Sustainability in Shipping

Students will be introduced to the different Sustainability challenges for a shipping business – climate changes, social pressures, drive for efficiency of resources and profitability across value chains
Duration
1 semesterFormat
OnlineCredits
20Semester
Spring
Sustainability in Shipping

Students will be introduced to the different Sustainability challenges for a shipping business – climate changes, social pressures, drive for efficiency of resources and profitability across value chains
Duration
1 semesterFormat
OnlineCredits
20Semester
Spring
This shipping business sustainability management module centres around the concept of sustainability being integral to ensuring shipping companies can continue to operate on a planet with finite resources and deliver benefits to both shareholders and society. Sustainability challenges and opportunities for shipping are analyzed, including the importance of good leadership in achieving change. The Regulatory environment and international policy instruments, agreements, principles, and the role of a shipping business in shaping a zero-carbon economy are explored. The shipping value chain activities across ships’ lifecycles are reviewed including the role of innovative design, planning, and technology in facilitating a sustainable shipping business. ESG (Environment, Social, Governance) principles are applied to a shipping business within a management system approach incorporating industry best practices guidelines with a clear emphasis on the Environmental pillar. The Social pillar which is increasingly attracting the attention of societies worldwide is also analysed with a focus on human rights and health management because of the pandemic effect which is radically changing the societal perspective of the shipping industry. Governance principles, including transparency, business ethics, diversity, and inclusion, are reviewed and applied to the shipping business environment with a special attention on financial management and reporting. Finally, the importance of effective communication sustainability strategies and goals to internal and external stakeholders is also addressed by exploring how shipping companies can work together with regulators, customers, other businesses, and non-profit organizations to bring about large-scale change in the sustainability arena.
Meet the Instructors
Vera Alexandropoulou
LL.M. Chief Legal Advisor on Shipping Issues
Vice President Thalassa FoundationDr. Valia Avgoustidi
Head of Science, HELMEPA
Giorgos Iliopoulos
Sustainability/ESG Expert Aephoria Consulting
Dr. Tafsir Johanson
Associate Professor, WMU-Sasakawa Global Ocean Institute
Iasonas Lainos
Maritime Training Officer, HELMEPA
Dr. Aspasia Pastra
Post-Doctoral Fellow, Policy Analyst, World Maritime University
Apostolos Poulovassilis
Michalis Servos
Energy & Environmental Manager, Minerva Marine Inc.
Constantinos Triantafillou
Head of Strategy & Development, HELMEPA
Panos Zachariadis
Technical Manager, Atlantic Bulk Carriers & HELMEPA Board member
This shipping business sustainability management module centres around the concept of sustainability being integral to ensuring shipping companies can continue to operate on a planet with finite resources and deliver benefits to both shareholders and society. Sustainability challenges and opportunities for shipping are analyzed, including the importance of good leadership in achieving change. The Regulatory environment and international policy instruments, agreements, principles, and the role of a shipping business in shaping a zero-carbon economy are explored. The shipping value chain activities across ships’ lifecycles are reviewed including the role of innovative design, planning, and technology in facilitating a sustainable shipping business. ESG (Environment, Social, Governance) principles are applied to a shipping business within a management system approach incorporating industry best practices guidelines with a clear emphasis on the Environmental pillar. The Social pillar which is increasingly attracting the attention of societies worldwide is also analysed with a focus on human rights and health management because of the pandemic effect which is radically changing the societal perspective of the shipping industry. Governance principles, including transparency, business ethics, diversity, and inclusion, are reviewed and applied to the shipping business environment with a special attention on financial management and reporting. Finally, the importance of effective communication sustainability strategies and goals to internal and external stakeholders is also addressed by exploring how shipping companies can work together with regulators, customers, other businesses, and non-profit organizations to bring about large-scale change in the sustainability arena.
Meet the Instructor
Vera Alexandropoulou
LL.M. Chief Legal Advisor on Shipping Issues
Vice President Thalassa FoundationDr. Valia Avgoustidi
Head of Science, HELMEPA
Giorgos Iliopoulos
Sustainability/ESG Expert Aephoria Consulting
Dr. Tafsir Johanson
Associate Professor, WMU-Sasakawa Global Ocean Institute
Iasonas Lainos
Maritime Training Officer, HELMEPA
Dr. Aspasia Pastra
Post-Doctoral Fellow, Policy Analyst, World Maritime University
Apostolos Poulovassilis
Michalis Servos
Energy & Environmental Manager, Minerva Marine Inc.
Constantinos Triantafillou
Head of Strategy & Development, HELMEPA
Panos Zachariadis
Technical Manager, Atlantic Bulk Carriers & HELMEPA Board member
√ To provide a working knowledge of the social, economic, and environmental sustainability challenges in the shipping business sector.
√ To provide a review of the current, forthcoming, and anticipated international and regional regulatory framework related to sustainable shipping operations.
√ To present an analysis of the risks and opportunities that result from the sustainability challenges as well as the knowledge and tools needed to effectively respond and drive impactful change.
√ To provide a working knowledge of the social, economic, and environmental sustainability challenges in the shipping business sector.
√ To provide a review of the current, forthcoming, and anticipated international and regional regulatory framework related to sustainable shipping operations.
√ To present an analysis of the risks and opportunities that result from the sustainability challenges as well as the knowledge and tools needed to effectively respond and drive impactful change.
At the end of the module the learner will be able to:
Assess the different Sustainability challenges for a shipping business – climate changes, social pressures, drive for efficiency of resources and profitability across value chains.
Review the regulatory environment and international policy for sustainability in shipping.
Critically evaluate the various elements of design, technology, and innovation to support sustainability.
Apply ESG (Environment, Social, Governance) principles to a shipping business within a management systems approach.
Develop an action plan to tackle social, economic, and environmental sustainability within an overall business case with the necessary leadership, collaborations, and partnerships.
ASSESSMENT STRATEGY
Based on the Programme Specification, students are formally assessed through the submission of coursework. The forms of coursework depend on the characteristics of each module and may include the following types of assessments: case study, essay, report, dissertation, market analysis, project output, valuation, etc.
In addition each module incorporates multiple self-assessment tests. Self-assessment tests are not part of the formal assessment but completion is strongly encouraged as students will be able to monitor and evaluate their learning process and identify areas requiring improvement.
At the end of the module the learner will be able to:
Assess the different Sustainability challenges for a shipping business – climate changes, social pressures, drive for efficiency of resources and profitability across value chains.
Review the regulatory environment and international policy for sustainability in shipping.
Critically evaluate the various elements of design, technology, and innovation to support sustainability.
Apply ESG (Environment, Social, Governance) principles to a shipping business within a management systems approach.
Develop an action plan to tackle social, economic, and environmental sustainability within an overall business case with the necessary leadership, collaborations, and partnerships.
ASSESSMENT STRATEGY
Based on the Programme Specification, students are formally assessed through the submission of coursework. The forms of coursework depend on the characteristics of each module and may include the following types of assessments: case study, essay, report, dissertation, market analysis, project output, valuation, etc.
In addition each module incorporates multiple self-assessment tests. Self-assessment tests are not part of the formal assessment but completion is strongly encouraged as students will be able to monitor and evaluate their learning process and identify areas requiring improvement.