Ship speed optimization: Concepts, models and combined speed-routing scenarios

The purpose of this paper is to clarify some important issues as regards ship speed optimization at the operational level and develop models that optimize ship speed for a spectrum of routing scenarios in a single ship setting. The paper’s main contribution is the incorporation of those fundamental parameters and other considerations that weigh heavily in a ship owner’s or charterer’s speed decision and in his routing decision, wherever relevant. Various examples are given so as to illustrate the properties of the optimal solution and the various trade-offs that are involved.

• Record URL:
  • https://doi.org/10.1016/j.trc.2014.03.001
• Record URL:
  • http://www.sciencedirect.com/science/article/pii/S0968090X14000667
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/0968090X
• Supplemental Notes:
  • Abstract reprinted with permission of Elsevier.
• Authors:
  • Psaraftis, Harilaos N
  • Kontovas, Christos A
• Publication Date: 2014-7

Language

• English

Media Info

• Media Type: Print
• Features: Appendices; Figures; Maps; References; Tables;
• Pagination: pp 52-69
• Serial:
  • Transportation Research Part C: Emerging Technologies
  • Volume: 44
  • Issue Number: 0
  • Publisher: Elsevier
  • ISSN: 0968-090X
  • Serial URL: http://www.sciencedirect.com/science/journal/0968090X

Subject/Index Terms

• TRT Terms: Cargo ships; Economic factors; Environmental impacts; Fuel consumption; Logistics; Optimization; Routing; Speed
• Subject Areas: Economics; Freight Transportation; Marine Transportation; Planning and Forecasting; I10: Economics and Administration;

Filing Info

• Accession Number: 01535023
• Record Type: Publication
• Files: TRIS
• Created Date: Aug 25 2014 7:43AM