ECONOMIC ANALYSIS OF NUCLEAR POWERED TANKERS IN PERSIAN GULF TO EAST COAST SERVICE
Costs and revenues of conventional and nuclear-powered ships were compared and a more detailed comparison was then made between a certain class of nuclear powered ships. Detailed attention was given to a hypothetical group of 20 related tankers in order to determine what changes, if any, would be required in overall design when changing from conventional to nuclear heat power machinery. An economic evaluation was made showing the total cost per ton of cargo carried on the given run for each of the hypothetical tankers, at various assumed fuel cost levels. This study called attention to the influence of each of the design factors on transportation costs. The economic balance studies concluded that under present conditions, nuclear ships are not economically competitive with conventional ships, and to be so considerable reductions must be made in both fuel and construction costs. Other negative factors include the cost of zirconium for fuel elements, and limits on sea speed and power.
- This document is available for review at the Department of Commerce Library, Main Commerce Building, Washington, D.C., under reference number MU-Proj-2419.
University of Michigan, Ann ArborEngineering Research Institute
Ann Arbor, MI USA 48109
- Benford, H
- Bartlett, F G
- Publication Date: 1955-12
- Features: Appendices; Figures; References; Tables;
- Pagination: 45 p.
- TRT Terms: Economic analysis; Nuclear power; Nuclear powered ships; Ships; Tanker shipping; Vehicle design
- Uncontrolled Terms: Ship design
- Old TRIS Terms: Tanker economics
- Subject Areas: Design; Economics; Marine Transportation; Operations and Traffic Management; Vehicles and Equipment;
- Accession Number: 00026001
- Record Type: Publication
- Source Agency: Maritime Administration
- Contract Numbers: MA-1079
- Files: TRIS, USDOT
- Created Date: Feb 6 1974 12:00AM