Assessing Ships’ Environmental Performance Using Machine Learning

Author:

Skarlatos Kyriakos1,Fousteris Andreas1,Georgakellos Dimitrios1,Economou Polychronis2ORCID,Bersimis Sotirios1

Affiliation:

1. Department of Business Administration, University of Piraeus, 18534 Piraeus, Greece

2. Department of Civil Engineering, University of Patras, 26504 Patras, Greece

Abstract

Environmental performance of ships is a critical factor in the shipping industry due to evolving climate change and the respective regulations imposed by authorities all over the world. As shipping moves towards digitization, a large amount of ships’ environmental performance-related data, collected during ships’ voyages, provide opportunities to develop and enhance data-driven performance models by using different machine learning algorithms. This paper introduces new indices of ships’ environmental performance using machine learning techniques. The new indices are produced by combining clustering algorithms as well as principal component analysis. Based on the analysis of the data (14 variables with operational and design characteristics), the ships are divided into four clusters based on the new suggested indices. These clusters categorize the ships according to their physical dimensions, operating region, and operational environmental efficiency, offering insight into the distinctive traits of each cluster.

Funder

University of Piraeus Research Center

Publisher

MDPI AG

Subject

Energy (miscellaneous),Energy Engineering and Power Technology,Renewable Energy, Sustainability and the Environment,Electrical and Electronic Engineering,Control and Optimization,Engineering (miscellaneous),Building and Construction

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