This study addresses the implementation of the International Financial Reporting Standard 9 (IFRS 9) in the European Union as of January 1, 2018, replacing the International Accounting Standard 39 (IAS 39) to introduce a new model for recognizing Loan Loss Provisions (LLP) based on Expected Credit Loss (ECL). This model responds to criticisms of the former Incurred Credit Loss (ICL) system for its inability to reflect credit losses in a timely manner, potentially exacerbating the effects of financial crises (Bushman & Williams, 2015; Gebhardt & Novotny-Farkas, 2011). The study focuses on the effects of adopting the ECL model on the level of Loan Loss Allowances (LLA) in loans, own equity, and the Common Equity Tier 1 (CET1) ratio across 13 Portuguese commercial banks. A mean comparison test is used to evaluate scenarios before and after the application of the ECL model, highlighting the importance of regulator actions and the adequacy of loss recognition policies, including the effects of Regulation (EU) 2017/2395 of December 12. The results obtained demonstrate significant negative impacts on the net values of loans, own equity, and the CET1 ratio upon adopting the IFRS 9 ECL model, due to the widespread increase in LLAs.

Abstract: This study investigates the transition to sustainable shipping industry within the framework of the IMO's 2050 carbon neutrality objective, focusing on socio-technical systems analysis. The research delves into the sustainable paradigm shift towards alternative marine fuels such as LNG, methanol, ammonia, and hydrogen from a socio-technical transition perspective, analyzing the multi-level per-spective challenges and opportunities. Specifically, it scrutinizes the implications of adopting these al-ternative fuels for global shipping, identifying technical uncertainties, financial constraints, and infra-structure needs. Through a comprehensive review of existing literature on ship emissions and alterna-tive fuels, coupled with socio-technical transition theory, the study addresses the multifaceted chal-lenges and opportunities in meeting the IMO's environmental objectives. It emphasizes the necessity of collaborative governance, innovative niche strategies, and a holistic approach to leverage the current window of opportunity in facilitating the maritime industry's transition to sustainable fuel options. Fi-nally, this research enhances our understanding of the intricate interplay between technological, social, industrial, and cultural dynamics in the greening of shipping and offers insights into the strategic adop-tion of environmentally friendly marine fuels for a sustainable future.

The collaboration of multimodal transport documents is the foundation for conducting multimodal transport operations. Blockchain technology can effectively address trust issues and information sharing difficulties in current multimodal transport document collaboration. However, in current blockchain-based electronic document research, the bottleneck problem lies in the collaboration of multiparty in multimodal transport under the "one-bill coverage system". We design a blockchain platform architecture for multimodal transport, reshaping collaboration processes for different modes of transport based on the blockchain platform. It proposes a collaboration model for multimodal transport under the "one-bill coverage system" and performs model solving and case analysis. The obtained collaboration strategies are embedded into the platform's application layer. Finally, using Solidity language, it writes smart contracts related to multimodal transport under the "one-bill coverage system " and deploys and executes them on the Remix platform.

Emerging data processing techniques brought back into attention the HF range communication as an interesting alternative to third-party solutions for IoT applications, such as data transmission in distributed energy production facilities. The physical size of HF antennas, often comparable to the surrounding objects, require in-situ radiation measurements. Drone-borne measuring systems are already known as a flexible solution, but mostly restricted to higher frequency ranges. In this work, we propose to use an electrically small, folded dipole as a probe for drone-borne measurements on HF antennas. We also propose a calibration approach for the effects related to the near-field zone, and to the drone body proximity. The impact of ground reflection is also investigated. We show that despite its low, realized gain figure such a probe can provide stable results for near-field measurements, even at low input power levels.

The effect of wave forces on the structural safety of fixed oscillating water-column (OWC) devices is critical. In this study, a three-dimensional numerical model of an oscillating water column (OWC) device is constructed using the computational fluid dynamics software OpenFOAM. Subsequently, the hydrodynamic performance of the numerical model is comprehensively validated. Finally, the hydrodynamic performance data are analyzed in detail to obtain meaningful conclusions. The results indicate that the horizontal wave force on the OWC device is approximately 6.6 to 7.9 times greater than the vertical wave force, whereas the lateral wave force is relatively small. Both the horizontal and vertical wave forces decrease as the relative water depth increases under a constant wave period and height. The horizontal wave force increases linearly with the wave height, whereas the vertical wave force increases with the square of the wave height. In addition, the highest dynamic water pressure is observed at the interface between the water surface and device, both within and outside the front wall of the gas chamber. The dynamic water pressure at different locations on the front chamber increases and subsequently decreases as the wave frequency increases.

We study a two-echelon supply chain made up of a supplier and a manufacturer, both of which can reduce their component/product carbon emissions. With the vertical technology spillovers, we explore the optimal decisions of centralized and decentralized supply chains with price dependent demand and propose coordination strategy for the decentralized supply chain. Considering the cost contraction effectiveness of the technology spillovers, the centralized and decentralized game theoretic models of a two-echelon supply chain are developed to investigate optimal decisions of pricing and carbon emissions reduction. Through a systematic comparison and numerical analysis, we show that the profits of both players and the entire supply chain improve with the effect of technology spillovers increasing. Carbon emissions reduction will be taken by various protective measures so that the supplier and the manufacturer who do not innovate can hardly share the results of innovating via the “free-riding” methods when the technology spillover is relatively small. We also propose a revenue-cost sharing contract through bargaining to enhance the performance of the decentralized supply chain.

The intense motion of a ship can greatly impacts the comfort of crew members and the safety of the vessel. Therefore, accurately estimating and predicting ship attitudes has become an important issue. This paper introduces the latest development in functional deep learning model called DeepOnet. It takes wave height as input and ship motion as output, using a cause-to-result prediction approach. The modeling data used in this study is sourced from publicly available experimental data from the Iowa Institute of Hydraulic Research. Firstly, parameters system tuning was conducted for the neural network's hyperparameters to determine the appropriate combination of parameters. Secondly, the DeepOnet model for wave height and multi-degree-of-freedom motion was established, and the influence of increasing time steps on prediction accuracy was examined. Finally, a comparison was made between the DeepOnet model and the classical time series model LSTM. It was found that the DeepOnet model had a 10-fold improvement in accuracy for roll and heave attitudes. Moreover, as the forecast duration increased, the advantage of DeepOnet showed a trend of strengthening. As a functional prediction model, DeepOnet provides a new promising tool for very short-term prediction of ship motion.

This study aimed to learn disturbance information to effectively control multiple small unmanned surface vehicles (USVs) for marine research purposes at sea. The learned disturbance information was used to investigate the control of multiple USV swarms based on the leading–following formation technique. Numerous studies have already been conducted on swarm control using drones in the air; however, there has been a paucity of studies on swarm control in the sea. Contrary to swarm control in aviation, the fluid density of the sea is high, and the environment is constantly changing; thus, a robot system would be significantly affected by disturbances. This ultimately influences the maintenance of swarm formations and the accomplishment of missions [1,2]. Therefore, it is difficult to control numerous moving objects while maintaining a formation at sea by using the existing aerial drone swarm control technology. To solve this problem, we learned a long short-term memory (LSTM) model with time-series marine environmental data to predict maritime disturbances. Thereafter, the model was applied to a mission-based position control algorithm of each USV constituting the swarm to design a marine unmanned floating vessel swarm control system that can be applied to various marine environments. Specifically, to effectively control numerous small USVs for marine research purposes, ocean currents are learned using the LSTM algorithm, and the predicted ocean currents are used to generate a swarm USV control system for USV formations. In this study, a control system model of several small USVs equipped with two rear thrusters and a front lateral thruster was designed. The LSTM algorithm was learned using the previous ocean current data, and the velocity of the following ocean currents was predicted. The predictions were then used as a system disturbance to determine the thrust of the controller. To measure ocean currents in the sea when each USV moves, the velocity, azimuth, and position (latitude, longitude) data from the GPS mounted on the USV were used to measure the velocity and direction of the hull's movement. Further, the flow rate was measured using a flow rate sensor on a small USV. The USV movement and position were controlled using an artificial neural network-PID (ANN-PID) controller. This study entailed a comparative analysis of the designed USV model results and those generated by the simulator, including the behavior control rule of the USV swarm and the path of the actual USV swarm at sea. It was verified that the effectiveness of the USV mathematical model and behavior control rules. By comparing the movement path of the swarm USV with and without the disturbance learning algorithm and ANN-PID control algorithm applied to the designed simulator, the position error and maintenance performance of the swarm formation were analyzed, and the application results were compared.

The maneuverability of ships is influenced by several factors, including ship design, size, propulsion system, hull shape, and external conditions such as wind, waves, and currents. The size, shape, and arrangement of the hull, rudder, and propeller are decisive for maneuverability. Hydrodynamic forces such as bank effect and squat significantly impact the maneuverability of large ships in narrow channels. With the increasing trend of building ever-larger ships, the demand to evaluate the maneuvering performance of the ship at the design stage has become more critical than ever. Both experimental and computational methods are used to obtain accurate maneuvering characteristics of vessels. In this study, the methods for predicting ship maneuvering characteristics are analyzed using a systematic review based on the preferred reporting items for systematic reviews and meta-analyses (PRISMA). This article contributes to a deeper understanding of the hydrodynamic capabilities of ships and identifies possible future challenges in the field of ship hydrodynamics. The findings inform educators and the shipping industry about the importance of predicting the maneuvering performance of ships, with an emphasis on the education and training of seafarers needed to make timely decisions in critical situations.

This study proposes and validates a novel combustion control system for Oil-Fired Boilers aimed at reducing air pollutant emissions through flame image prediction. The proposed system is easily applicable to existing ships. Traditional proportional combustion control systems supply fuel and air at fixed ratios according to the set steam load, without considering the emission of air pollutants. To address this, a stable and immediate control system is proposed, which adjusts the air supply to modify the combustion state. The combustion control system utilizes oxygen concentration predictions from flame images via SEF+SVM as control inputs, and applies Internal Model Control (IMC)-based Proportional-Integral (PI) control for real-time combustion control. Due to the complexity of modeling the image-based system, IMC parameter tuning through experimentation is essential for achieving effective control performance. Experiments conducted on a 3000 kg/h marine oil-fired boiler in actual operation optimized the controller parameters for stability and responsiveness, and validated their effectiveness. The results demonstrate the potential of the proposed system to improve combustion efficiency and reduce emissions of air pollutants. This study provides a feasible and effective solution for enhancing the environmental performance of marine oil-fired boilers. Given its ease of application to existing ships, it is expected to contribute to sustainable air pollution reduction across the maritime environment.

The article presents the issues related to the operation and modelling of the ship main propulsion steam boiler. Such objects are used widely in seagoing ships especially the very large crude oil carriers as a main propulsion turbine feed. The advantages of such along with simple construction thus great reliability make oil feed boilers an excellent source of power for chosen type of the large ships. It must be pointed out that a lot of research work was done in the previous years regarding automatic control of boiler automation but since then this technology was not in the focus of the researchers. In the future the fossil fuels will become less important than they are now, but the control techniques of boilers would eventually change due to different fuel parameters therefore, development of such is necessary. The article presents the results of research collected in real ship boilers during their operation and then, based on the results, a digital model of such an object was created. This model was implemented into Hardware-In-Loop which is the initial step for preparing the full model (including sensors etc.) of a steam heated boiler. Theoretical background along with chosen simulation and experimental results of control implemented into HIL were presented to validate assumptions...

Food insecurity remains a significant developmental challenge, particularly in rural areas, despite ongoing efforts to mitigate it. To better understand the persistence of this issue, this study investigates the causes of household food insecurity and the coping strategies employed by households in Zorkor Goo, Zorkor Kanga, and Zorkor Kadaare communities within the Bongo District of Ghana’s Upper East Region. A descriptive cross-sectional survey was conducted, sampling 196 households systematically from these communities. Data were collected through a structured questionnaire covering socio-demographic factors, causes of food insecurity, household coping strategies, and dietary intake. The analysis was performed using SPSS (Version 21.0), with food security status and dietary intake assessed via the FANTA Household Food Insecurity Access Scale (HFIAS) and Food Consumption Score, respectively. The study identified key factors contributing to food insecurity, including soil infertility, poor rainfall patterns, food spoilage, extravagant funerals, large family size, high unemployment, and lack of education. Major coping strategies among households included meal skipping, reducing meal size and frequency, migration, asset sales, and basket weaving. The findings revealed that 96.4% of households were severely food insecure, and over two-thirds (67.3%) exhibited poor dietary consumption. Notably, household employment levels, education, and food consumption scores were significantly associated with food insecurity (P<0.001). These findings underscore the need for targeted interventions addressing the root causes of food insecurity and enhancing household resilience in these communities.

