Green maritime transportation: Speed and route optimization

Harilaos N. Psaraftis, Christos A. Kontovas

    Research output: Chapter in Book/Report/Conference proceedingBook chapterResearchpeer-review

    Abstract

    Among the spectrum of logistics-based measures for green maritime transportation, this chapter focuses on speed optimization. This involves the selection of an appropriate speed by the vessel, so as to optimize a certain objective. As ship speed is not fixed, depressed shipping markets and/or high fuel prices induce slow steaming which is being practised in many sectors of the shipping industry. In recent years the environmental dimension of slow steaming has also become important, as ship emissions are directly proportional to fuel burned. Win-win solutions are sought, but they will not necessarily be possible. The chapter presents some basics, discusses the main trade-offs and also examines combined speed and route optimization problems. Some examples are finally presented so as to highlight the main issues that are at play.
    Original languageEnglish
    Title of host publicationGreen Transportation Logistics : The Quest for Win-Win Solutions
    Volume226
    PublisherSpringer
    Publication date2015
    Pages299-349
    ISBN (Print)978-3-319-17174-6
    ISBN (Electronic)978-3-319-17175-3
    DOIs
    Publication statusPublished - 2015
    SeriesGreen Transportation Logistics: the Quest for Win-win Solutions
    ISSN0884-8289

    Keywords

    • Economics, Econometrics and Finance (all)
    • Business, Management and Accounting (all)
    • Engineering (all)
    • Management Science and Operations Research
    • Strategy and Management
    • Applied Mathematics
    • Computer Science Applications
    • Software

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