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environment than traditional fuels. There are a
number of ways that ports can encourage the use of
green fuel. One way is to provide financial incentives
to shipping companies that use green fuel. Another
way is to invest in infrastructure that supports the use
of green fuel, such as LNG bunkering facilities [2].
The use of green fuel is a key step towards reducing
the environmental impact of the shipping industry.
The results of this study suggest that there is a clear
business case for ports to encourage the use of green
fuel.
The shipping industry is a major contributor to the
global economy and is responsible for a major part of
the world's trade. In recent years, the shipping
industry has come under increasing pressure to
reduce its environmental impact and reduce the
carbon footprint of its activities. One of the ways that
shipping companies can reduce their environmental
impact is by using green fuels, such as liquefied
natural gas (LNG) and biodiesel. The use of green
fuels has the potential to reduce emissions of air
pollutants, such as nitrogen oxides and carbon
dioxide, as well as reduce the risk of oil spills.
However, the cost of using green fuels is often higher
than that of traditional fuels, which can have a
negative impact on the profitability of shipping
companies. This paper will explore the relationship
between the types and numbers of ships using green
fuel frequenting Saudi ports and their impact on port
profitability. To do this, a statistical model will be
created to analyze the data collected on the types and
numbers of ships using green fuel frequenting Saudi
ports over the last four years[3]. This model will be
applied to the data collected from Saudi ports in order
to assess the impact of green ships on port
profitability.
The use of green fuel in the maritime sector has
been gaining momentum over the past few years. This
is due to the environmental benefits of green fuel such
as reduced emissions and lower fuel costs. The use of
green fuel in Saudi ports has been increasing
significantly due to the efforts of the Saudi
government to encourage the use of green fuel in the
maritime sector. This paper aims to create a statistical
model to show the relationship between the types and
numbers of ships using green fuel frequenting Saudi
ports and their impact on port profitability. Recent
data from Saudi Arabia over the last four years will be
used to apply the model. [4].
The purpose of this paper is to create a statistical
model to show the relationship between the types and
numbers of ships using green fuel frequenting Saudi
ports and their impact on port profitability. In order
to do this, recent data from Saudi Arabia during the
last four years will be analyzed and applied to the
models. Additionally, scientific references will be
included to support the findings. Finally, full
statistical equations will be included for each model.
This paper aims to create a statistical model to
show the relationship between the types and numbers
of ships using green fuel frequenting Saudi ports and
their impact on port profitability. Recent data from
Saudi Arabia during the last four years will be used to
apply the models. Scientific references will be
provided to support the models.
2 BACKGROUND
The shipping industry is responsible for 3% of global
greenhouse gas (GHG) emissions and is a major
contributor to climate change. The International
Maritime Organization (IMO) has set ambitious goals
to reduce GHG emissions from ships by at least 50%
by 2050 compared to 2008 levels. To achieve this goal,
the industry is transitioning to cleaner fuels, such as
liquefied natural gas (LNG). The use of LNG in the
shipping industry has increased significantly in recent
years due to its environmental benefits.
The use of green fuels in the shipping industry has
also had a positive effect on port profitability. Ports
that use green fuels are more likely to attract ships
with green fuel, which increases port revenue. This is
an important factor for ports as they are increasingly
competing for business.
The maritime transport sector is one of the largest
carbon sources in the world. The use of green fuel in
the maritime sector is seen as a way to reduce this
carbon emissions. Green fuels are alternative fuels
that are derived from renewable sources such as
biomass, bio-fuels, and hydrogen. The use of green
fuel in the maritime sector has been increasing due to
the environmental benefits and cost savings it can
provide. [5]
In Saudi Arabia, the use of green fuel in the
maritime sector has been increasing significantly due
to the efforts of the Saudi government to encourage
the use of green fuel in the maritime sector. The Saudi
government has implemented several initiatives such
as the Green Maritime Initiative and the Green Ports
Initiative to promote the use of green fuel in the
maritime sector.
In recent years, environmental standards have
become increasingly stringent, leading to a shift in the
maritime industry towards the use of more
sustainable fuels. This shift has been driven by a
number of factors, such as increasing oil prices,
regulatory pressures, and the desire to reduce
emissions and improve air quality. In Saudi Arabia,
the introduction of green fuel has been met with
enthusiasm, with the government encouraging the use
of green fuel at their ports.
Environmental sustainability has become an
important factor in the maritime industry, with ports
increasingly requiring vessels to use green fuel to
reduce emissions. This study aims to analyze the
relationship between the types and numbers of ships
using green fuel frequenting Saudi ports and their
impact on port profitability. Recent data from Saudi
Arabia over the past four years will be used to apply
the models and equations, and scientific references
will be included.
3 LITERATURE REVIEW
The use of green fuel in the shipping industry has
been an important factor in the reduction of emissions
and the preservation of the environment. As reported
by Liu et al. (2020), the use of green fuel can reduce
emissions by up to 50% compared to traditional fuel.