Ship speed optimization: Concepts, models and combined speed-routing scenarios

Harilaos N. Psaraftis, Christos A. Kontovas

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    Abstract

    The purpose of this paper is to clarify some important issues as regards ship speed optimization at the operational level and develop models that optimize ship speed for a spectrum of routing scenarios in a single ship setting. The paper's main contribution is the incorporation of those fundamental parameters and other considerations that weigh heavily in a ship owner's or charterer's speed decision and in his routing decision, wherever relevant. Various examples are given so as to illustrate the properties of the optimal solution and the various trade-offs that are involved.
    Original languageEnglish
    JournalTransportation Research. Part C: Emerging Technologies
    Volume44
    Pages (from-to)52-69
    Number of pages18
    ISSN0968-090X
    DOIs
    Publication statusPublished - 2014

    Keywords

    • Green maritime logistics
    • Ship speed optimization
    • Ship routing

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