Feasibility of the Northeast Passage: The role of vessel speed, route planning, and icebreaking assistance determined by sea-ice conditions for the container shipping market during 2020–2030
Yangjun Wang,
Kefeng Liu,
Ren Zhang,
Longxia Qian and
Yulong Shan
Transportation Research Part E: Logistics and Transportation Review, 2021, vol. 149, issue C
Abstract:
This study aims to examine the feasibility of the Northeast Passage for container transportation during the period of 2020–2030. A novel model is developed to study the impact of sea-ice conditions on freight rate between the Northeast Passage and Suez Canal Route on a round voyage. The sea-ice concentration and thickness are treated as key factors controlling the use of icebreakers, operational speed, and route planning in the model. Freight rates, shipowner profits, and consumer demands on both routes are determined as model outputs. Three scenarios in 2020, 2025 and 2030 respectively are used to test the model.
Keywords: Northeast Passage; Sea-ice combined forecast; Freight rate; Vessel speed; Route planning; Icebreakers (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:149:y:2021:i:c:s1366554521000132
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DOI: 10.1016/j.tre.2021.102235
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