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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2019-02-12  |  Accepted: 2019-04-15  |  Published: 2019-06-30

Title

A compliance cost analysis of the SECA regulation in the Baltic Sea


Abstract

This paper measures and analyses the cost of sulphur emission control area (SECA) regulations that came into effect on the 1st of January 2015 in the BSR. Given the upcoming 2020 global sulphur directive, the role of the SECA regulatory costs analysis is vital in shaping global compliance. The specific measure of regulatory costs used the data of ship traffic in the BSR and their fuel consumption before and after the SECA implementation to estimate the change in shipping costs in the SECA area. The result indicates high costs, but not overly significant or negative as was predicted before the enforcement primarily because of the reduced cost of maritime fuel


Keywords

SECA regulation, costs of regulation, clean shipping, sustainability, global sulphur cap


JEL classifications

G31 , G32 , L26 , L98 , M10


URI

http://jssidoi.org/jesi/article/329


DOI


Pages

1907-1921


Funding

This work is in principle linked to the EnviSuM – Environmental Impact of Low Emission Shipping: Measurements and Modelling Strategies project sponsored by the European Regional Development Fund.

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Prause, Gunnar
Tallinn University of Technology, Tallinn, Estonia http://ttu.ee
Articles by this author in: CrossRef |  Google Scholar

Olaniyi, Eunice Omolola
Tallinn University of Technology, Tallinn, Estonia http://ttu.ee
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

6


Number

4


Issue date

June 2019


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 3650  |  PDF downloads: 1570

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