Marine transportation for freight shipments

Marine transportation for freight shipments

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Marine transportation for freight shipments
Marine transportation for freight shipments
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SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Transportation
Marine Transportation
Business Model Description

Private marine transportation for freight shipments

Expected Impact

Investments in maritime transportation will reduce logistics costs and promote trade and connectivity.

How is this information gathered?
Updated: 4 Aug, 2021 Date of Production: 1 Feb, 2021
Turkey
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
15% - 20% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Long Term (10+ years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
> USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Decent Work and Economic Growth (SDG 8) Industry, Innovation and Infrastructure (SDG 9)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Climate Action (SDG 13)

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Sector Sources
  • 1) World Bank, 2019, https://lpi.worldbank.org/international/scorecard/radar/56/C/TUR/2018/C/DEU/2018 2) Presidency of Strategy and Budget, 11th Development Plan, http://www.sbb.gov.tr/wp-content/uploads/2020/03/On_BirinciPLan_ingilizce_SonBaski.pdf 3) State Railways of Rep. of Turkey 2019-2023 Strategic Plan. http://www.sp.gov.tr/upload/xSPStratejikPlan/files/wyMtM+20192023sp.pdf 4) Presidency of Strategy and Budget, 2020 Investment Program. http://www.sbb.gov.tr/wp-content/uploads/2020/03/2020_Yatirim_Programi.pdf 5) World Shipping Council. http://www.worldshipping.org/industry-issues/environment/air-emissions/carbon-emissions#:~:text=Carbon%20Emissions,carbon%20footprint%20of%20its%20vessels. 6) EU https://www.onthemosway.eu/how-shipping-including-short-sea-shipping-compares-favourably-to-other-modes-of-transport-on-co2-emissions/?cn-reloaded=1 7) Ministry of Transport and Infrastructure, Expert Thesis, 2018. https://www.uab.gov.tr/uploads/pages/kutuphane/0dbb88c441e78e6.pdf 8) Eximbank. Ship-Building Finance and Guarantee Program. https://www.eximbank.gov.tr/en/product-and-services/credits/medium-and-long-term-export-credits/ship-building-finance-and-guarantee-program 9) Bertelsmann Stiftung & SDSN, 2020. Sustainable Development Report Dashboards 2020. https://dashboards.sdgindex.org/#/TUR 10) Turkey's SDGs 2nd VNR 2019. https://sustainabledevelopment.un.org/content/documents/23862Turkey_VNR_110719.pdf 11) Presidency of Strategy and Budget, 11th Development Plan, http://www.sbb.gov.tr/wp-content/uploads/2020/03/On_BirinciPLan_ingilizce_SonBaski.pdf 12) Presidency of Strategy and Budget, 2020 Presidency Annual Program, http://www.sbb.gov.tr/wp-content/uploads/2019/11/2020_Yili_Cumhurbaskanligi_Yillik_Programi.pdf 13) Presidency of Strategy and Budget, 2020 Investment Program. http://www.sbb.gov.tr/wp-content/uploads/2020/03/2020_Yatirim_Programi.pdf
IOA Sources
  • 14) Statement by the Minister of Transport and Infrastructure, 2019. https://www.hurriyetdailynews.com/turkish-maritime-industry-size-exceeds-17-5-billion-141427 15) Anadolu Agency, 05.02.2020. Share of railways rising in trade. https://www.aa.com.tr/tr/ekonomi/ticarette-demir-yolunun-payi-yukseliyor/1724737 16) World Shipping Council. http://www.worldshipping.org/industry-issues/environment/air-emissions/carbon-emissions#:~:text=Carbon%20Emissions,carbon%20footprint%20of%20its%20vessels. 17) International Maritime Organization. https://business.un.org/en/entities/13 18) Footprint Network, 2015, https://www.footprintnetwork.org/content/images/uploads/Turkey_Ecological_Footprint_Report_Executive_Summary-Conclusion.pdf 19) SDG Tracker, 2020, https://sdg-tracker.org/ 20) EC, 2019, https://ec.europa.eu/clima/news/commission-publishes-information-co2-emissions-maritime-transport_en 21) Laws Turkey. https://www.lawsturkey.com/article/maritime-law-in-turkey 22) Ministry of Transport and Infrastructure, Expert Thesis, 2018. https://www.uab.gov.tr/uploads/pages/kutuphane/0dbb88c441e78e6.pdf 23) Statement by the Ministry of Industry and Technology, 2019. https://www.marinedealnews.com/denizcilik-sektoru-devlet-tesviklerini-yeterli-ve-yerinde-bulmadi/ 24) 2023 Turkey Export Strategy and Action Plan. http://geka.gov.tr/Dosyalar/o_1adq0ifbp1ic11m4nlc81rpsr178.pdf 25) European Bank of Reconstruction and Development, Transportation Strategy 2019-2024, https://www.ebrd.com/documents/transport/strategy-for-transport.pdf 26) International Maritime Organization, https://www.imo.org/en/OurWork/TechnicalCooperation/Pages/WomenInMaritime.aspx 27) Ministry of Economics, 2019. http://geka.gov.tr/Dosyalar/o_1adq0ifbp1ic11m4nlc81rpsr178.pdf.