Assessment of profit, cost and emissions by varying speed as a function of sea conditions and freight market

Autor: Egil Jullumstrø, Haakon Lindstad, Bjørn Egil Asbjørnslett
Rok vydání: 2013
Předmět:
Zdroj: Transportation Research Part D: Transport and Environment. 19:5-12
ISSN: 1361-9209
DOI: 10.1016/j.trd.2012.11.001
Popis: This paper assesses shipping profits, costs and emissions by speed and as a function of sea and freight market conditions. Traditionally, seagoing vessels have been designed to operate at standardized, maximum economic speeds based on hydrodynamic considerations. High fuel costs and increased environmental concerns have challenged this practice. While speed reductions may reduce costs and emissions, most studies are based on still water conditions despite these being the exceptions. In addition, shipping lines operate in a commercial market with the objective of making profit and not solely on cost reductions. Our results show that significant cost and emissions reductions can be achieved and that the maximum economic speeds based on hydrodynamic considerations even in a good freight market are lower than the design speeds.
Databáze: OpenAIRE