Slow steaming in container shipping

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Autor/in:
Beteiligte Person:
  • Sprague, Ralph H.
Verlag/Körperschaft:
IEEE
Erscheinungsjahr:
2012
Medientyp:
Text
Beschreibung:
  • International supply chains heavily rely on maritime shipping. Since the beginning of the latest economical crisis, the containership fleet is slowing down. This paper gives a short overview of the slow steaming history as well as the widely assumed coherence between a ship's speed and its fuel consumption. Calculating fuel consumption as a function of speed provides decision support regarding the decision to which extent slowing down should be performed. It can be assumed that, compared to sailing at full speed, a speed reduction has a positive economic and also environmental impact. This paper is focused on the economic aspects. We show the considerable cost saving potential of a lower ship speed as a result of the decreasing fuel consumption. In combination with other variables of a container vessels' profit function, this may lead to the profit optimizing speed of a container carrier. © 2012 IEEE.
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  • info:eu-repo/semantics/closedAccess
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Forschungsinformationssystem der UHH
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Quelldatensatz
oai:www.edit.fis.uni-hamburg.de:publications/3bb634b6-fd56-4066-80ff-875cc092b5ae