Sustainability, Challenge and Solution in Maritime Industries

Noordiana Fazwanie Binti Mohd Nashir

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Type :	Thesis
Subject :	Social Sciences
Main Author :	Noordiana Fazwanie Binti Mohd Nashir
Title :	Sustainability, Challenge and Solution in Maritime Industries
Content Type :	still image (rdacontent)
Media Type :	computer (rdamedia)
Carrier Type :	online resource (rdacarrier)

Place of Production :	Kuala Lumpur
Publisher :	Tun Razak Graduate School
Year of Publication :	2023
Physical Description :	ill, 69 pages
Notes :	Research project Submitted in Partial Fulfilment of the Requirement For the Degree of Master of Business Administration Universiti Tun Abdul Razak
Corporate Name :	UNIRAZAK Library
PDF Guest :	Click to view PDF file

Abstract : UNIRAZAK Library

The shipping industry is currently facing a number of issues, including latest International Maritime Organization (IMO) regulations, security concerns, geographical shifts, technology advancements, and a push for greater efficiency. While these difficulties are highly probable to have a broad variety of financial, environmental, and negative repercussions for the whole maritime industry in the near future, they might also be viewed as having enough rights to drive the maritime industry to a central role in efficiency due to the fact that has been recognised as a worldwide significant issue that has to be addressed. This could be a positive development for the maritime industry. There have been 17 environmental sustainability objectives adopted by UN members since 2015 as a programme of action to combat poverty and safeguard the earth so that human beings can live peaceful and happy lives by the year 2020's. Despite the fact that ships transport 90 percent of all goods carried around the world, worldwide shipping is one of the earliest businesses that provides income and enables nations to support economic growth.They might also be viewed as having enough rights to drive the maritime industry to a central role in efficiency due to the fact that has been recognised as a worldwide significant issue that has to be addressed. This could be a positive development for the maritime industry. Using literature reviews about sustainability in the marine industry as well as globalisation and stakeholder theory to guide its development, a questionnaire was created, and an interview was performed with the major stakeholders in this business. After doing an analysis of the interviews, it was discovered that the industry needs a more comprehensive strategy. On the one hand, comparable collaborations among regions, the third sector, non-governmental organisations, scientific community, and the general public are required; on the other hand, appropriate and innovative technology use. They might also be viewed as having enough rights to drive the maritime industry to a central role in efficiency due to the fact that has been recognised as a worldwide significant issue that has to be addressed. This could be a positive development for the maritime industry.

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