Green tramp shipping routing and scheduling: Effects of market-based measures on CO2 reduction

Xin Wang, Inge Norstad, Kjetil Fagerholt, Marielle Christiansen, Harilaos N. Psaraftis (Editor)

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

Abstract

In this chapter we examine, from a tramp ship operator’s point of view, how potential CO2 emission reduction measures impact the operational decisions and their economic and environmental consequences. Two market-based measures (MBMs) are discussed, the bunker levy scheme and the emission trading scheme, and we show that both can be incorporated in a similar way into a typical tramp ship routing and scheduling model. We also demonstrate with a computational study the environmental benefits of these CO2 reduction schemes.
Original languageEnglish
Title of host publicationSustainable Shipping
Publication date2019
Pages285-335
DOIs
Publication statusPublished - 2019
SeriesSustainable Shipping: a Cross-disciplinary View

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