IAME 2018: Towards a Path of Blue Growth and Sustainable Development

The 2018 conference of the International Association of Maritime Economists (IAME) focused on “Blue Growth” and “the Blue Economy“ as a potential driver of sustainable growth. With the organization of the 2018 IAME-conference in Mombasa (Kenya), the African continent as a major vector of this future development was a highly debated topic by the Maritime Economists community. CBS Maritime is happy to have been strongly represented in the debate, providing answers and reflections on some of the questions asked.


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From the left: Michele Acciaro, Trevor Heaver, Leonardo Santiago, Thierry Vanelslander, Theo Notteboom, Michaël Dooms. Photo: CBS Maritime

CBS Maritime Co-director, Leonardo Santiago together with Associate Professor, Cristiana Parisi and Professor, Juliana Hsuan, from the Operations Management Department at Copenhagen Business School, attended this year´s IAME conference.
They presented research undertaken within the on-going research partnership entitled ‘Governance and Innovation for a Sustainable Maritime Supply Chain’, led jointly by CBS Maritime and the Centre for Transportation Studies at Sauder School of Business. The project aims to increase the level of understanding of green shipping initiatives and challenges and to identify pathways for effective policy, investment and innovation.

"Addressing the whole maritime supply chain is essential to the theme of sustainable development of a blue economy and hence blue growth. From a research perspective, it is interesting to ask whether we can identify and map trends in green maritime shipping to shed light on future research opportunities. We are therefore in the process of mapping how governance and innovation within the maritime supply chain has evolved over the past two decades," says CBS Maritime Co-director, Leonardo Santiago.
Leonardo goes on by saying that the preliminary results point to a lack of knowledge on the role of measurement and business model innovation.
"In spite of the scarcity of research on these two areas, we see them as potential avenues to offer a larger impact to both theory and practice. We therefor argue that there is reason to continue the work and we look forward to undertake more research within the area in the future.”

Associate Professor Cristiana Parisi and Professor Juliana Hsuan presented joint research on ship recycling (entitled “The Creation of a European Market for Ship Recycling”).
“We aim to view ship-recycling from both a purely economic as well as societal-economic perspective. Our preliminary findings underline, among other things, that standards and regulations, such as the Hong Kong Convention and intervention by NGOs, have proven unable to embrace the social aspects in the developing countries, especially when various industries and hence jobs depend on the ship breaking and recycling industry,” says Cristiana Parisi.

She is supported by her colleague, Juliana Hsuan, who mentions the research focus on the notion of value in a ship-recycling context:
“Value is surely an important factor in the discussions of ship recycling. Here our preliminary results show that the notion of value is influenced by the tradeoffs and combinations of financial value and sustainable value of individual stakeholders, “ says Juliana Hsuan. Together they will continue developing their analysis by conducting in-depth interviews with stakeholders, comparative analysis and evaluations and finally developing tools to measure value.

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From the left: Cristiana Parisi and Juliana Hsuan. Photo: CBS Maritime

The page was last edited by: CBS Maritime // 07/11/2023