The maritime industry contributes to over 80% of global trade and ranks as the sixth-largest emitter of greenhouse gases. The International Maritime Organization has taken strides to reduce these emissions, while the European Union spearheads efforts to establish sustainable maritime transport. However, meeting decarbonisation targets poses significant challenges, with the potential implications of adopting an EU Emission Trading System (ETS) on shipping allowances, particularly at specific borders. If not managed effectively, this could result in diversifying regular container shipping routes away from EU ports, potentially leading to increased shipping emissions and disrupting the logistics trade and security chain. These challenges are exacerbated by the International Maritime Organization's lack of a carbon fee on bunkering, which creates an imbalance. The ETS Directive has fostered unfair competition between EU and non-EU ports due to discrepancies in applying emission unit allowances. It is imperative to implement preventive measures to contain and prevent the shift of operations from EU ports to nearby ports, ensure equitable treatment of EU transhipment ports and their competitors, and thwart carbon leakage. Additionally, the recent Houthis attacks on the Red Sea have significantly impacted shipping costs on the Cape of Good Hope route to Europe, necessitating increased allowances to and from Europe.

A finite element model of 100m X-BOW polar exploration cruise is established. The entire ship frequency response analysis was carried out, comparing the simulated values with the test values, the maximum error is 22%, but only 0.24mm/s difference, the error can be ignored from the perspective of comfort, therefore, the simulation results meet the requirements of engineering accuracy and verify the effectiveness of the model. According to the solution method for global modal equivalent mass, combing the spatial distribution principle of local modal mass, the method for solving the equivalent mass of a single local mode in mixed mode is proposed, the equivalent mass of the local vibration region of 100m X-BOW polar exploration cruise ship is solved by this method, tuned mass dampers mass ratio parameters are calculated using the equivalent mass. According to the analysis, tuned mass dampers has 31dB vibration absorption effect at 13.4Hz when the mass ratio is 0.05, it also has certain control effect at 10Hz and 18.8Hz, the control effect is 3dB and 2dB respectively, the overall control frequency band is flat and robust.

Many fields of human activity benefit from the ability to create images of obscured objects placed behind walls and to map their displacement in a noninvasive way. Usually, imaging devices like Synthetic Aperture Radars (SAR) and Ground Penetrating Radars (GPR) use expensive dedicated electronics which results in prohibitive prices. This paper presents the experimental implementation and the results obtained from an imaging system capable of performing SAR imaging and interferometric displacement mapping of targets located behind walls, as well as 3D GPR imaging using a low-cost general-purpose radar sensor. The proposed solution uses for the RF section of the system a K-band microwave radar sensor module implementing Frequency Modulated Continuous Wave operation. The low-cost sensor was originally intended for simple presence detection and ranging for domestic applications. The proposed system was tested in several scenarios and proved to operate as intended for a fraction of the cost of a commercial imaging device.

The article considers the issues of ensuring operational performance and environmental sustainability of marine diesel engines by using biodiesel fuel. The research was conducted on 5S60ME-C8 MAN-B&W Diesel Group and 6DL-16 Daihatsu Diesel marine diesel engines, which were operated using RMG380 petroleum fuel and B10 and B30 biodiesel fuels. The efficiency of biofuel usage was assessed based on environmental (reduced nitrogen oxide concentration in exhaust gases) and economic (increased specific effective fuel consumption) criteria. It was found out that the use of B10 and B30 biofuels provides reduction of nitrogen oxides concentration in exhaust gases by 14.71–25.13 %, but at the same time increases specific effective fuel consumption by 1.55–6.01 %. Optimum fuel injection advance angles were determined that ensure the best thermal energy, economic and environmental performance of diesel engines. The optimum angle of biofuel supply advance is determined experimentally and should correspond to the limits recommended by the diesel engine operating instructions. It has been proven experimentally that the use of biofuel increases the environmental sustainability of marine diesel engines by 13.75–29.42 %. It increases the diesel engines environmental safety in case of emergency situations, as well as accidental and short-term emissions of exhaust gases with an increased content of nitrogen oxides into the atmosphere - phenomena that are possible in starting modes of diesel engine operation, as well as in modes of sudden load changes. It is the increase in the environmental friendliness of marine diesel engines in the case of using biofuel that is the most positive criterion and contributes to the intensity of biofuel use in power plants of sea vessels.

Shipping is a vital component of global trade. However, shipping activities have negative environmental impacts, including emissions to air and water. The Baltic Sea is severely affected by eutrophication, mainly due to nutrient inputs, especially nitrogen and phosphorus. The aim of this research is to quantify the nutrient content of black and grey water discharged from cargo ships in the Baltic Sea in order to assess their contribution to the total nutrient load. Specifically, the research examines the nitrogen and phosphorus loadings from ships calling the port of HaminaKotka and addresses key questions regarding nutrient generation, discharge proportions, emission shares by ship type and their importance compared to other sources. Using a methodology based on ship data and nutrient production estimates, the study found that 2545 cargo ships generated a total of 781 kg of nitrogen and 134 kg of phosphorus in their effluents during their voyages to the port in 2021. However, only a small fraction (0.5%) of the cargo ships discharged their wastewater at port reception facilities. The study concludes that, although nutrient discharges from cargo ships are relatively small compared to other nutrient sources, efforts to promote port reception or onboard treatment are important for environmental sustainability. Further research is recommended to assess the effectiveness of onboard treatment systems, the impact of other contaminants in wastewater and the development of port reception facilities to facilitate proper wastewater management in the maritime trade.

Climate change poses a significant threat to European security, implicitly to Romania’s naval forces in the Black Sea. Rising sea levels, extreme weather events, and ocean acidification impact maritime operations, infrastructure, and personnel, with potential ramifications for regional stability. This paper explores the implications of climate change for the Romanian Navy and proposes "Green Defence" strategies to enhance resilience and sustainability. These strategies encompass energy efficiency, renewable energy integration, sustainable procurement, and the application of advanced functional materials in naval operations and infrastructure. By adopting a proactive and multifaceted approach, the Romanian Navy can adapt to the changing climate, ensuring operational effectiveness while minimizing environmental impact. This approach aligns with broader European security concerns and contributes to a more sustainable and resilient defence posture in the face of climate-related challenges.

In Korea, laver (Gim) is the leading traded marine product and an important food source, accounting for 82.0% of the world’s exports. Laver exports reached $100 million in 2010 and steadily increased to $600 million in 2020. An increase in laver exports improves the income of laver farmers and promotes the growth of fisheries. However, marine algae are vulnerable to climate change. In this study, we aimed to predict changes in laver production due to climate change using environmental variables, including water temperature, rainfall, and sunlight duration. The results showed that water temperature considerably affected laver production; when water temperature increased by 1 °C, production decreased by 13.78% (t) in the same month. By contrast, when sunlight duration and rainfall increased by 1 h and 1 mm, respectively, 1 month before harvesting laver, production increased by 0.32% (t-1) and 0.13% (t-1), respectively. Using four scenarios based on climate change published by the Intergovernmental Panel on Climate Change in a modeling exercise, we found that laver production in 2100 in Wando in Korea may decline by 73.3% owing to water temperature changes (based on 2020 production), threatening food security. Accordingly, short-, mid-, and long-term countermeasures are needed for sustainable laver aquaculture. Appropriate water temperature (21–22 °C) during seeding is necessary to control environmental variables, based on scientific data and activation of land-based seeding methods. Moreover, mid- and long-term countermeasures should include development of high-temperature resistant laver seeds, identification of suitable new laver aquaculture grounds, and research on seeds that can adapt to climate change.

To address the challenge of recognizing ship states accurately amidst the complexities of marine environments, this study proposes a novel ship state recognition approach leveraging a graph convolutional neural network (GCNN). Initially, the method extracts canonical and efficient ship motion trajectories from AIS data. Subsequently, a state recognition network tailored for ship motion trajectories is devised and implemented employing graph convolution. Notably, the accuracy of this model is enhanced through the introduction of novel weights and optimization of the Adj parameter. Experimental evaluations conducted on a ship state dataset demonstrate significant performance improvements. Specifically, the proposed recognition network achieves a recognition accuracy of 98.3% for regulated ship trajectories, marking an impressive 8.4% enhancement over traditional convolutional neural networks. This advancement holds promise for enhancing ship state recognition accuracy across diverse maritime applications including maritime supervision, navigation safety, and ship management.

Disruptions in power quality have a negative impact on many energy consumers. These include lighting, where interference manifests itself, among others, in the form of light flickering. The article presents phenomena accompanying the operation of modern light sources against the background of exemplary results of studies on the flicker of conventional light sources, such as incandescent or fluorescent lamps. To assess the effects of these phenomena, it is necessary to use measures other than those traditionally used. The results of measurements carried out in accordance with different recommendations take into account both power supply disturbances and the properties of modern light sources.

In GNSS/IMU integrated navigation systems, factors such as satellite occlusion and non-line-of-sight conditions can lead to degradation of satellite positioning results, Subsequently affecting the overall accuracy of the integrated navigation system. To address this issue and ef-fectively utilize historical pseudorange information from satellites, this paper proposes a graph optimization-based GNSS/IMU model with virtual constraints. These virtual constraints are con-structed using satellite ‘s position from previous time step, the rate of change of pseudoranges, and ephemeris data. This virtual constraint can serve as an alternative solution for individual satellites in case of signal anomalies, ensuring the integrity and continuity of the graph optimi-zation model. Additionally, this paper conducts an analysis of the graph optimization model constructed using these virtual constraints, comparing it with traditional integrated navigation graph optimization model, and analyzes and reconstructs the marginalization process based on these virtual constraints. The experimental results, compared with tightly coupled Kalman fil-tering and the original graph optimization method on a set of real-world data, demonstrate that the introduction of virtual pseudoranges maintains high positioning accuracy. The RMSE error between it and the original graph optimization remains within 5%, affirming the high feasibility of this approach.

The last-mile logistics in cities have become an indispensable part of the urban logistics system. This study aims to explore the effective selection of last-mile logistics nodes to enhance the efficiency of logistics distribution, strengthen the corporate distribution image, and further reduce corporate operating costs and alleviate urban traffic congestion. This paper proposes a clustering-based approach to identify urban logistics nodes from the perspective of geographic information fusion. This method comprehensively considers several key indicators, including the coverage, balance, and urban traffic conditions of logistics distribution. Additionally, we employed a greedy algorithm to identify secondary nodes around primary nodes, thus constructing an effective nodal network. To verify the practicality of this model, we conducted an empirical simulation study using the logistics demand and traffic conditions in the Xianlin District of Nanjing. This research not only identified the locations of primary and secondary logistics nodes but also provided a new perspective for constructing the urban last-mile logistics system, enriching the academic research related to logistics node construction. The results of this study are of significant theoretical and practical importance for optimizing urban logistics networks, enhancing logistics efficiency, and promoting the improvement of urban traffic conditions.

To enhance the performance of visual SLAM in underwater environments, this paper presents an enhanced front-end method based on visual feature enhancement. The method comprises three modules aimed at optimizing and improving the matching capability of visual features from different perspectives. Firstly, to address issues related to insufficient underwater illumination and uneven distribution of artificial light sources, a brightness consistency recovery method is pro-posed. This method employs an adaptive histogram equalization algorithm to balance the brightness of images. Secondly, a method for denoising underwater suspended particulates is introduced to filter out noise from the images. After image-level processing, a combined underwater acousto-optic feature association method is proposed, which associates acoustic features from sonar with visual features, thereby providing distance information for the visual features. Finally, utilizing the AFRL dataset, the improved system incorporating the proposed enhancement methods is evaluated for performance against the OKVIS framework. The system achieves better trajectory estimation accuracy compared to OKVIS and demonstrates robustness in underwater environments.

Due to growing environmental concerns and stringent emissions regulations, optimizing the fuel consumption of marine propulsion systems is crucial. This work deals with the potential in an LNG ship propulsion system to reduce fuel consumption through controlled load distribution between engines in Dual Fuel Diesel Electric (DFDE) plant. Based on cyclical data acquisitioning measured on board and using an optimization model, the study evaluates different load distribution strategies between set up according to the optimization model results and automatic (equal) operation to determine their effectiveness in improving fuel efficiency. The analysis includes scenarios with different fuel types, including LNG, MDO and HFO, at different engine loads. The results indicate that load distribution adjustment based on the optimization model results significantly improves fuel efficiency compared to conventional methods of uniform load distribution controlled by power management systems almost in all load intervals. This research contributes to the maritime industry by demonstrating that strategic load management can achieve significant fuel savings and reduce environmental impact, which is in line with global sustainability goals. This work not only provides a framework for the implementation of more efficient energy management systems on LNG vessels, but also sets a benchmark for future innovations in maritime energy optimization as well as in the view of exhaust emission reduction.

The implementation of Emissions Trading System (ETS) poses significant challenges for the Indian maritime sector. This paper investigates the regulatory implications of ETS, focusing on how these regulations impact compliance and operational practices within the Indian shipping sector. It also analyzes the economic effects, including the financial burden and competitive dynamics faced by the Indian shipping companies in a global context. Additionally, the paper explores various adaptation strategies, emphasizing technological innovations and operational adjustments essential for navigating ETS requirements. By integrating recent industry data and case studies, this study offers a comprehensive overview of how the Indian shipping industry can effectively address the evolving regulatory landscape of ETS.

