This study deals with some aspects of both price hikes and possible shortages. First established is the necessary simple mathematical relations between fuel consumption, steaming speed, turnaround time and output and proceeds with development of quantitative models for determining optimal economic speed as a function of bunker cost. The matter of fuel cost increases is treated as an economic problem with the objective being either to minimize cost per unit of output or to maximize profit. The last section is devoted to the problem of allocating fuel to ships in cases of real shortage.

  • Supplemental Notes:
    • This article is a synopsis of a 35-page study in English published under the auspices of the Israel Shipping Research Institute.
  • Corporate Authors:

    Israel Shipping Research Institute

    P.O.B. 1860
    Haifa 33033,   Israel 
  • Authors:
    • Avi-Itzhak, B
  • Publication Date: 1974-4

Media Info

  • Pagination: p. 8-10
  • Serial:
    • Volume: 4
    • Issue Number: 1

Subject/Index Terms

Filing Info

  • Accession Number: 00071952
  • Record Type: Publication
  • Source Agency: Israel Shipping Research Institute
  • Files: TRIS
  • Created Date: Nov 20 1974 12:00AM