Investment Analysis in Technology with a Special Focus on Future Green Fleet Development – A Case Study of Jadrolinija – a Joint-Stock Company from Rijeka, Croatia

The development of a green ship fleet in the maritime industry can be achieved only through investments in shipbuilding and outfitting technologies, as well as improvements in the environmental performance of propulsion engines and the more efficient use of renewable energy sources that ships will utilise during navigation or while in a port. Jadrolinija, a joint-stock company that is the Croatian national passenger shipping company, should intensify its efforts to renew its fleet of vessels that transport domestic passengers and tourists from the mainland to the most remote island destinations in the Republic of Croatia. The objective of this paper is to analyse the correlation between the company’s total investments and its overall revenue and expenditures during the observed eleven-year period.