Automated Machine Learning (AutoML) is revolutionizing how businesses utilize data, making advanced analytics accessible to a broader range of organizations. By automating complex tasks like data preprocessing, model selection, and hyperparameter tuning, AutoML reduces the time and resources needed to develop and deploy machine learning models. This accelerates decision-making and enables quicker responses to market changes. AutoML empowers businesses to build accurate predictive models using sophisticated algorithms, optimizing model performance for reliable insights and better outcomes. A key advantage of AutoML is its accessibility; even organizations without a dedicated data science team can leverage machine learning, reducing technical barriers and democratizing innovation. As businesses grow, AutoML scales to handle larger datasets and more complex problems without extensive manual intervention. AutoML enhances efficiency, accuracy, and scalability, becoming a crucial driver of business innovation and success. The systematic review will examine the bibliometric literature on how AutoML can boost business, analyzing 74 academic and scientific documents from the Scopus database.

The integration of the Internet of Things (IoT) and Distributed Computer Systems (DCS) is transforming business models across industries. IoT devices enable real-time monitoring of equipment and processes, reducing downtime and enhancing efficiency. In the case, manufacturing companies use IoT sensors to monitor machinery, predict failures, and schedule maintenance. Also, automation via IoT, reduces manual intervention, resulting in boosted productivity in smart factories and automated supply chains. IoT devices generate thus vast amounts of data, which businesses analyze to gain insights into customer behavior, operational inefficiencies, and market trends. In turn, distributed computer systems process this data, providing actionable insights and enabling advanced analytics and machine learning for future trend predictions. While, IoT facilitates personalized products and services by collecting data on customer preferences and usage patterns, enhancing satisfaction and loyalty, IoT devices support new customer interactions, like wearable health devices, and enable subscription-based and pay-per-use models in transportation and utilities. Conversely, real-time monitoring enhances security, as distributed systems quickly respond to threats, ensuring operational safety. It also aids regulatory compliance by providing accurate operational data. In this way, this study, through a Bibliometric Literature Review (LRSB) of 91 screened pieces of literature, aims at ascertaining to what extent the aforementioned capacities enhance business models. The study concludes that those systems leverage businesses, promoting competitive edge, continuous innovation, and adaptability to market dynamics. A review of 91 academic documents from the Scopus database highlights these impacts.

The increasing adoption of student-centred learning environs by the institutions of higher education in business, has led to new mechanisms and methodologies such as the Simulation-Based Learning (SBL), Problem-Based Learning (PBL) and Challenge-Based Learning (CBL). Literature has shown evidence of raising interest in these methodologies towards a more experiential paradigm with regard to upcoming events from the surrounding real-world context. This paper presents a Systematic Bibliographic Literature Review (SBLR) with respect to the integration and application of these innovative and collaborative methodologies in higher education. It aimed to identify its relevant advantages, challenges, and consequences for the future of business education. Bibliographic databases were searched for documents published up to May 2024 to categorize key topics discussed in the literature on SBL, PBL and CBL. The review process identified 89 empirical and non-empirical papers on SBL, PBL and CBL, business related paperwork, which resulted from the PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-Analyses) method. PRISMA is a framework with evidence-based data designed to help authors perform a systematic literature review. Data analysis revealed diverse subthemes for those methodologies uses in business higher education institutions. The research questions “What are the advantages, challenges and implications of SBL, PBL and CBL altogether, in the training of business students?” guided the study. The central output of the research is the discovery of the varying uses of SBL, PBL and CBL overall, to cope with diverse demands arising within environmental context. Future research directions are suggested.

A sustainable low cost activated carbon substitute was produced based on pretreated lignocellulosic biomass, especially spruce sawdust. A harmful liquid waste, desalination brine was used for the treatment of a solid wood industry waste, spruce sawdust. This approach is in the circular economy theory and aims to the decarbonization of the economy. The pretreated sawdust was tested as an adsorbent appropriate for the removal of a commonly used pollutant, methylene blue, from industrial wastewater. The adsorption capacity of the pretreated material was found to increased four times comparing to the untreated one in the case that the Freundlich equation was fitted to the isotherms’ data. The treatment experimental conditions with desalination brine that gave maximum adsorption capacity correspond to 1.97 combined severity factor in logarithmic form value. The same adsorption capacity was found to increase five to six times comparing to the untreated spruce sawdust in the case that the Langmuir isotherm model was applied at the same data. Moreover, kinetic experiment was cried out as regards the methylene blue adsorption process. The desalination brine pretreated sawdust adsorption capacity increased 1.4 times comparing to the untreated one, in the case of the Lagergren kinetic equation fitting. Furthermore, the adsorption capacity of the same material was increased 1.6 times when the second order kinetic model was applied to the same data. Industrial scale applications can be based on the kinetic data findings as they have to do with a very shorter adsorption period comparing to the isotherm data.

The introduction of Maritime Autonomous Surface Ship (MASS) through the development of autonomous navigation technologies is expected to bring about new technologies, new vessel types, and new job roles such as remote operation center (ROC) and remote operator (RO). The MASS Code are currently being discussed through Maritime Safety Committee (MSC) of International Maritime Organization (IMO). This code is expected to be adopted in the form of non-mandatory guidelines until 2025, with the goal of establishing mandatory requirements by 2028. Additionally, revisions to the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW) related to crew training and qualifications are planned for adoption by 2027, which will include requirements for MASS operators. This paper aims to examine the fundamental competencies required for safe MASS operation by remote operators using the Analytic Hierarchy Process (AHP) method, considering the emergence of the new profession of RO. Building upon the 66 Knowledge, Understanding & Proficiencies (KUPs) outlined for marine officer in the STCW Convention, the study seeks to identify the additional competencies necessary for RO and contribute to the development of a training model for the future.

The augmenting commitment in the entrepreneurial learning process, both at academic and industry level, has led to new mechanisms and methodologies. Entrepreneurship literature has shown evidence of raising interest in the problem-based learning (PBL) methodology with regard to upcoming events from the surrounding learning context. This paper presents a Systematic Bibliographic Literature Review (SBLR) with respect to the application of PBL throughout distinct entrepreneurial processes either in higher education, or in industry. It aimed to identify relevant entrepreneurial opportunities for PBL. Bibliographic databases were searched for documents published between 2002 and May 2024 to categorize key topics discussed in the literature on PBL and entrepreneurship. The review process identified 142 empirical and non-empirical papers on entrepreneurship related PBL. Data analysis revealed diverse subthemes for PBL uses in entrepreneurship in both higher education institutions and industry. The research questions “What is the interplay of problem-based learning methodology with entrepreneurship?” guided the study. The central output of the research is the discovery of the varying uses of PBL to cope with diverse events arising within entrepreneurship context. Future research directions are suggested.

The food system, the most important driver of planetary transformation, is in a deep crisis. Therefore, seeking a sustainable and socially-fair transition pathway becomes an issue of utmost priority for our own survival. The consideration of food as a commodity, a social construct that played a central role in driving this crisis, remains the uncontested narrative to lead the different transition pathways what seems rather contradictory. By exploring the normative values in the transition landscape, this paper seeks to understand how relevant is the hegemonic narrative of “food as commodity” and its alternative of “food as commons” to determine transition trajectories and food policy beliefs. Applying the Multi-level Perspective framework and developing the ill-studied “agency in transition”, this research enquired food-related professionals that belong to an online community of practice (N=95) on valuation of food dimensions and agency in food transitions to check whether the valuation of food is relevant to explain personal stances in transition. Results suggest the socially-constructed view of food as commodity is positively correlated to the gradual reforming attitude, whereas food as commons is positively correlated to the counter-hegemonic transformers regardless the self-defined position in the transition landscape (regime or niches). At personal level, there are multiple loci of resistance with counter-hegemonic attitudes in varied institutions of the regime and the innovative niches, many of them holding this discourse of food as commons. Conversely, alter-hegemonic attitudes are not positively correlated to this alternative discourse and they may inadvertently or purportedly reinforce the ‘‘neoliberal narrative’’. Food as commons, a different narrative whose rationale is explained in the paper, seems to be a relevant framework that could enrich the multiple transformative constituencies that challenge the industrial food system and therefore facilitate the convergence of movements that reject the commodification of food.

Maritime data not only identify financial resources that can significantly enhance the efficiency of shipping companies but also play a pivotal role in promoting eco-friendly and sustainable shipping practices. However, active corporate strategies are required to include maritime data essential for the commercial operation of autonomous ships in the form of corporate assets by transparent evaluating the data. The aim of this study is to review previous studies on da-ta-valuation models, identify a valuation model suitable for maritime business, consider the characteristics of maritime data. The analytic hierarchy process (AHP) method is used to derive priorities for valuing maritime data assets, with emphasis placed on the characteristics of mari-time data, followed by the character of the future-oriented maritime-data market and the da-ta-valuation model. The results obtained that the most important factors in selecting a maritime data-valuation model by analyzing the AHP method were identified as the characteristics of the maritime data(M1). The next most important factors analyzed were the features of the mari-time-data market(M2) and the features of the maritime data-valuation model(M3) in order. In addition, the characteristics of maritime data were preferentially considered among the main criteria, and the market approach (A2) was selected as the most optimal valuation model. The potential impact of this implementation could contribute to the establishment of an intelligent technology market by estimating the value of data and developing a platform for maritime data trading, allowing for more efficient data sharing and utilization by maritime autonomous sur-face ship(MASS).

Maritime transport has adapted to recent political and economic shifts by addressing stringent pollution reduction requirements, redrawing transport routes for safety, reducing onboard technical incidents, managing data security risks and transitioning to autonomous vessels. The integration of AI-based technologies for fault diagnosis and decision-making, coupled with proper personnel training, has become essential for optimal ship operation, with AI-assisted predictive maintenance emerging as the key strategy to ensure onboard systems function within desired parameters and enhance equipment availability. This study proposes a machine-learning algorithm for evaluating onboard systems performance by analyzing sensor data and mapping it to fault patterns to estimate functional states, validated through tests on a seawater cooling system from an oil tanker, demonstrating operational efficiency and reliability. The immediate advantage is reduced time for fault diagnosis by rapidly assessing the system using operational data, the algorithm enabling real-time monitoring and fault data management to minimize efforts as part of predictive maintenance assisted by machine learning tools.

As a new plant slope protection technology, living stumps can effectively improve slope stability. The current study attemptes to investigate the mechanical characteristics of the root system of living stumps and their reinforcement mechanism on slopes by carrying out a three-dimensional living stump slope modeling test. Using ABS materials, a 3D model of a living elm stump was created by 3D printing and a slope model test was carried out. The reinforcement mechanism of the living stump was studied through a combination of model testing and numerical simulation. The results indicate that, due to the presence of living stumps in the lower and middle parts of the slope, the maximum shear stress area of the soil moved to a deeper direction. The stress state of the soil around the living stump was effectively improved due to the existence of the lateral root system.Living stumps in the lower part of the slope cross the potential sliding surface and transferred the soil shear stress gradually to the root system through root-soil interaction. Moreover, the tap roots and lateral roots of living stumps form a robust spatial structure that bears the shear stress of soil together, thus increasing the stability of the slope.

Following technological advances, autonomous and remote-controlled ships are performing trials in some sea areas; a mandatory goal-based MASS code, expected to enter into force on 1 January 2032, is under discussion in the International Maritime Organization (IMO). However, there are no unified standards regarding verification methods to define operating limitations for cutting-edge technologies, which are expected to be elements of MASS, so it is difficult to assess the risk factors for the management and operation of MASS. This paper outlines the regulatory framework for MASS, followed by a discussion of its application, considering the differences between MASS and automated driving, and how to develop safety management and operation using standards for automated driving. A requirements management framework developed as a system and software engineering standards to build safety management and operation of MASS is proposed. It is also suggested that the requirements management framework could be used not only for MASS development but also for regulatory review from a requirements management view.

Currently, there has been a tendency for companies to direct the development of their businesses following circular economy trends associated with sustainability. European Community guidelines have established deadlines for the implementation of management strategies that allow creating and maintaining an effective and resource-efficient economic system, reducing the amount of en-ergy and materials used in production. In this scenario, this study makes sense, which aims to an-alyze academic studies on these topics with the aim of understanding future trends. In this sense, the objective of this study is to understand the potential impacts on business development of the inte-gration of sustainability and the circular economy. This article uses a systematic literature review, which has the objective of gather and analyze materials from different authors, carrying out an analysis to answer a specific question. The findings indicate that CE and sustainability are con-nected and businesses should implement sustainability and CE appropriate strategies to increase their competitiveness and improve resource efficiency. These strategies may integrate innovative technologies, the use of sharing platforms, product life extension, resource recovery to minimize waste and the integration of sustainability concepts in business as well as their communication with their stakeholders to change trends and behaviors.

The implementation of cybersecurity standards and directives in the maritime sector plays a crucial role in protecting critical maritime infrastructures from cyber threats. The level of protection depends heavily on humans. However, the effectiveness of cybersecurity training and compliance programs, an essential component of these standards, is often hindered by challenges related to the sector’s environment, including the established technologies, practices, and norms. This paper aims to identify these challenges through a literature review and set the basis for more effective human risk minimisation, responses, and training. We identify 18 challenges and validate them with an online survey (N=205) capturing real-world perspectives from maritime-related stakeholders. Our findings contribute to enhancing the effectiveness of maritime cybersecurity training and compliance programs, ultimately strengthening the maritime cybersecurity posture.

