas, Orestis
Ourolidis, Georgios
author_facet Schinas, Orestis
Ourolidis, Georgios
author_sort Schinas, Orestis
collection PubMed
description The introduction of IMO2020, the outbreak of COVID-19, and the oil price drop in 2020 had a significant impact on operators’ operating profits. Therefore, a competitive analysis of bunkering spots that suggests the optimal location for bunkering is of interest. This paper uses a combination of primary and secondary research, both from operators’ and suppliers’ side, to identify the key performance factors (KPFs) affecting the decision-making process of a bunkering port selection process. Answers were then combined by using a fuzzy TOPSIS analytical approach to quantify the competitive position of each port in the Amsterdam-Rotterdam-Antwerp (ARA) region. Results suggest that availability of low sulfur bunkers, bunker quality, bunker price, reliability, punctuality, and safety of bunkering services, as well as usage and availability of barges are the key KPFs in order of importance. Sulfur cap has not changed the competitive environment in the region as the geographic advantage of the port of Rotterdam plays a crucial role in the comparison with the other ports, in contrast to expressed concerns in the industry.
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spelling pubmed-89189102022-03-14 Assessing the impact of sulfur cap on bunkering spot selection in the ARA region Schinas, Orestis Ourolidis, Georgios WMU J Marit Affairs Article The introduction of IMO2020, the outbreak of COVID-19, and the oil price drop in 2020 had a significant impact on operators’ operating profits. Therefore, a competitive analysis of bunkering spots that suggests the optimal location for bunkering is of interest. This paper uses a combination of primary and secondary research, both from operators’ and suppliers’ side, to identify the key performance factors (KPFs) affecting the decision-making process of a bunkering port selection process. Answers were then combined by using a fuzzy TOPSIS analytical approach to quantify the competitive position of each port in the Amsterdam-Rotterdam-Antwerp (ARA) region. Results suggest that availability of low sulfur bunkers, bunker quality, bunker price, reliability, punctuality, and safety of bunkering services, as well as usage and availability of barges are the key KPFs in order of importance. Sulfur cap has not changed the competitive environment in the region as the geographic advantage of the port of Rotterdam plays a crucial role in the comparison with the other ports, in contrast to expressed concerns in the industry. Springer Berlin Heidelberg 2022-03-14 2022 /pmc/articles/PMC8918910/ http://dx.doi.org/10.1007/s13437-021-00257-9 Text en © The Author(s) 2022 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Article
Schinas, Orestis
Ourolidis, Georgios
Assessing the impact of sulfur cap on bunkering spot selection in the ARA region
title Assessing the impact of sulfur cap on bunkering spot selection in the ARA region
title_full Assessing the impact of sulfur cap on bunkering spot selection in the ARA region
title_fullStr Assessing the impact of sulfur cap on bunkering spot selection in the ARA region
title_full_unstemmed Assessing the impact of sulfur cap on bunkering spot selection in the ARA region
title_short Assessing the impact of sulfur cap on bunkering spot selection in the ARA region
title_sort assessing the impact of sulfur cap on bunkering spot selection in the ara region
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8918910/
http://dx.doi.org/10.1007/s13437-021-00257-9
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