Highlights Clarification of some important issues as regards ship speed optimization at the operational level. Development of models that optimize ship speed for a spectrum of routing scenarios. Clarification of concepts and misconceptions. Incorporation of fundamental parameters that weigh heavily in speed and routing decisions. Identification of properties of optimal solution.

    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.


    Access

    Check access

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

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


    Contributors:


    Publication date :

    2014-03-01


    Size :

    18 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English





    Tramp ship routing and scheduling with speed optimization

    Norstad, Inge / Fagerholt, Kjetil / Laporte, Gilbert | Elsevier | 2010



    Liner Ship Routing with Speed and Fleet Size Optimization

    Kim, Hwa-Joong / Son, Dong-Hoon / Yang, Woosuk et al. | Springer Verlag | 2019


    Liner Ship Routing with Speed and Fleet Size Optimization

    Kim, Hwa-Joong / Son, Dong-Hoon / Yang, Woosuk et al. | Online Contents | 2019