The marketing industry is rapidly evolving, necessitating educational programs to adapt and equip graduates with relevant skills and knowledge. This systematic literature review with bibliometric analysis (SLRBA) explores the integration of Problem-Based Learning (PBL) in marketing education. PBL is an instructional strategy that empowers students to solve real-life problems by integrating theory and practice, thus fostering critical thinking and decision-making skills. Our review synthesizes data from 71 sources, highlighting the definition of PBL, strategies to promote its implementation in marketing education, and the benefits and challenges associated with this approach. The findings indicate that PBL enhances student engagement, provides hands-on experience, and prepares students for real-world marketing challenges. Strategies such as using social media, serious games, e-learning, and feedback mechanisms are discussed for their effectiveness in promoting active learning and student participation. Despite its advantages, PBL faces challenges such as resource intensiveness, student resistance, and information integrity issues. This review underscores the importance of PBL in bridging the gap between theoretical knowledge and practical application, ultimately preparing marketing students to meet the demands of the industry. The paper concludes with recommendations for future research and best practices for implementing PBL in marketing education.

This paper assesses the association of ESG scores with stock returns and highlights the moderating role of the COVID-19 pandemic and the country's governance. The study uses panel data regressions to analyze how ESG performance influences plain, absolute, and risk-adjusted returns in a sample of European and selected non-European countries. These suggest that higher overall ESG scores are related positively to financial performance, and this relation is enhanced during the COVID-19 pandemic. Specifically, the two dimensions of ESG that matter most are environmental and governance. Country-level governance is important because firms in well-governed countries amplify the benefits of high ESG scores. The opposite is true for the higher Controversies scores, whose bad financial outcome is magnified during the pandemic. These results present an argument for the resilience of firm financial performance, dependent on strong ESG practices and governance frameworks. This holds great interest for investors and policymakers in associating good ESG considerations with the effective management of financial risks, leading to sustainable returns during periods of widespread economic uncertainty.

Thermaikos Gulf (TG) is a semi-enclosed, river-influenced, marine system situated in the eastern Mediterranean Sea, sustaining both urban coastal regions and ecologically preserved natural areas. Facing a plethora of environmental and anthropogenic pressures, the TG serves as a critical nexus where human activities intersect with marine ecosystems. The second largest city of Greece, Thessaloniki, is located in the northern part of the gulf, while a large environmentally protected zone with multiple river deltas is lying along its western coasts. The quality and health of the TG’s marine environment are tightly linked to the socioeconomic activities of the coastal communities comprising approximately 1.5 million inhabitants. The main features of TG’s environmental dynamics and ecological status have been scrutinized by dedicated research endeavours during the last 50 years. This review synthesizes the seminal findings of these investigations, offering an evaluation of their contribution to research, their present collective impact, and their trajectory toward the future. A severe deterioration of the TG’s environmental quality was detected in the 1970s and 1980s when treatment of urban wastewater was completely absent. A steady trend of recovery was observed after the 1990s, however without achieving, so far, the goal of a “good environmental state”, mandated by national legislation and European directives. The most important research gaps and uncertainties are also discussed and specific recommendations for the improvement of monitoring and understanding about the physical, biochemical, and ecological state of the gulf are provided. The most significant discrepancy is related to the fragmentary monitoring of the TG in both space (partial coverage) and time (temporal gaps), which has been intensified after 2010 due to the reduced funding for environmental research and protection under the severe Greek economic recession. This review aspires to highlight the importance of bolstering monitoring initiatives that can provide continuous observations and further understanding on the TG's ecological and physicochemical conditions. Targeted recommendations, aimed at ameliorating the fragmented monitoring processes, are also provided, advocating for a holistic approach that can safeguard the ecological integrity of the Thermaikos Gulf and uphold its role as a crucial link to marine biodiversity and sustainability in the Mediterranean basin.

The influence of technology corporations on the development of smart cities can generate corporate-centric models of governance. Thus, it is relevant to examine which governance models help to promote sustainability. Based on a rapid review on the governance of smart cities, this paper aims to evaluate the merits and drawbacks of various governance models adopted by diverse smart city initiatives. It contends that top-down models often prioritize corporate-centric governance structures, potentially neglecting sustainability concerns. Nonetheless, our findings indicate that top-down approaches can mitigate corporate-centric tendencies by integrating citizen participation into their visions and strategies. Hybrid models offer the advantage of governmental leadership but may lean towards a triple-helix model, with limited citizen involvement. Conversely, bottom-up models represent quadruple-helix collaborations with active citizen engagement.

Matters relating to preservation of environmental resources and climate change, social inclusion and diversity, and open and sound governance have rapidly gained global attention. However, little is known about the construction industry in meeting the environmental, social and governance (ESG) criteria towards sustainable development. In this study, the purpose is to identify the key ESG indicators for construction development. A systematic literature review was undertaken using data from Scopus, PubMed, Google Scholar, JSTOR, ProQuest, and Web of Science. The results show some of the key ESG indicators as climate resilience and green construction activities (at the project level), and active stakeholder engagement and effective project governance (at the firm level) and meeting environmental and social regulation requirements (industry/national level). The limitation of the article is in the sample size of twenty-six journal articles with future expectation of increment as ESG gain more acceptance in the construction industry. This study will be significant for the design of practice framework and policies on ESG in the construction industry. Comprehensively, this study presents relevant ESG indicators for construction management and presents essential information for future research.

The years 2021 and 2022 showed that maritime logistics are prone to interruptions. Especially the ports turned out to be bottlenecks with long queues of waiting vessels. This leads to the question of whether this can be (at least partly) mitigated by means of better and more flexible terminal operations. Digital Twins have been in use in production and logistics to increase flexibility in operations and are considered a reasonable fit. They are suitable for real-time data integration to support decision-making. However, the true potential of Digital Twins to enhance terminal operations still needs to be further investigated. A Delphi study is conducted to explore operational pain points, best practices to counter them, and how these best practices can be supported by Digital Twins. A questionnaire with 16 propositions is developed, and a panel of 17 experts is asked for their degrees of confirmation for each. The results indicate that today’s terminal operations are far from ideal and leave space for optimisation. The experts see great potential in analysing past working shifts data to identify reasons for poor terminal performance. Moreover, they agree on the proposed best practices and support the use of aiding IT solutions.

ABSTRACT After locavore was chosen as “the best word of the year” in 2007, its popularity increased gradually. Today great number of locavores consciously prefer locally produced food for the benefit of themselves and their community. Undoubtedly this conscious movement has its consequences in marketing discipline. Accordingly, this paper is purposed to examine the how locavore perceptions affect loyalty towards retailers that sell locally produced food. In this context, a survey was applied to people residing in Istanbul and Kocaeli districts to measure the robustness of these effects. Furthermore, attitude towards locavore is used as a control variable to reveal to what extend locavorism affects these proposed connections. According to results, for participants with low attitude, Social Responsibility and Health Consciousness variables have significant effect on local retailer shopping loyalty. However, for participants with high attitude, all independent variables proved to have substantial effect on local retailer shopping loyalty. As the first empirical study in Turkey on the subject, this paper will provide important insight to academia and practicioners due to today’s ever-increasing consciousness in green marketing.

This study investigates the evolving corporate governance mechanisms within the context of an emerging economy. Addressing a literature gap, we analyse the influence of corporate governance and earnings quality on idiosyncratic risk in an emerging economy. In particular, this research explores the impact of corporate governance practices and earnings quality on idiosyncratic risk. For this purpose, we utilise a sample of 75 non-financial firms listed on the Pakistani equity market over nine years from 2010 to 2018. Employing the generalised method of moments, the findings of our empirical analysis reveal that firms with robust governance mechanisms and higher earnings quality experience minimal idiosyncratic risk. These outcomes provide valuable insights for standard setters, regulatory authorities, policymakers, and other stakeholders, emphasising the importance of governance mechanisms and earnings management in mitigating idiosyncratic return volatility.

This research examines the overtopping volumes associated with focused wave groups on smooth dikes with an emerged toe. Focused wave groups are employed to represent the highest waves of random sea states in a compact form, obviating the need to model the entire irregular wave train. The study investigates how overtopping volumes are affected by focus location and phase. Results from 418 experimental tests have been gathered and analyzed. The experiments employed first-order wave generation theory to analyse structural response. Subsequent studies will address the errors induced by this approximation and compare it with second-order wave generation. The experiments simulated extreme wave impacts on an idealised coastal layout, comprising a 1:6.3 foreshore slope and three different dike slopes, including vertical structures, with the initial still water level set below the dike toe. The study employed NewWave theory for generating focused wave groups, aiming to extend recent research on wave overtopping under varied conditions. The results, analysed in both dimensional and non-dimensional forms, indicate that overtopping volumes are significantly influenced by the focus phase. Critical focus locations were identified at a distance of one-third of the deep-water wavelength from the toe.

This paper examines hybrid threats to maritime transportation systems, and their governance re-sponses; focusing on the congested Straits of Malacca and Singapore (SOMS) as an illustrative case study. The methodology combines secondary sources with primary data from 42 expert in-terviews, a 30-respondent survey, and two maritime security roundtables. Key findings were that ships’ critical systems are increasingly interconnected, yet aging IT infrastructure and minimal cybersecurity awareness among crews heighten risks. Meanwhile, regional terrorist groups have previously targeted shipping and shown considerable skill in exploiting online tools, aligning with broader calls for jihadist violence. Further, opportunistic piracy persists in the SOMS with the po-tential to disrupt shipping. Experts confirmed maritime cybersecurity lags other critical infra-structure sectors and needs updated governance. Initial International Maritime Organization (IMO) guidelines lack specificity but revisions and updated IMO guidance are in process, while Port state implementation of maritime cybersecurity standards varies. Crucially, information sharing remains inadequate, even as recorded attacks increase. Findings underscore that although major hybrid incidents have not occurred, simulations and threat actors’ capabilities demonstrate potential for catastrophic collisions or cascading disruption in congested waterways. Mitigating factors like redundancy and crew training are deficient currently. Some alignment between SOMS states on maritime security cooperation exists, but not cyber threats specifically. Key recommen-dations include an anonymous cyber-attack reporting system, reinforced training and shipboard systems, and consolidated regional frameworks. Until these priorities are addressed, the analysis concludes that hybrid vulnerabilities in this vital global chokepoint remain a serious concern.

The rise of the Internet of Things (IoT) has opened up exciting possibilities for new applications. One such novel application is the modernization of maritime communications. Effective maritime communication is vital for ensuring the safety of crew members, vessels, and cargo. The maritime industry is responsible for the transportation of a significant portion of global trade, and as such, the efficient and secure transfer of information is essential to maintain the flow of goods and services. With the increasing complexity of maritime operations, technological advancements such as unmanned aerial vehicles (UAVs), autonomous underwater vehicles (AUVs), and the Internet of Ships (IoS) have been introduced to enhance communication and operational efficiency. However, these technologies also bring new challenges in terms of security and network management. Compromised IT systems, with escalated privileges, can potentially enable easy and ready access to operational technology (OT) systems and networks with the same privileges, with an increased risk of zero-day attacks. In this paper, we first provide a review of the current state and modalities of maritime communications. We then review the current adoption of Software-Defined Radios (SDRs) and Software-Defined Networks (SDNs) in the maritime industry and evaluate their impact, as IoT enablers, on the future of maritime industry operations, safety, and security.

This study provides an insightful overview of community-participatory governance and conflict management as instruments for utilizing resources for development in Sub-Saharan Africa (SSA). SSA is a region rich in natural resources but prone to conflict. The study is conceptual and critically engages the application of community governance and conflict management strategies that SSA countries need to adopt. The study praises the notion that community governance is characterized by recognizing and accepting intercultural diversity and creating a democratic institution for promoting good governance and conflict management in SSA. The study recommends that good community governance is required to drive local communities' development, growth, and transformation into a sturdy, innovative, and productive society capitalizing on opportunities. The study voice for the amalgamation of appropriate models and theories of governance cogently in the context of SSA due to the heterogeneity of communities. Therefore, to resolve conflict, conflict management, resolution, and transformation strategies are necessarily needed to accomplish a viable peace to maintain and sustain development.

Today, the digital economy has pursued the required social and economic development, and enterprises can achieve long-term sustainability by relying on the digital platform ecosystem. However, the development of the digital economy and the rapid growth of platform ecosystems have also generated some problems. To study effective digital platform ecosystem governance, this study used the tripartite evolutionary game method and analyzed the changes and effects of platform regulation under different development stages from the perspectives of government, platforms, and enterprises. The results indicate that in the early stages, digital platforms primarily relied on the government’s obligation to regulate. With the digital platform ecosystem’s evolution, the platform organization and settled enterprises’ governance effects gradually appeared, establishing the three common constraints of governance mode. Finally, when the digital platform ecosystem is in its self-renewal period, the government effect is reduced, with the platform itself and settled enterprises taking primary supervisory roles. This study provides reasonable methods for effective platform governance at different stages and enriches the theoretical basis and management practices of platform ecosystems.

