Drawing on stakeholder perceptions, this thesis identifies priority actions to accelerate the adoption of methanol as a marine fuel in Korea’s shipping and port-logistics sector. In response to tightening IMO/EU decarbonisation policies and the need...
Drawing on stakeholder perceptions, this thesis identifies priority actions to accelerate the adoption of methanol as a marine fuel in Korea’s shipping and port-logistics sector. In response to tightening IMO/EU decarbonisation policies and the need for near-term alternatives, we propose an integrated decision framework for adopting methanol fuels. Conducted structured-survey composed five dimensions. Based on the collected data set, The exploratory factor analysis and Importance-performance analysis. The analysis highlights group 1 emphasises an execution-based dimension (PF 3, TF 2, TF 3, OF 5, PF 4, EF 3); group 2 a commercial/financial dimension (EF 2, PF 1, SF 3, EF 4, PF 2); group 3 operational governance (OF 2, PF 5, OF 4, SF 4); group 4 market/social acceptability (SF 1, SF 5); and group 5 enabling infrastructure (TF 1, TF 5). Based on the IPA within each group, the foremost policy-support priorities are: within the execution-based dimension, PF 3 (integration of ESG performance evaluation indicators); within the commercial/financial dimension, PF 1 (government support and use of public funds), PF 2 (access to green financial services), and EF 2 (recovery of newbuild/retrofit investment costs); and within the market/social acceptability dimension, TF 5 (MRO capability for methanol-fuelled engines). Stakeholders seek finance-based support to de-risk methanol deployment and a long-term roadmap for profitability and green fleet renewal, alongside ongoing guidance from classification societies and the Ministry of Oceans and Fisheries. Key words : Maritime industry, Methanol fuel, Stakeholders perspective, Decision framework