THE ECONOMICS OF TANKER SLOWDOWN: AN OBSERVATION

This paper discusses the relationship between speed reduction and spot rates at which the owner breaks even. Thus, at a World Scale below the break-even point the owner could slow down to the indicated speed, make up his lost capacity by voyage chartering, and save money in the bargain. It is generally believed that the larger part of the world's tanker fleet is now sailing at reduced speed.

• Corporate Authors:

  Taylor & Francis

  711 Third Avenue
  New York, NY  United States  10017
• Authors:
  • Artz, J C
• Publication Date: 1975-4

Media Info

• Pagination: p. 244-249
• Serial:
  • Maritime Studies and Management
  • Volume: 2
  • Issue Number: 4
  • Publisher: Taylor & Francis

Subject/Index Terms

• TRT Terms: Ship operations; Speed control; Tanker shipping; Tankers; Traffic speed
• Uncontrolled Terms: Speed reduction
• Old TRIS Terms: Tanker economics; Tanker operations
• Subject Areas: Marine Transportation; Operations and Traffic Management;

Filing Info

• Accession Number: 00126053
• Record Type: Publication
• Source Agency: Purdue University/Indiana Department of Transportation JHRP
• Files: TRIS
• Created Date: Oct 18 1975 12:00AM