Biodiversity loss and nature degradation are pressing issues with huge impacts on our society and economy. Businesses, investors, and regulators focus on corporate efforts to support biodiversity and nature positive actions. This review provides a comprehensive overview about the importance of biodiversity in businesses, the materiality of biodiversity and the role of mandatory and non-mandatory regulations on corporate environmental reporting and sustainability disclosure frameworks. The review also discusses descriptive information on the evolution of sustainability frameworks with a comparison of most prominent sustainability frameworks with a key focus on the materiality approach and biodiversity-related disclosure recommendations. Further, we provide suggestions for more holistic approaches to improve the future sustainability frameworks focusing on the biodiversity impact while showing the necessity of more focus on the decision-making paradigm. Further research on measuring biodiversity impact and innovative trends in sustainability reporting are required to better reflect nature-positive outcomes in corporate sector businesses.

This paper studies the flexural behavior of the bridge deck link slabs made with the Polyvinyl Alcohol-Strain Hardening Cementitious Composites (PVA-SHCC). Tensile and flexural properties of the PVA-SHCC with four volume fractions, i.e., 0%, 1%, 1.5%, and 2%, were evaluated first. Next, using the similarity theory, composite models with a geometric similarity ratio of 1: 5 were designed to represent the bridge deck with the link slabs. The models considered three materials for link slabs, including concrete, cement mortar and self-compacting PVA-SHCC; and two different curing ages at 7 and 56 days. Bending tests were performed to investigate the flexural behavior of the models. Based on the fractal theory, cracking characteristics of the models with different types of link slabs were compared, and the relationship between Df and the flexural behavior of the models were studied. Numerical models were built to correlate with the results from the bending tests. It is illustrated that the flexural behavior of the self-compacting PVA-SHCC link slab is better than that of concrete and cement mortar link slabs, where the crack initiation and propagation can be postponed.

this paper focuses on a scientific study of the restoration, rehabilitation and reuse of the great throne hall, the most important hall in al-jawhara palace. it also aims to study the most important factors and forces of damage that affected the great throne hall, natural, biological, and human, and the resulting damage. field tests were performed, laboratory tests to determine fracture stress, liquidity and spandex limits tests, chemical analysis on soil samples and geoelectrical testing of the soil, and the results did not show caves or voids in the ground until a depth of 10.00 m, construc-tion materials were studied and tested using x-ray, (xrd), mechanical tests (tensile, shear, com-pression), and a study of the effect of seismic loads on the walls; the results showed horizontal and vertical cracks; based on the study and analysis of these cracks, it was possible to present modern techniques in restoration and reinforcement methods, and in conclusion, the researcher's recommendations.

This study investigates the influence of adding hydrogen as an additive to gasoline in a four-stroke engine, utilizing a comprehensive thermodynamic comparative analysis conducted with self-developed engine model. The research aims to assess the performance, emissions, and efficiency of the engine when using gasoline-hydrogen blends, and to provide insights into the potential benefits of this approach. First the engine performance and emissions under different hydrogen blending levels were examined. A range of different air-to-fuel ratios (rich to lean) and varying percentages of hydrogen were considered. This systematic variation allowed for a detailed evaluation of the influence of hydrogen content on combustion efficiency, power out-put, and emissions characteristics. The analysis results included key parameters such as indicated specific fuel consumption and mean effective pressure. Additionally, the study focused on range prediction of nitrogen oxides (NOx) emissions, which are a critical environmental concern asso-ciated with internal combustion engines. The analysis of pressure and temperature profiles throughout the engine cycle shed light on the combustion characteristics and efficiency im-provements associated with hydrogen addition. In terms of emissions, the study projected that all emissions were reduced except NOx, which is highly dependent on hydrogen percentage, and it might be reduced in some cases, but with higher temperatures and pressures associated with hydrogen addition in most cases there is actually NOx increase, especially at higher engine loads.

The task of automatically and intelligently diagnosing faults in marine equipment is of great significance due to the numerous duties that shipboard professionals must handle. Incorporating automated and intelligent systems on ships allows for more efficient equipment monitoring and better decision-making. This approach has attracted considerable interest in both academia and industry because of its potential for economic savings and improved safety. Several fault diagnosis methods are documented in the literature, often involving mathematical and control theory models. However, due to the inherent complexity of some processes, not all characteristics are precisely known, making mathematical modeling highly challenging. As a result, fault diagnosis often depends on data or heuristic information. Fuzzy logic theory is particularly well-suited for processing this type of information. Therefore, this paper employs fuzzy models to diagnose faults in a marine pneumatic servo-actuated valve. The proposed fault diagnosis framework analyzes the discrepancy signals between the outputs of the fuzzy models and the actual process outputs. These discrepancies, known as residuals, help in detecting and isolating equipment faults. The fault isolation process uses an intelligent decision-making approach to determine the specific fault in the system. This method is applied to diagnose abrupt faults in a marine pneumatic servo-actuated valve.

Maritime surveillance technology faces challenges of astronomical size in this vast ocean world—challenges vital to global security and environmental protection alike. Such as these may be reversible or not. Remotely sensed monitoring also uses photos taken from satellites, synthetic aperture radar (SAR) equipment, and unmanned aerial vehicles (UAVs) to fully monitor maritime activities but also ferret out suspicious behaviour like piracy, bootleg shipments, and illegal fishing. This mixed-method approach--quantitatively and qualitatively——measures the efficiency of difficulties associated with, and legal implications behind aerospace-monitored maritime surveillance. The results show that remote sensing provides a great deal of sea-level situational awareness; however, there are also many complex technical, operational, and legal issues, including information overcrowding, complications in integration, privacy issues, as well as the need for worldwide legal harmonisation. It ends with recommendations on ways to ultimately increase capacity, how to write standard procedures for secondary development and proposals for revising laws to absorb these new technologies. Its goal, therefore, is to benefit the global anti-maritime crime effort. Ultimately, though, it dreams that we might construct an entirely marine environment where all marine activities are conducted both safely and freely, without fear.

Using the culture-work-health model, this study investigates the factors influencing the quality of life of maritime workers. This study conducted a survey of 320 maritime workers who have experience living and working on a ship for more than six months. This self-administered questionnaire included questions on organizational culture and support, self-efficacy, perceived fatigue, as well as the quality of work life. Organizational culture and self-efficacy were identified as factors affecting the quality of work life, while organizational support was found to have an indirect effect after passing through self-efficacy and perceived fatigue. The final model accounts for 63.1% of the variance in maritime workers’ quality of life. As such, this study shows that self-efficacy is important for the quality of life of maritime workers, having both direct and indirect effects. Moreover, organizational support may prove the primary intervention point for relieving perceived fatigue and enhancing self-efficacy, thus improving the quality of work life.

Oil floating on the sea surface can be detected by both passive and active methods using the ultraviolet-to-microwave spectrum, whereas oil immersed below the sea surface can signal its presence only in visible light. This paper presents an optical model of a sea area deeply polluted by an oil suspension (10 ppm) located in a layer (thickness 5 m) separated from the sea surface by a clear layer (thickness 1 m). The impact of wavelength and state of the sea surface on reflectance changes is shown based on the results of Monte Carlo ray tracing. A two-wavelength index of reflectance is proposed to detect oil suspended in the water column (645-469 nm).

Unmanned Underwater Vehicles (UUVs) are pivotal in ocean exploration, research, and various industrial activities such as marine mining and offshore engineering. However, traditional methods of navigating these vehicles face significant challenges, mainly due to the inefficacy of electromagnetic waves in water, leading to signal loss. To address these limitations, researchers are increasingly turned learning, an artificial intelligence technique capable of learning from data-enhancing underwater navigation, mainly through visual Simultaneous Localization and Mapping (SLAM). This paper explores integrating deep learning methodologies and sensor technologies to revolutionize underwater navigation for UUVs. Proprioceptive sensors, along with exteroceptive sensors, are crucial in accurately measuring and comprehending the underwater environment. Additionally, the paper provides detailed insights into the processes of underwater SLAM, camera-based underwater positioning systems, sonar systems for underwater navigation, and the utilization of Lidar in underwater navigation. Furthermore, it delves into applying deep learning techniques in underwater SLAM, offering a comprehensive understanding of the innovative processes driving advancements in underwater vehicle navigation. By leveraging these advancements, this research aims to improve underwater navigation systems' precision, reliability, and adaptability, thereby unlocking new frontiers in ocean exploration and industrial applications for UUVs.

Good governance in natural resource management (NRM) is one of the most challenging issues in developing countries that often inappropriately embedded in national policies and political agendas. It is, in fact, even more important for countries like Bangladesh with exceptionally high pressure and dependence on its natural resources for sustaining rural livelihoods. Globally, nowadays, good governance is considered as one of the key factor for achieving the goal of sustainable development and biodiversity conservation. Bangladesh, of late has responded to that global zeal by involving local communities in the management of country’s declining forest and other natural resources. The colonial legacy of the forestry sector of Bangladesh was planned and, managed as interim projects through donors’ prescriptions. Thus, institutions, management processes and conservation outcomes were problematic. The conventional approach adopted by colonial and post-colonial regimes for forest management also proved to be inefficient due to its top-down management system. The absolute dependency on donor support, and their prescription sometimes worsened the situation both ecologically and socially. Global, regional and local trends supported the need for a different dimension in the governance paradigms. The introduction of a pluralistic approach, known as co-management in protected areas (PAs) is an example of an attempt whereby shared governance mechanism are implemented to attain the desired goals of conservation that will also address the livelihoods and aspirations of communities living in and around PAs of the country. However, in designing future forest and PA regimes the concern of the external aid support and attached conditions remain a reality that needs to be addressed. Adequate attention should be given to our vanishing biodiversity, culture and community livelihoods through devising an appropriate governance mechanism recognizing and supporting local rights, access and participation in the environmental management. It is now time to mainstream the adhoc nature of governance according to our national conservation strategy and policy frameworks in order to achieve the goals and objectives of the Bangladesh NRM sector addressing the human and community right of people in the specific context of forest protected areas management.

This study examined local communities' perceptions of mangroves in coastal southeastern Cuba. A variety of methods were employed, including mixed and structured questionnaire surveys, interviews with key informants, and document reviews. Data were gathered from 334 respondents living in communities adjacent to four mangrove social-ecological systems (SESs). The analysis focused on five variables: community use of mangrove resources, ecosystem services, threats to the ecosystem, management activities, and social-ecological relationships. To qualitatively assess the influence of social-ecological relationships and governance, a matrix was created based on anthropogenic activities identified by respondents and their perceptions of ecosystem services. The results indicated that while local people recognize the uses and ecosystem services of mangroves, they do not rely on them for their livelihoods. They also showed moderate to full awareness of management responsibilities and activities at each site. The most commonly identified threats were climate change, drought, and deforestation. Three types of social-ecological relationships were identified based on the characteristics of the communities, their economic activities, and their impacts on the mangroves: urban-industrial, rural-agricultural, and rural-agricultural/tourism. Finally, the research proposed a set of five recommendations and eight associated indicators to ensure that mangrove management framework become more inclusive and participatory, thereby contributing to the articulation of mangrove SES governance in the southeastern region of Cuba.

This paper presents a scenario evolution model for maritime accidents using Bayesian networks (BN) to predict the most likely causes of specific types of maritime incidents. The BN nodes encompass accident type, life loss contingency, accident severity, the quarter and time period of the accident, and the type and gross tonnage of the ships involved. We analyzed 5,660 global maritime accidents from 2005 to 2020. Using Netica software, we constructed a Tree Augmented Network (TAN) model, accounting for interdependencies among risk influencing factors. We validated the results through sensitivity analysis and historical accident records. Forward causal inference and reverse diagnostic inference were then performed on each node variable to investigate the accident development trend and evolution process under predetermined conditions. The findings indicate that the model can effectively predict the likelihood of various accident scenarios under specific conditions, as well as the extrapolation of accident consequences. Forward causal reasoning reveals that general cargo ships with a gross tonnage of 1-18,500 t are most likely to experience collision, grounding, and stranding accidents in the first quarter. Reverse diagnostic reasoning indicates that during early morning hours, container ships, general cargo ships, and chemical ships with a tonnage of 1-18,500 t are less likely to involve life loss in the event of collision accidents.

Port state control inspections implemented under the Paris Memorandum of Understanding (MoU) have become known as one of the best instruments for maritime administrations in European Union (EU) Member States to ensure that the ships docked in their ports comply with all maritime safety requirements. This paper focuses on the analysis of all inspections made between 2013 and 2018 in the top ten EU ports incorporated in the Paris MoU (17,880 inspections). The methodology consists of a multivariate statistical information system (STATIS) analysis using the inspected ship’s characteristics as explanatory variables. The variables used describe both the inspected ships (classification society, flag, age and gross tonnage) and the inspection (type of inspection and number of deficiencies), yielding a dataset with more than 600,000 elements in the data matrix. The most important results are that the classifications obtained match the performance lists published annually by the Paris MoU and the classification societies. Therefore, the approach is a potentially valid classification method and would then be useful to maritime authorities as an additional indicator of a ship’s risk profile to decide inspection priorities and as a tool to measure the evolution in the risk profile of flag over time.

