Assessing the Link between Vessel Size and Maritime Supply Chain Sustainable Performance

Dariusz Bernacki
Additional contact information
Dariusz Bernacki: Department of Maritime Economics and Transport Systems, Faculty of Transport Engineering and Economics, Maritime University of Szczecin, 70-500 Szczecin, Poland

Energies, 2021, vol. 14, issue 11, 1-21

Abstract: This study determines the relationship between the increase in size of dry bulk carriers and container ships and the changes in sustainable shipping performance. It measures the elasticities of shipping costs for bulk carriers and container ships. Using regression, it derives the functions of the daily and unit costs of shipping with respect to the size of dry bulk carriers and container ships. The estimated daily and unit cost elasticities and cost models reveal significant but diversified impacts of vessel size on dry bulk and container shipping cost and its components, other operating capital, and fuel costs. Findings: Dry bulk carriers and containership size mean elasticities of daily operating costs estimates respectively: total operating costs 0.291 and 0.552, other operating cost (labor cost included) 0.238 and 0.328, capital costs 0.329 and 0.765, fuel costs 0.289 and 0.462; dry bulker and container ship unit shipping mean elasticity respectively: full operating costs (?0.751) and (?0.553), other operating cost (?0.804) and (?0.782), capital costs (?0.713) and (?0.399), fuel costs (–0.757) and (?0.702). This research provides an insight into the impact of technology and the way the services are provided (irregular versus regular) on shipping cost and energy savings. The cost models can be used for estimating the savings in shipping costs resulting from handling larger vessels in seaports.

Keywords: economies of scale; dry bulk and container shipping; maritime supply chain; energy savings (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.mdpi.com/1996-1073/14/11/2979/pdf (application/pdf)
https://www.mdpi.com/1996-1073/14/11/2979/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:14:y:2021:i:11:p:2979-:d:559189

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().