An economic evaluation of the merits of a deepwater tanker terminal was conducted based on the reduction in transportation costs it would return. A single tanker economic model was used to generate a fleet transporting oil from five exporting regions. U.S. energy demand was predicted based on linear regression analysis. A linear programming approach was used to determine the tanker fleet size and transportation costs. Results indicated the reduction in transportation costs made a clustered monobuoy system economically attractive. However, the high capital investment required to construct an artificial island could not be justified with this approach.

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  • Corporate Authors:

    Society of Naval Architects and Marine Engineers

    601 Pavonia Avenue
    Jersey City, NJ  United States  07306-2907
  • Authors:
    • Duncan, R S
    • Lutkus, A J
  • Publication Date: 1977-4

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Filing Info

  • Accession Number: 00158259
  • Record Type: Publication
  • Source Agency: Marine Technology
  • Files: TRIS
  • Created Date: Aug 31 1977 12:00AM