Shipping log data based container ship fuel efficiency modeling
Qiang Meng,
Yuquan Du and
Yadong Wang
Transportation Research Part B: Methodological, 2016, vol. 83, issue C, 207-229
Abstract:
Container shipping lines have been initiating various ship fuel efficiency management programs because bunker fuel costs always dominate the daily operating costs of a container ship. As the basis of these kinds of programs, we develop a viable research methodology for modeling the relationship between the fuel consumption rate of a particular container ship and its determinants, including sailing speed, displacement, sea conditions and weather conditions, by using the shipping log data available in practice. The developed methodology consists of an outlier-score-based data preprocessing procedure to tackle the fuzziness, inaccuracy and limited information of shipping logs, and two regression models for container ship fuel efficiency. Real shipping logs from four container ships (two with 13000 TEUs and two with 5000 TEUs) over a six-month sailing period are used to exhibit the applicability and effectiveness of the proposed methodology. The empirical studies demonstrate the performance of three models for fitting the fuel consumption rate of a ship and the industrial merits of ship fuel efficiency management. In addition, we highlight the potential impacts of the models developed in this study on liner shipping network analysis, as these models can serve as base models for additionally considering the influence of displacement and weather conditions on ship fuel efficiency and exhaust emissions.
Keywords: Shipping log; Outlier analysis; Ship fuel efficiency modeling; Sailing speed; Displacement; Weather condition (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (32)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:transb:v:83:y:2016:i:c:p:207-229
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DOI: 10.1016/j.trb.2015.11.007
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