Slow Steaming in Maritime Transportation: Fundamentals, Trade-offs, and Decision Models

Harilaos N. Psaraftis () and Christos A. Kontovas
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Harilaos N. Psaraftis: Technical University of Denmark
Christos A. Kontovas: Technical University of Denmark

Chapter 11 in Handbook of Ocean Container Transport Logistics, 2015, pp 315-358 from Springer

Abstract: Abstract Slow steaming is being practised in many sectors of the shipping industry. It is induced principally by depressed shipping markets and/or high fuel prices. In recent years the environmental dimension of slow steaming has also become important, as ship emissions are directly proportional to fuel burned. The purpose of this chapter is to examine the practice of slow steaming from various angles. In that context, a taxonomy of models is presented, some fundamentals are outlined, the main trade-offs are analysed, and some decision models are presented. Some examples are finally presented so as to highlight the main issues that are at play.

Keywords: Slow steaming; Speed optimization; Economic speed; Ship emissions (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1007/978-3-319-11891-8_11

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