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Title Assessing the Possibilities of Integrating Ports into the Circular Economy
ID_Doc 594
Authors Jugovic, A; Sirotic, M; Zgaljic, D; Oblak, R
Title Assessing the Possibilities of Integrating Ports into the Circular Economy
Year 2022
Published Tehnicki Vjesnik-Technical Gazette, 29, 2
DOI 10.17559/TV-20200327221233
Abstract Ports are very important international hubs within transport networks where various industrial and logistical activities are performed. However, by use of the closed loop mechanism the circular economy would reduce the need for imported primary raw materials because it would treat waste as a secondary raw material. This would greatly affect the way in which ports operate because primary raw materials make up most of their cargo volume. Therefore, it is essential to evaluate the possibilities of integrating ports into the circular economy. This paper aims to use the descriptive research method to assess ports on their role in the circular economy, and based on the SWOT analysis has highlighted the key elements of circular analysis of waste streams to objectively evaluate the closed loop mechanism. The conclusion is that due to the decline in primary raw material volumes within the circular economy, ports would therefore become centers of innovation in order to attract as many new industries as possible within their sector. The circular business model of ports would also require renewed cooperation from key actors within the port sector, the most important being the port authority, industrial clusters and academic institutions.
Author Keywords Circular Economy; Circular Port; Secondary Raw Materials; Waste Management
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED)
EID WOS:000760151800024
WoS Category Engineering, Multidisciplinary
Research Area Engineering
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