The use of fuel material and different sources of ignition causes unwanted fires, producing and spreading in different spaces. Fire fighting. systems are measures taken to minimize the effects of fire. This struggle is not only on land, but also in the maritime world, through maritime security that has become a very important element for the International Maritime Organization (IMO). Therefore, maritime accidents caused by fire are one of the challenges to be taken into account, because they require immediate control and response. This article presents a historical interpretation of the concept of maritime safety through first responders on ships. It will be demonstrate how the technological advances of such equipment have been very important for their arrival on ships. In addition, the article reveals the legislative changes of International Convention for the Safety of Life at Sea (SOLAS), which reflects the IMO requirements to prevent fire risks on board, requiring a reading of the primary documents. Finally, the importance of the evolution of first intervention equipment for safety on board has been shown.

Cambodia is a predominantly agrarian society, with a majority of the population residing in rural areas and relying on agriculture for food and income. The primary sources of food for the Khmer society are rice and fish. However, the country faces vulnerabilities due to climate change, natural disasters, impacts of hydropower and infrastructure development, and land grabs, which disrupt food sources and the livelihoods of local communities. Since 2015, the Royal Government of Cambodia (RGC) has been actively promoting rice production for export, resulting in increased rice farming seasons and annual rice production. Despite these efforts, a significant portion of the population still experiences food insecurity. Therefore, this study aims to explore the reasons why food security issues persist despite the government program to increase rice production. The study involves a review of existing literature and an examination of food security in three provinces in the Cambodian Mekong Delta. It concludes that, on the one hand, the increased rice production has increased food availability, but access to and utilization of food have been challenged by indebtedness, increased cost of production and migration, and on the other hand, the rights to foods have been challenged by land crabs, water conflicts, and lack of sectoral integrations of food systems; and compounded by climate change and environmental degradation, which all contribute to food security.

Urban tourism has witnessed significant growth in recent years, driven by various factors that foster the transformation of urban areas into tourist hotspots. These factors include a rising interest in culture and heritage, ongoing urban redevelopment and conversion processes, and the introduction of new experiences and activities. Two particularly influential factors contributing to this growth are low-cost travel, which facilitates more accessible access to urban destinations, and the emergence of new types of accommodation, such as short-term rental (also known as local accommodation or Airbnb-type accommodation). This sudden and continuous growth of this type of tourist accommodation brings new challenges to cities and local communities. On the positive side, it contributes to job opportunities, the dynamism of the local economy, and urban revitalization. On the other hand, it also represents more difficulty in retaining the local population in city centers, as more and more buildings are converted into hostels and tourist apartments. In this context, it becomes essential to conduct studies evaluating the impacts of these dynamics in urban areas and how they influence residents' and visitors' perspectives. Therefore, this study aims to identify the main transformations resulting from short-term rental (STR) development, focusing on the impacts felt by tourists and residents in Porto. A questionnaire was distributed to tourists and residents in Porto's city center in June 2023. The results reveal differences in opinions between tourists and residents, particularly concerning historical heritage preservation, local population relocation, and reduced housing availability for residents. Nevertheless, there is a similarity in their opinions regarding the stimulus that local accommodation brings to the economy and the rehabilitation of buildings and urban areas. This study reinforces the need to pay more attention to the future development of tourist accommodation in city centers, especially regarding local policies and territorial planning, to balance better tourism development and local communities' quality of life.

This paper investigates the impact of price and real exchange rate volatility on Foreign Direct Investment (FDI) inflows in a panel of 10 Latin American and Caribbean countries, observed between 1990 and 2012. Both price and exchange rate volatility series are estimated through the Generalized Autoregressive Conditional Heteroscedasticity model (GARCH). Our results, obtained employing the Fixed Effects estimator, confirm the theory of hysteresis and option value, in so far it is found a statistically significant negative effect of exchange rate volatility on FDI. Price volatility, instead, turns out to be positive but insignificant. Moreover, we show that human capital and trade openness are key for attracting foreign capital. From the policy perspective, our analysis suggests the importance of stabilization policies as well as the one of government credibility in promoting trade openness and human capital formation.

The maritime industry contributes to over 80% of global trade and ranks as the sixth-largest emitter of greenhouse gases. The International Maritime Organization has taken strides to reduce these emissions, while the European Union spearheads efforts to establish sustainable maritime transport. However, meeting decarbonisation targets poses significant challenges, with the potential implications of adopting an EU Emission Trading System (ETS) on shipping allowances, particularly at specific borders. If not managed effectively, this could result in diversifying regular container shipping routes away from EU ports, potentially leading to increased shipping emissions and disrupting the logistics trade and security chain. These challenges are exacerbated by the International Maritime Organization's lack of a carbon fee on bunkering, which creates an imbalance. The ETS Directive has fostered unfair competition between EU and non-EU ports due to discrepancies in applying emission unit allowances. It is imperative to implement preventive measures to contain and prevent the shift of operations from EU ports to nearby ports, ensure equitable treatment of EU transhipment ports and their competitors, and thwart carbon leakage. Additionally, the recent Houthis attacks on the Red Sea have significantly impacted shipping costs on the Cape of Good Hope route to Europe, necessitating increased allowances to and from Europe.

Alzheimer’s is a degenerative brain condition brought on by intricate brain changes after cell injury. The prevalence of Alzheimer’s disease is highest in those over 65. Presently, AD is detected by manual examination of a patient’s Magnetic Resonance Imaging (MRI) scan and neuropsychological assessments. Due to its subpar accuracy and performance, solutions based on artificial intelligence (AI) have not been made more widely available. This paper proposes a deep Convolutional Neural Network (CNN) with the pre-trained MobileNet-V2 architecture as the model’s base for feature extraction and reducing the parameter size and training time. The proposed model accurately classifies various early stages of AD. The proposed approach visualizes the class activation maps in the form of a heat map on brain MRI scans via the Grad-CAM algorithm that lifts the black-box nature of the deep model. To handle the imbalance problem of the AD data set acquired from Kaggle, the oversampling algorithm SMOTE interpolates new images to even the class samples. The proposed multi-class classification deep model is named Bio-AD and evaluated using different quality metrics. The Bio-AD model has the following values for evaluation metrics: 97.92%, 99.87%, 97.87%, 98%, 98%, and 0.0646 for accuracy, Area Under the Curve (AUC), F1-score, Precision, Recall, and loss respectively. The proposed Bio-AD model is compared with DenseNet-169, VGG-19, and InceptionResNet-V2 using different quality metrics and outperformed in comparison with all other models using the AD data set.

The purpose of this paper is to examine the role and impact of public governance on European supranational public policies that seek to foster scientific and economic growth within innovation ecosystems (IEs) through the PITCCH initiative. The PITCCH is a European innovation development initiative funded by Horizon 2020 under the 'Innovation in SMEs' measure.The research methodology for this study is based on a 10-month real-time ethnographic field study of the PITCCH project, which allowed for the observation of the project governance and the capture of the perspectives of innovation-driven small and medium enterprises (i-SMEs) in their engagement with IE stakeholders.The findings of this research demonstrate the role of public governance in providing result-oriented practical support to the IE through the lens of i-SMEs, and they contribute to the existing literature on regional economic growth supported by supranational public policies. These findings have both academic and practical applications. They enrich the current literature on this topic and provide insights for policymakers and governing representatives seeking to implement effective public policies.

This study explores how the Household Dietary Diversity Score (HDDS) and spatial visualization can inform food governance in Chile, focusing on socio-demographic and geographical determinants affecting food consumption patterns. A national household database (n=4,407) provided by the “Family Support Program of Food Self-Sufficiency” (FSPFS) of the Ministry of Social Development and Family was analyzed. The findings revealed that Chilean vulnerable households were led mostly by women (86.6%), with an age average of 55.9 15.6 years old, versus 68.9 12.9 years in the case of men. The intake frequency analysis showed that dairy, fruits, and vegetables were below the recommended values in at least half of the households, and that fats and sugars were above recommended levels. Regarding the HDDS [0-189], the national average was of 91.4 ± 20.6 and was significantly influenced by the number of minors in the households, water access, food access issues, and residing in the Zona Sur. Finally, the spatial visualization showed that the Zona Central had higher consumption of fruits and vegetables, while the extreme zones Norte Grande and Zona Austral showed higher intakes of fats and sugars. These findings emphasize the importance of leveraging data insights like HDDS and spatial visualization to enhance food security and inform food governance strategies.

In the extensive monitoring of maritime traffic, maritime management frequently encounters incomplete automatic identification system (AIS) data, particularly in critical static fields like vessel types. This shortfall presents substantial challenges in safety management, necessitating robust methods for data completion. Distinct from road traffic, where road width imposes constraints, maritime vessels of identical classifications often choose significantly divergent routes, deviating by several nautical miles. Sole dependence on trajectory clustering is insufficient. Addressing this issue, we segments the maritime area into spatiotemporal grids, transforming vessel paths into sequences of grid encodings. Utilizing natural language processing techniques, we integrate the Word2vec word embedding approach with our novel biLSTM self-attention chunk-max pooling net (biSAMNet) model, enhancing the classification of vessel trajectories. This method is crucial for determining static details like vessel types. Employing the Taiwan Strait as a case study and benchmarking against CNN, RNN, and methods based on the attention mechanism, our findings underscore our model’s superiority. The biSAMNet achieves an impressive vessel classification F1 score of 0.94, using only 5-dimensional word embeddings, highlighting the effectiveness of Word2vec pre-trained embedding layers. This research introduces a novel paradigm for processing vessel trajectory data, greatly enhancing the accuracy of filling in incomplete vessel type details.

Changes in crude oil price affect the shipping freight market in three different channels. This study explores the dependence structure between oil prices and maritime freight rates to identify the strongest channel. Therefore, it investigates the relationship between oil prices and three major maritime freight rates; the Baltic Dry Index (BDI), the Baltic Dirty Tanker Index (BDTI), and the Baltic Clean Tanker Index (BCTI). We employ the decomposition method, not studied in the existing literature. The copula approach identifies the time-varying effects and asymmetry in the tail dependence structure between oil prices and freight rates. The main results of this analysis are as follows. The decomposed components display different conditional dependence patterns, and asymmetry is revealed in the upper and lower tail dependence. In the long run, we find more dependence in extreme periods like the financial crises. In short-run fluctuations, we find the dependence increases in an economic boom. The implications of the results suggest that dependence can vary over time and may change depending on extreme events, implying that the complementary strategies of the long run and short run should be different.

In today's world, wherein more than 80% of world trade is carried out by maritime routes, the safety and security of the seas where this trade takes place is of vast importance for nations and the in-ternational community. For this reason, ensuring the sustainable safety and security of the seas has become an integral part of the mission of all maritime-related entities. The utilization of big data extracted from the seas and maritime activities into meaningful information with artificial intelli-gence applications and developing applications that can be used in maritime surveillance will be of great importance for augmenting maritime safety and security. In this article, data sources which can be used by a maritime surveillance system based on big data and artificial intelligence tech-nologies and which can be established around sensitive sea areas and critical coastal facilities, are identified and a model proposal using this maritime big data is put forward.

During public health events, Active Mobility (walking and cycling) plays an important role in securing residents' travel. To enhance the resilience of urban transportation, this article integrates the travel environment elements for walking and cycling and constructs a travel environment for Active Mobility evaluation index system. This article uses survey data from the main urban area of Harbin in the context of the COVID-19 pandemic in May 2022, and combines the Gradient Boosting Decision Tree (GBDT) and Impact-Asymmetry Analysis (IAA) methods to analyze the satisfaction of the travel environment for Active Mobility. It proposes strategies for optimizing the travel environment for Active Mobility, ensuring residents' travel during public health events, guiding them to adopt Active Mobility, and improving urban transportation resilience. This research shows that Active Mobility can enhance urban transportation resilience. In addition, there are differences in resident demand for walking and cycling environments in the travel environment for Active Mobility. Residents are more concerned about the comfort of the walking environment, while they prioritize the convenience of the cycling environment.

Crisis environments, which are becoming systemic, pose significant challenges to smart government strategies. The paper aims to contribute to academic debate by proposing an analytical framework for examining the institutional capacities of smart government systems in addressing local crises. The paper focuses on the recent approach of robust governance and highlights a set of variables that promote effective smart government: contingency planning capacity, analytical capacity, organizational management capacity, and collaborative capacity. The study presents an analytical model for evaluating the robustness and effectiveness of local smart government systems in crises. One of the significant findings of this study has been the identification of critical indicators that inform institutional capacities of smart government systems. By analyzing these indicators, the proposed analytical framework provides a comprehensive approach to assess the preparedness of smart government systems in dealing with crises. Moreover, it can be used to benchmark the performance of local smart government systems in similar contexts and identify best practices for improving crisis management.

Generative AI has been deployed in virtually all sectors of the knowledge economy, promising to bring massive productivity gains and new wealth creation. Simultaneously, AI developers and nation states are racing to develop super intelligent artificial general intelligence (AGI) to provide unassailable commercial competitive advantage and military dominance during conflicts. AGI’s high returns comes with the high risk of dominating humanity. Current regulatory and firm level governance approaches prioritise minimising risks posed by generative AI whilst ignoring AGI’s existential risk. How can AGI be aligned with universal human values to never threaten humanity? What AGI rights are conducive to collaborative coexistence? How can rule of law democracies race to create safe trustworthy AGI before autocracies? How can the human right to work and think independently be safeguarded? A polycentric governance framework based on Ostrom (2009) and Williamson (2009) human - AGI collaboration with minimal existential risk is proposed.

