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Transforming to Sustainable Ocean Economy: Green Ports and Shipping in the Asia-Pacific

Ocean economy is the sum of economic activities from ocean-based industries, together with assets, goods, and services provided by the marine ecosystem. The port and shipping industry is considered an ocean-based industry; an industry facilitating the growth of global trade and economy in the Asia-Pacific. A sustainable ocean economy is a strategy that supports economic development and ocean health as compatible propositions, by balancing between economic benefits and the environment in ocean-based industries. For the port and shipping industry to achieve a sustainable ocean economy, innovative technological advancements such as green ports and ships can be a feasible method. However, the development of green ports and shipping will have cost and operational implications. Policy formulation is considered a key measure to reap the benefits and tackle the challenges of green ports and shipping for a sustainable ocean economy.

The specific article on ‘Transforming to Sustainable Ocean Economy: Green Ports and Shipping in the Asia-Pacific’ written by Ms Chin Yim Leng from the Centre for Maritime Economics and Industries can be accessed and downloaded from Asia-Pacific Tech Monitor, Jan-Mar 2020 published on the website: http://techmonitor.net/tm/index.php?title=Asia-Pacific_Tech_Monitor_._Jan-Mar_2020

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