The research focuses on the impact of the shipping strategy to decrease the commercial speed of container vessels, in order to reduce the bunker costs, on current service patterns. In this regard, the study also hypothesizes potential development trends in the near future. The reduction of the commercial speed, commonly referred to as “slow steaming,” has been introduced to mitigate the neg…
Different port operating policies have the potential to reduce emissions from shipping; however, their efficacy varies for different ports. This article extends existing literature to present a consistent and transferable methodology that examines emissions reduction port policies based on ship-call data. Carbon dioxide (CO2); sulphur dioxide (SO2); nitrogen oxides (NOx); and black carbon (BC) …
Emissions of GHG from the transport sector and how to reduce them are major challenges for policy makers. The purpose of this paper is to analyse the level of greenhouse gas (GHG) emissions from ships while in port based on annual data from Port of Gothenburg, Port of Long Beach, Port of Osaka and Sydney Ports. Port call statistics including IMO number, ship name, berth number and time spent at…
Over the last ten years, VLCC spot rates have been extremely volatile with full-on booms in 2004 and 2007/2008. The strengthening of the market in 2002 through 2004 leading to the 2004 boom can be explained simply by ton-mile demand growing faster than available ton-mile supply. But this is not the case for the 2007/2008 boom. The paper argues that these rates spikes were caused by increases in…
The global economic and financial conditions in 2010 and 2011 were positive and the business trade grew at about twice of the rate of that in 2009. The container shipping players started to enjoy a new chapter of international business trade having struggled to operate their vessels since 2008. So we now have to consider if the shipping business will return to its old strategy? What will happen…