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The purpose of this study is to define green shipping and eco-friendly vessels and identify the regulations and current market situation regarding eco-friendly vessels in major countries such as Europe, United States, Japan, China and South Korea within the framework of shipping companies, shipyards, ports, and policies. This conceptual study defines and analyzes the current market situation of green shipping based on the previous literatures as well as the cases of each stakeholder in major countries. As the results, this study identifies six major problems and proposes countermeasures to enhance strategic plans in preparation for green shipping in South Korea. The countermeasures are 1) the establishment of a shipping–shipbuilding collaborative network, 2) information sharing and joint cost reduction for shipping and shipbuilding industry, 3) investment in R&D in eco-friendly vessels by shipbuilding industry, 4) expanded support for LNG fueled ship.
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Lee et al. (2017) studied this question.
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