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Green Maritime Transportation: Speed and Route Optimization

In: Green Transportation Logistics

Author

Listed:
  • Harilaos N. Psaraftis

    (Technical University of Denmark)

  • Christos A. Kontovas

    (Technical University of Denmark)

Abstract

Among the spectrum of logistics-based measures for green maritime transportation, this chapter focuses on speed optimization. This involves the selection of an appropriate speed by the vessel, so as to optimize a certain objective. As ship speed is not fixed, depressed shipping markets and/or high fuel prices induce slow steaming which is being practised in many sectors of the shipping industry. In recent years the environmental dimension of slow steaming has also become important, as ship emissions are directly proportional to fuel burned. Win-win solutions are sought, but they will not necessarily be possible. The chapter presents some basics, discusses the main trade-offs and also examines combined speed and route optimization problems. Some examples are finally presented so as to highlight the main issues that are at play.

Suggested Citation

  • Harilaos N. Psaraftis & Christos A. Kontovas, 2016. "Green Maritime Transportation: Speed and Route Optimization," International Series in Operations Research & Management Science, in: Harilaos N. Psaraftis (ed.), Green Transportation Logistics, edition 127, chapter 0, pages 299-349, Springer.
    • Handle: RePEc:spr:isochp:978-3-319-17175-3_9
    DOI: 10.1007/978-3-319-17175-3_9
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    Citations

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    Cited by:

    1. Koza, David Franz, 2019. "Liner shipping service scheduling and cargo allocation," European Journal of Operational Research, Elsevier, vol. 275(3), pages 897-915.
    2. Anna Franceschetti & Dorothée Honhon & Gilbert Laporte & Tom Van Woensel, 2018. "A Shortest-Path Algorithm for the Departure Time and Speed Optimization Problem," Transportation Science, INFORMS, vol. 52(4), pages 756-768, August.
    3. Harilaos N. Psaraftis, 2019. "Speed optimization versus speed reduction: Are speed limits better than a bunker levy?," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 21(4), pages 524-542, December.
    4. Harilaos N. Psaraftis, 2019. "Ship routing and scheduling: the cart before the horse conjecture," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 21(1), pages 111-124, March.
    5. Bektaş, Tolga & Ehmke, Jan Fabian & Psaraftis, Harilaos N. & Puchinger, Jakob, 2019. "The role of operational research in green freight transportation," European Journal of Operational Research, Elsevier, vol. 274(3), pages 807-823.

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