Climate Change: An Exploratory Analysis in Philippines Maritime Industry Operations

Abstract

This study aimed to explore the impact of climate change to maritime industry in the Philippines. An exploratory-descriptive analysis was used in this study. A total of 100 sample size of data were utilized on each identified variables from year 2019 to 2023 through data mining. Quota sampling method was utilized in this study. The study was conducted at the School of Maritime Education, Biliran Province State University – Naval campus (11⁰28’30” North & 124⁰28’08” East) from January to April 2024. Correlation regression analysis was applied, and the results revealed after fitting the model, Ho was rejected at 0.05 level of significance. It has been tested that there was a strong regression relationship between climate change and employment. The above model, rainfall and typhoons have a direct severe impact to asset, property & equipment, accidents, employment, stockholders’ equity, and employment, while temperatures have minimal impact towards Philippines maritime industry operation.