Trade Off Under Low-Carbon Economy: Ocean Shipping Vessel Speed, Carbon Emission or Shipowner’s Profit

Gang Li (), Huan Xu and Wei Liu
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Gang Li: Shanghai Maritime University
Huan Xu: Shanghai Maritime University
Wei Liu: Shanghai Maritime University

A chapter in LISS 2012, 2013, pp 19-25 from Springer

Abstract: Abstract This paper studies ships’ optimum operating speed under low-carbon economy. It analyzes the relations between ship’s carbon emission and the operating speed, gets the optimum speed under minimum carbon emission, establishes the relations between the shipowner’s profit and the speed, and derives the maximum profit from the speed under which the entire fleet minimum carbon emission.

Keywords: Shipping industry; Low carbon emission; Vessel speed; Shipowner’s profit (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-32054-5_5

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DOI: 10.1007/978-3-642-32054-5_5

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