Analytical data platform have been used for decades for improving the organizational performance. Starting from the data warehouses used primarily for structured data processing, through the data lakes oriented for raw data storage and post-hoc data analyses, to the data lakehouses − a combination of raw storage and business intelligence pre-processing for improving the platform efficacy. But in recent years a new architecture called Data Mesh has emerged. The main promise of this architecture is to remove the barriers between operational and analytical teams in order to boost the overall value extraction from the big data. A number of attempts has been made to formalise and to implement it in existing projects. Although being defined as a socio-technical paradigm, data mesh still lacks the technology support for enabling its widespread adoption. To overcome this limitation, we propose a new view of the platform requirements alongside the formal governance definition that we believe can help in successful adoption of the data mesh. It is based on fundamental aspects such as decentralized data domains and federated computational governance. In addition, we also present a blockchain-based implementation of a mesh platform as a practical validation to our theoretical proposal. Overall, this article demonstrates a novel research direction of the information system decentralization technologies.

In the present paper some questions related with energy global governance are dis-cussed. These questions are viewed as a part of the broader problematics of globalization. Due to the very complex nature of this problematics the role of philosophy – in particular analytical and science-based philosophy – is emphasized. We underscore the importance of philosophy for the developing global consciousness and – indirectly – for the development of global society.

This paper investigates women’s empowerment and their active involvement in governance aimed at promoting sustainable development. The study focuses on examining the roles and processes of co-creation of nature-based solutions (NBS) for water management in Milan. Three research directions were explored: 1) to determine gender-based roles within local governance; 2) to detect semantic groups of NBS based on stakeholders' gender; c) to analyze gender-based linguistic and conceptual patterns of NBS. To achieve our objectives, we converted a sample of audio-video interviews of local stakeholders into textual data along with metadata indicating speakers' roles and gender. Descriptive statistics were applied to explore the governance's roles. We employed a combination of textual analysis and network analysis to identify thematic groups of NBS, and applied a word embedding approach to uncover linguistic patterns indicative of semantic sub-structures. The findings revealed significant demographic diversity. Male stakeholders perceive sustainable development as a process driven by the circular economy and the coordination of territorial authorities, while female stakeholders envision a transformative approach rooted in science, culture, and collaboration. The semantic sub-structure analysis highlighted a tendency among male governance to emphasize specialized skills, whereas female governance placed greater emphasis on problem definition rather than resolution.

The RSA cryptosystem has long been a fundamental component of contemporary public key in- frastructure. However, recent developments in quantum computing and mathematical theory have introduced signicant challenges to its security. A fully operational quantum computer would allow for the application of Shor's algorithm, enabling the ecient factoring of large integers, thereby com- promising the integrity of RSA and other cryptographic methods dependent on discrete logarithms. Although Grover's algorithm poses a comparatively smaller threat to symmetric encryption systems, it still presents a vulnerability by accelerating key search processes. The looming threat from quan- tum technologies has driven a surge in research aimed at developing quantum-resistant cryptography. These eorts focus on cryptographic techniques grounded in error-correcting codes, lattice structures, and multivariate public key systems, all of which leverage the complexity of NP-hard problemssuch as solving multivariate quadratic equationsto preserve security in a post-quantum world. This pa- per reviews the current progress in quantum-resistant encryption methods, particularly emphasizing the role of robust trapdoor functions. Additionally, it provides a comprehensive analysis of critical multivariate cryptosystem frameworks, such as Matsumoto-Imai, Oil and Vinegar, and Polly Cracker schemes. It also examines advances in lattice-based systems like Kyber and Crystals-Dilithium, which are undergoing assessment by NIST for potential standardization. As quantum computing continues to evolve, the demand for cutting-edge cryptographic solutions to safeguard digital communications grows increasingly pressing.

The maritime sector, grapples with environmental challenges, but the adoption of "cold ironing" emerges as a promising solution, signifying a shift toward sustainability by providing energy to ships at port, reducing reliance on fossil fuels, and significantly lowering emissions, contributing to global climate change efforts. This transition towards renewable energy is especially crucial for islands like Lesvos, addressing challenges of high energy costs and environmental degradation resulting from reliance on imported fossil fuels, highlighting the potential for positive economic and environmental impacts. The existing literature highlights a research gap in the development of Renewable Energy Sources (RES) to support cold ironing operations, specifically due to the absence of specific data for the power demand needed in such operations and the lack of monitoring data for accurate calculations. This study's primary objective is to utilize real monitoring data from the port of Lesvos to evaluate the power demand for a potential cold ironing application. Additionally, the study aims to analyze the implementation of a wind power park to meet the energy needs of an electric port and evaluate the potential reduction in CO2 emissions. The database of Marine Traffic S.A. was utilized, while the determination of the energy used in-port per ship depended on factors such as the number of arrivals, the duration of hoteling, and the type of engine used by the ships. In addition, the software RETSCREEN was used for the energy analysis of a simulated 20 MW wind park that can support the in-port operations. The combined monthly energy demand for both main and auxiliary engines of shipping vessels at Mytilini port was assessed to be 6118 MWh and averaging a power demand equaled to 8.2 MW. The simulation analysis indicates that the annual electricity delivered to the port can be72080 MWh, with a significant portion remaining unused and exported to the grid, amounting to 14956 MWh annually. Due to demand fluctuations, in-port activities require an additional 924 MWh from the main electrical grid, which highlights the importance of additional measures like energy storage and demand-response practices for the gradual transition to 100% Renewable Energy Sources (RES) operations.

Understanding aspects of maritime/underwater cultural heritage (MUCH) and the associated cultural values and integrating them into maritime spatial planning (MSP) endeavors, is a new global challenge, alongside the rapid increase of human activities at sea and climate change impacts on the seas and the oceans. The article highlights the significance of cultural values in shaping human interactions with the marine environments, and how MSP can address the cultural dimensions of marine resources management. To this end, a systematic literature review was carried out to address the research question on how maritime/underwater cultural heritage is incorporated into MSP and map relevant academic literature. Following, a methodology that entailed an academic database search and the application of exclusion criteria, 346 articles resulted from Scopus. These articles were classified using science mapping techniques (i.e the VOSviewer Software ) and several categories (clusters) were created. The research showed a diversity of literature addressing the relationship between MUCH and MSP with a strong focus on sustainability, the significance of cultural ecosystem services (CES) and cultural values, the role of indigenous and local communities, but also of local stakeholders, the transfer of traditional knowledge to MSP and the participatory approaches and tools. The article concludes that for MSPlans to be innovative and acceptable by local communities, the “missing layer”of socio-cultural values and data is indispensable. In the MSP process, MUCH should be understood within this broader framework of socio-cultural considerations and values.

Understanding and evaluating urban investment environment is essential for effectively improving the efficiency of resource allocation between cities and promoting overall development of the regional economy. This paper takes 15 node cities on maritime Silk Road covered by the “Belt and Road” as the research object, establishes a dynamic evaluation index system for investment environment, and uses projection pursuit cluster to analyze and evaluate the investment environment of the cities. It is found that the investment environment potential of a city is directly related to the level of social development, economic development, and the degree of opening to the outside world. It is recommended that node cities should seize the important opportunity of the construction of the Maritime Silk Road, introduce world-wide human, financial and material resources to promote regional resources allocation and flow, and continuously improve and upgrade the investment environment quality.

Maritime ports represent an important ecosystem for pollutant emissions and, taking into account the ongoing energy transition, need to adopt new solutions to mitigate current emission levels. These emissions are partially avoidable if ships and vessels docked at the port use electric energy to feed their internal power needs instead of using their internal combustion engines. In Europe, there is an ongoing discussion on including such emissions in the European Emissions Trading System which will represent added costs for maritime operators. Onshore Power Supply systems can contribute to the ongoing energy transition by allowing the use of electric power to feed docked ships. As a first step to contribute to the development of Onshore Power Supply solutions, it is necessary to evaluate the added power needs that these systems would represent for the port. This paper presents a methodology that allows port operators to verify, straightforwardly and transparently, their power needs for Onshore Power Supply applications. The methodology is based on the historical data of docked ships at the port or quay level and provides an energy analysis of each type of vessel to determine the power to be installed at the port so that it is possible to supply energy to different types of ships and vessels simultaneously. Additionally, the implemented methodology provides economic and technical decision support factors by comparing the fuel costs with electric power costs, assessing the potential for this transition to Onshore Power Supply. The methodology is validated using a real case study for the port of Lisbon and obtained results demonstrate the potential for the installation of Onshore Power Supply in medium to large-dimension maritime ports.

Maritime transport has become very important due to its ability to internationally unite all continents. In turn, during the last two years, we have observed that the increase of consumer goods has resulted in global shipping deadlocks. In addition, the future goes through the role of ports and efficiency in maritime transport, with the aim of decarbonizing its impact on the environment. In order to improve the economy and people's lives, in this work, we propose to enhance services offered in maritime logistics. To do this, a communications system is designed on the deck of ships to transmit data through a constellation of satellites using interconnected smart devices based on IoT. Among the services, we highlight the monitoring and tracking of refrigerated containers, the transmission of geolocation data from GPS, and security through AIS. This information will be used for a fleet of ships to make better decisions and help guarantee the status of the cargo, as well as maritime safety on the routes. The system design, network dimensioning, and a communications protocol for decision-making will be presented.

The objective of this study was to identify the factors determining a company’s corporate governance related to climate change. We analyzed the effect of various sustainability corporate governance variables on the disclosure level of climate change governance. These variables included facts such as having a dedicated sustainability executive and board committee, the mediating effect of female representation on the board of directors, number of reporting years according to TCFD, membership in a sustainability index, MSCI ESG rating, the existence of a corporate climate transition plan, a mention of the UN Global Compact and GRI, company location, as well as company size and profitability. By adopting a multi-theoretical framework that included stakeholder theory as well the legitimacy and agency theory, the underlying research study used a sample of 100 of the largest global companies by market capitalization and their reporting for the year 2020. Based on 1,400 observations for fiscal year 2020 and using correlation analysis, univariate and linear multiple regressions, we find a positive association between having a climate transition plan in place, being a leader in sustainability according to MSCI ratings, and being a DJSI constituent and the propensity to disclose information on governance for climate change. In addition, we find a company with a dedicated sustainability executive show an increased tendency to be transparent on climate governance issues. Furthermore, having a company location in a developed country is significantly and positively associated with climate change governance. Surprisingly, gender diversity in the corporate board or having a sustainability board committee did not show any significant correlation between a higher climate change governance level. The same was true for companies being active in either the extractive or non-extractive sector. Companies referring to the Global Reporting Initiative (GRI) or UN Global Compact also did not score higher in climate change governance. Neither did corporate profitability or size play a significant role. Our results are robust to variations and provide valuable insights for researchers, academics, executives, practitioners as well as regulators. As more and more companies are shifting towards a climate change reporting framework, it is of paramount importance that we are able to determine the contributing variables that lead to effective climate change corporate governance. Our results are inconsistent with stakeholder theory and are strongly suggesting that a diversified board and the existence of a sustainability committee that meets often/sufficiently may not necessarily lead to a higher level of transparency/quality regarding climate change. While more research is needed, knowing that a dedicated sustainability executive as well as having a climate plan in place can make a difference in climate change reporting, can be very beneficial to many corporate stakeholders. Given the current urgent climate change situation and the crucial role that corporation play in it, dedicated sustainability positions and committees need to be established. The findings could be useful for managers as well as governmental standards setter and regulators who are interested in improving corporate practices dealing with climate change. This study applies STATA software with various regression models to empirically test the relationship between CG and other variables and corporate climate change reporting.

In recent years, Nigeria is witnessing increasing frequency of flood occurrence with devastating impact translating into significant loss of lives (in Nigeria, over 300 people died in September 2022) and properties. Addressing flood disaster requires holistic approach from policy and governance perspectives, integration of policies and programs and synergies between institutions. Using synergies and eliminating trade-offs, flood governance and policy coherence integrate all relevant policy fields and institutions to achieve common policy outcomes. The objective of this study is to examine and understand how flood governance and policy coherence are approached, as well as institutional design and implementation for coherence in Nigeria. The findings revealed that there is no single flood policy in Nigeria. Due to this, there is no focus and no defined objectives for flood governance, prevention, control, and management, and no imperative for the government to seek both short-term and long-term flood solutions. There is no synergy and coordination among institutions for flood governance in the country. Since the country established the federal ministry of environment in 1999, the environment, floods, and climate-related hazards were given less priority. State and local governments handle most flood disasters and emergencies. Federal assistance is provided, however, when flood disasters exceed the capabilities of local and state governments. This study recommends that across the country, flood policy needs to be designed, formulated, and implemented while assigning governance responsibility and decentralizing policy to state and local governments.

