Ship speed optimization: Concepts,models and combined speed-routing scenarios |
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| Institution: | 1661. Department of Management Engineering, Technical University of Denmark, 2800, Kongens Lyngby, Denmark, grid.5170.3, 0000000121818870;1. Department of Systems & Naval Mechatronic Eng., National Cheng-Kung University, Tainan City 70101, Taiwan;2. International Wave Dynamics Research Center, National Cheng-Kung University, Tainan City 70101, Taiwan;3. Research Center for Energy Technology and Strategy, National Cheng-Kung University, Tainan City 70101, Taiwan;1. Athens University of Economics and Business, Department of Informatics, Patission 76, Athens 10434, Greece;2. Technical University of Denmark, Department of Transport, Bygningstorvet 1, 2800 Kgs. Lyngby, Denmark |
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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. |
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| Keywords: | Green maritime logistics Ship speed optimization Ship routing |
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