Flag copetitiveness in a zero emission enviroment

Master Thesis
Author
Gkotsi, Christina
Γκότση, Χριστίνα
Date
2025-11Advisor
Lagoudis, IoannisΛαγούδης, Ιωάννης
View/ Open
Keywords
Enviromental policie ; Zero emission ; FlagsAbstract
The transition toward a zero-emissions shipping industry has emerged as a pivotal challenge and opportunity for national flag states seeking to maintain competitiveness in a rapidly evolving regulatory and market environment. This study investigates the primary factors that shape the competitive dynamics of national flag registries, with a particular focus on compliance with international environmental regulations, market perception, economic incentives, and the adoption of green maritime technologies. The analysis considers the roles of both traditional flag states and Flags of Convenience (FOCs), assessing how their practices align—or fail to align—with global sustainability objectives.
The research emphasizes the importance of integrating national maritime strategies with international climate targets, particularly those outlined by the International Maritime Organization (IMO). By doing so, flag states can position themselves as leaders in sustainable maritime governance. The study also identifies key structural challenges for FOCs, including reputational risks and limited enforcement capacity, which may undermine their long-term viability in a decarbonized maritime sector.
The findings underscore the need for robust regulatory frameworks, technological investment, and enhanced compliance monitoring as essential components of flag competitiveness in a zero-emissions context. Ultimately, the ability of a flag state to adapt to environmental imperatives will determine its relevance and influence in the future of global shipping