The objective of this study is to determine the type of governance of the four main agricultural value chains in Tamaulipas, northeast of Mexico. For the preparation of this research used a qualitative design, using a questionnaire and semi-structured interviews to a sample of representatives of the four selected chains. The results showed that in all the studied networks, control and coordination capacity is limited by the influence that has a link on the rest of the chain. In all cases, was that the industrial link is who leads the chains and exert control over the rest of the links. The results showed that, when the industrial link is located close geographically to the rest of the links (chains of rice and sugar cane), the chains showed a hierarchical type, where the industrial exercised dominion over the rest of the links and captures most of the income. On the other hand, in chains where control is exercised by links that are outside the territory (chains of soybeans and sorghum), they function as captive chains, putting the rest of the chain to its influence and control.

In various domains such as energy, manufacturing, and maritime, cyber-physical systems (CPS) have seen increased interest. Both academia and industry have focused on the cybersecurity aspects of such systems. The assessment of cyber risks in CPS is a popular research area with many existing approaches that aim to suggest relevant methods and practices. However, few works have addressed the extensive and objective evaluation of the proposed approaches. In this paper, a standard-aligned evaluation methodology is presented and empirically conducted to evaluate a newly proposed cyber risk assessment approach for CPS. The approach, which is called FMECA-ATT&CK is based on Failure Mode, Effects & Criticality Analysis (FMECA) risk assessment process and enriched with the semantics and encoded knowledge in the Adversarial Tactics, Techniques, and Common Knowledge framework (ATT&CK). Several experts were involved in conducting two risk assessment processes, FMECA-ATT\&CK and Bow-Tie, against two use cases in different application domains, particularly an autonomous passenger ship (APS) as a maritime use case and a digital substation as an energy use case. This allows for the evaluation of the approach based on a group of characteristics, namely, applicability, feasibility, accuracy, comprehensiveness, adaptability, scalability, and usability. The results highlight the positive utility of FMECA-ATT&CK in model-based, design-level, and component-level cyber risk assessment of CPS with several identified directions for improvements. Moreover, the standard-aligned evaluation method and the evaluation characteristics have been demonstrated as enablers for the thorough evaluation of cyber risk assessment methods.

The aim of this paper is to apply a new lane separation methodology for the maritime sector emissions attributed to the different vessel types and marine traffic loads in the Mediterranean and the Black Sea defined via the European Marine and Observation Data network (EMODnet), developed in 2016. This methodology is implemented for the first time on the Copernicus Atmospheric Monitoring Service Global Shipping (CAMS-GLOB-SHIP v2.1) nitrogen dioxide (NOX) emissions inventory, on the Sentinel-5 Precursor TROPOspheric Monitoring Instrument (TROPOMI) nitrogen dioxide (NO2) tropospheric vertical column densities and on the LOTOS-EUROS (LOng Term Ozone Simulation – EURopean Operational Smog) chemical transport model simulations. By applying this new, EMODnet-based lane separation method to the CAMS-GLOB-SHIP v2.1 emission inventory, we find that cargo and tanker vessels account for approximately 80% of the total emissions in the Mediterranean, followed by fishing, passenger, and other vessel emissions with contributions of 8%, 7% and 5%, respectively. Tropospheric NO2 vertical column densities sensed by TROPOMI for 2019 and simulated by the LOTOS-EUROS CTM have been successfully attributed to the major vessel activities in the Mediterranean; the mean annual NO2 load of the observations and the simulations reported for the entire maritime EMODnet-reported fleet of the Mediterranean is in satisfactory agreement, 1.26 ± 0.56x1015 molecules cm-2 and 0.98 ± 0.41x1015 molecules cm-2, respectively. The spatial correlation of the annual maritime NO2 loads of all vessel types between observation and simulation ranges between 0.93 and 0.98. On seasonal basis, both observations and simulations show a common variability. The winter-time comparisons are in excellent agreement for the highest emitting sector, cargo vessels, with the observations reporting a mean load of 0.98 ± 0.54 and the simulations of 0.81 ± 0.45x1015 molecules cm-2 and correlation of 0.88. Similarly, the passenger sector reports 0.45 ± 0.49 and 0.39 ± 0.45x1015 molecules cm-2 respectively, with correlation of 0.95. In summertime, the simulations report a higher decrease in modelled tropospheric columns than the observations, however still resulting in a high correlation between 0.85 and 0.94 for all sectors. These encouraging findings will permit us to proceed with creating a top-down inventory for NOx shipping emissions using S5P/TROPOMI satellite observations and a data assimilation technique based on the LOTOS-EUROS chemical transport model.

The use of digital twins for the development of Autonomous Maritime Surface Vessels (AMSVs) has enormous potential to resolve the increasing need for water-based navigation and safety at the seas. Aiming at the problem of lack of broad and integrated digital twin implementations with live data along with the absence of a digital twin-driven framework for AMSV design and development, an application framework for the development of a fully autonomous vessel using an integrated digital twin in a 3D simulation environment has been presented. Our framework has four layers to ensure that the simulation and the real-world boat as well as the environment are as close as possible. Åboat, an experimental research platform for maritime automation and autonomous surface ship applications, equipped with two trolling electric motors, cameras, LiDARs, IMU and GPS has been used as the case study to provide a proof of concept. Åboat and its sensors, alongwith the environment have been replicated in a 3D simulation environment. Using the proposed application framework, we develop obstacle detection and path planning systems based on machine learning which leverage live data from a 3D simulation environment to mirror the complex dynamics of the real world.

All infections are potentially curable as long as the etiological agents are susceptible to antimicrobials. The increased rate at which antimicrobials are becoming ineffective is a global health risk of increasing concern that threatens withdrawal of beneficial antimicrobials for disease control. Increased demand for food of animal origin, in particular eggs, meat and milk has led to intensification and commercial production systems where excessive use and misuse of antimicrobials may prevail. Antimicrobials, handled and used by farmers and animal attendants with no formal education may predispose to incorrect dosages, misuse, incorrect applications and non-adherence to withdrawal periods. A multimethod approach (desk review, field study and interviews) was used. Relevant establishments were also visited. High levels of resistance to penicillin G, chloramphenicol, streptomycin and oxytetracycline have been reported especially for Actinobacter pyogenes, Staphylococcus hyicus, Staphylococcus intermedius and Staphylococcus aureus from dairy cattle with mastitis and in humans. Similar trends were found in poultry where eggs and meat are contaminated with Escherichia coli strains resistant to amoxicillin + clavulanate, sulphamethoxazole and neomycin. An increasing trend of emerging multidrug resistant E. coli, Klebsiella pneumoniae, Staphylococcus aureus, and Salmonella was also found in food animals. An in-crease in methicillin resistant Staphlococcus aureus (MRSA) and extended-spectrum beta-lactamase (ESBL) in the livestock sector in Tanzania have been reported. Specific antimicrobials resistant to were ampicillin, augmentin, gentamicin, cotrimoxazole, tetracycline, amoxicillin, ampicillin, gentamicin, streptomycin, erythromycin, tetracycline, ciprofloxacin, nalidixic acid, azithromycin, chloramphenicol, tylosin, erythromycin, cefuroxime, norfloxacin and ciprofloxacin. An in-creased usage of antimicrobials for prophylaxis, anaphylaxis and therapeutics against pathogens and for growth promotion in livestock, aquaculture and crops production were observed. One Health strategic approach is advocated to combat AMR in the food and agriculture sectors in Tanzania. Practical recommendations include a) legislation review and implementation, b) AMU, AMR and AR awareness and advocacy among stakeholders along the value chain, c) strengthening of surveillance and monitoring programs for AMU, AMR and AR, d) enhance development and use of rapid and innovative diagnostic tests and promotion biosecurity principles and e) good husbandry practices. The utilization of this information to improve public health policies and reduce the burden of AMR will be beneficial.

This work investigates the stability conditions for linear systems with time-varying delays via augmented Lyapunov-Krasovskii functional(LKF). Two types of augmented LKFs with cross terms in integral are suggested to improve the stability conditions for interval time-varying linear systems. Through this work, the compositions of the LKFs are considered to enhance the feasible region of stability criterion for linear systems. Mathematical tools such as Wirtinger-based integral inequality(WBII), zero equalities, reciprocally convex approach, and Finsler’s lemma are utilized to solve the problem of stability criteria. Two sufficient conditions are derived to guarantee the asymptotic stability of the systems using linear matrix inequality(LMI). First, asymptotic stability criteria are induced by constructing the new augmented LKFs in Theorem 1. And then simplified LKFs in Corollary 1 are proposed to show the effectiveness of Theorem 1. Second, asymmetric LKFs are shown to reduce the conservatism and the number of decision variables in Theorem 2. Finally, the advantages of the proposed criteria are verified by comparing maximum delay bounds in two examples. Two numerical examples show that the proposed Theorem 1 and 2 obtained less conservative results than existing outcomes. Also, Example 2 shows that the asymmetric LKF methods of Theorem 2 can provide larger delay bounds and fewer decision variables than Theorem 1’s in some specific systems.

Artificial General Intelligence (AGI) represents a pivotal advancement in AI with far- reaching implications across technological, ethical, and societal domains. This paper addresses the following: (1) an in-depth assessment of AGI’s transformative potential across different sectors and its multifaceted implications, including significant financial impacts like workforce disruption, income inequality, productivity gains, and potential systemic risks; (2) an examination of critical ethical considerations, including transparency and accountability, complex ethical dilemmas and societal impact; (3) a detailed analysis of privacy, legal and policy implications, particularly in intellectual property and liability, and (4) a proposed governance framework to ensure responsible AGI development and deployment. Additionally, the paper explores and addresses AGI's political implications, including national security and potential misuse. By analyzing and considering computer science, philosophy, economics, and policy perspectives, we offer a multidisciplinary view of AGI’s challenges and opportunities, advocating for proactive measures to align AGI development with human values and societal interests.

Increasingly, firms are expected to implement ESG (Environment, Social, and Governance) mandates to appeal to the global market. However, this requires overcoming practical challenges and capitalizing on emerging opportunities. This paper conducts an in-depth analysis of the ESG practices of leading Korean global firms. The study selects five firms for case studies representing industries such as electronics, automotive, steelmaking, and chemicals. It examines ESG reports, performance indicators, and corporate disclosures of these firms. The analysis reveals the adoption of industry-specific ESG strategies, highlighting how these firms tailor their approaches to address unique industry challenges while aligning with global sustainability trends. Key findings include a strong emphasis on innovative solutions to ESG challenges, the integration of ESG into core business operations, and a balanced approach to economic, social, and environmental responsibilities. This study contributes to a broader understanding of how ESG practices are implemented in various industrial contexts, particularly in the dynamic and evolving landscape of Korean global businesses. It offers valuable insights and benchmarks for global companies, underlining the importance of contextualized and industry-specific ESG strategies in achieving sustainable and ethical business practices

The growing concern about climate change and global warming has driven greater involvement of international organizations, countries, companies, and society in general in acting and ensur-ing the life of our planet and the sustainability of future generations. Sustainability and finance are two concepts that are intertwined through sustainable finance, serving as an instrument that guides financial resources towards achieving sustainable development. Sustainability allows companies to identify risks and opportunities, being responsible for measuring their social, envi-ronmental, and economic impact under a multi-stakeholder approach. One of the three main cri-teria of sustainability is corporate governance, and the main corporate governance body is the board of directors, where the composition of the board and its supervision and monitoring func-tions improve the ESG performance. A relevant aspect within the board of directors is the ade-quate balance of gender diversity on the board, becoming an aspect regulated by laws and cor-porate governance code. This article develops the main concepts related to sustainability, sus-tainable finance and corporate governance describing the current situation of these topics and their relationship, creating a conceptual framework that allows identifying topics necessary for further empirical research and the implication of regulation in the scope of ESG issues.

Disasters such as the 2015-2018 drought in South Africa usually negatively impact agricultural water, especially in smallholder farming systems. This study assessed the availability of irrigation water, performance of irrigation infrastructure, and water governance systems in Genadendal, Western Cape, with a focus on smallholder farmers. Data for streamflow, dam levels, and rainfall were acquired from water institutions and analysed using Microsoft Excel. The performance of the infrastructure and water governance were assessed based on the perceptions of smallholder farmers and key informants. A questionnaire was administered to eight smallholder farmers, followed by a focus group discussion with 15 smallholder farmers. Interviews were conducted with eight key informants who worked in water-related institutions. Qualitative data from the interviews were analysed using thematic content analysis. The study showed adequate agricultural water resources during the 2015-2018 drought period for the smallholder farmers who relied on water from dams. However, smallholder farmers who relied on the Riviersonderend River experienced severe water shortages during the same period. The findings also showed that there was poor performance of irrigation water infrastructure due to inadequate maintenance. Lack of coordination among institutions, insufficient funding, political interference, fragmentation of roles and responsibilities, lack of human resources, and farmers’ lack of participation and commitment in water resources management contributed to the dysfunctionality of irrigation water governance systems, leading to water insecurity. This study recommends adequate funding for the operation and maintenance of infrastructure. Furthermore, water institutions need to support smallholder farmers with training skills in agricultural water management and infrastructure maintenance. Further studies are recommended to quantify the water lost due to the poor performance of water infrastructure and to develop effective water governance in Genadendal.