Evolution of Stakeholder Relationships in Green Ship Construction

Abstract

Abstract With the increasing severity of environmental issues, the relevant maritime organizations have gradually improved environmental requirements for the shipping industry to reduce pollution emissions. The environmental benefits brought by green vessels have been proven globally. However, due to the public nature of green vessel construction, shipowners do not proactively engage in green vessel development. To encourage voluntary participation and prevent shipowners from evading green supervision by seeking rent from inspection agencies, it is necessary to explore the cooperative relationship among shipowners, inspection agencies, and governments, as well as the roles of each participant in the construction process. This study uses dynamic simulation methods to analyze the game relationship among relevant stakeholders. The analysis follows the classic assumptions of game theory, assuming that players are rational and have common knowledge. The results show that reasonable reward and punishment mechanisms as well as strict supervision can promote the stable development of the tripartite game system. Additionally, this research proposes several incentive measures for the government to promote green vessel construction, including adjusting policy rewards, punishments and strengthening supervision mechanisms for different participants.