The impact of slow steaming on the carriers’ and shippers’ costs: The case of a global logistics network

The authors propose an analytical modeling methodology for quantifying the impact of slow steaming on the carrier’s voyage cost and on the shipper’s total landed logistics costs. The developed methodology can be employed by a carrier and a shipper in their contract negotiations, in order for the two parties to determine how they could divide between them the savings resulted from slow steaming. The authors demonstrate that the impact of slow steaming and speed adjustment policies on the shippers’ total landed logistics costs tend to increase as the vessel travels towards the end of its voyage.

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 01663370
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Feb 21 2018 4:40PM