• Title/Summary/Keyword: Vessel Operation Costs

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A study on the Optimal Economic Vessel in the South-East Asian Trade Route (동남아 항로의 최적 경제선박에 관한 연구)

  • Lee, Dong-Gon
    • 한국기계연구소 소보
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    • s.14
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    • pp.145-155
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    • 1985
  • The recent trend in shipbuilding technology is toward development of highly economical vessels of which construction and operation costs are minimized, whereas cargo transport capacity is maximized. But, most of the vessel which are now operated by some of the nation's shipping companies are uneconomical ones built before oil crisis and consequently the companies are suffering from long-lasted deficit problem. In this paper, derivation study of optimum vessel for multi purpose cargo vessel on south-East Asian trade route is carried out to solve this problem. The Required Freight Rate is used as a measure of merits.

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A Determination of the Optical Containership Size Using a Total Shipping Cost Analysis (컨테이너선의 총 비용 분석을 통한 노선별 최적선형 도출)

  • Kim Tae-Won;Kwak Kyu-Seok
    • Journal of Navigation and Port Research
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    • v.29 no.5 s.101
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    • pp.421-429
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    • 2005
  • Traditionally, determination of the optimal containership size is the most important factor for competitiveness of shipping companies in the shipping market. Under this environment, many shipping companies and researchers have studied about it. The objective of this research is to determine the optimal containership size using a total shipping cost in the main trunk lines. Total shipping cost is calculated at the ground of capital costs, vessel operation costs, voyage costs, port charges and miscellaneous costs for 'Europe-Far East', 'Far East-North America' and 'Europe-Far East-North America' services. Analysis results showed that the 6,500TEU containership is an optimal size on the 'Europe-Far East' and 'Europe-Far East-North America' services. And the 8,200TEU containership is an optimal size on the 'Far East-North America' service. Moreover, if the larger containerships over 8,200TEU class start operation afterward, it would be less competitive in the analyzed 3services.

Research on optimal cost calculation for efficient maintenance of offshore wind farms (해상풍력단지의 효율적인 유지보수를 위한 최적 비용 산출 연구)

  • Hui-Seok Gu;In-Cheol Kim;Man-Bok Kim;Man-Soo Choi
    • Journal of Wind Energy
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    • v.14 no.3
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    • pp.61-68
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    • 2023
  • This paper aims to perform optimal operation and maintenance with an integrated monitoring system for offshore wind platforms. Based on the wind direction and wind speed data of existing wind farms, a monitoring system was established along with weather and weather data to maximize the operational efficiency of wind farms. Compared to wind power on land, offshore wind power is difficult to maintain due to weather, logistics and geographical limitations. Therefore, economic analysis of actual operation and maintenance is essential for large-scale offshore wind farms. In this paper, the availability of offshore wind farms was analyzed by using personnel resources, parts inventory, Crew Transfer Vessel (CTV) and Specialized service Operation Vessel (SOV) etc. before the actual operation and maintenance of wind farms. A comparative analysis was conducted to determine the optimum operating efficiency and economical maintenance costs.

Analysis of the operation status and opinion on the improvement of fishing vessel structure in coastal improved stow net fishery by the questionnaire survey (설문조사를 통한 연안개량안강망어업의 조업 실태 및 어선 구조 개선에 관한 의견 분석)

  • CHANG, Ho-Young;KIM, Min-Son;HWANG, Bo-Kyu;OH, Jong Chul
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.57 no.4
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    • pp.316-333
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    • 2021
  • In order to understand basic data for improving the fishing system and fishing vessel structure in coastal improved stow net fishery, a questionnaire survey and on-site hearing were conducted from May 10 to June 11, 2019 to analyze opinions on the improvement of operation status and fishing vessel structure. The questionnaire survey consisted of ten questions on the operation status of coastal improved stow net fishery and six questions on the improvement of fishing vessel structure, and the results of each question were analyzed by the region, the captain's age, the captain's career and the age of fishing vessel. As a result of analyzing opinions on the operation status of the coastal improved stow net fishery, it was found that the average time required for casting net was 32.8 to 33.0 minutes and that the average time required for hauling net was 41.0 to 42.2 minutes which took 10 to 12 minutes more than for casting net. The most important work requiring improvement during fishing operation (the first priority) were 'hauling net operation,' 'readjustment and storage of fishing gear,' and 'fish handling' and the hardest factor in fishing management were in the order of 'reduction of catch,' 'labor shortage' and 'rising labor costs.' The most institutional improvement that is most needed in coastal improved stow net fishery was an 'using fine mesh nets.' Most of the respondent to the questions on the experience in hiring foreign crews was 'either hiring or willing to hire foreign crews,' and the average number of foreign crews employed was found to be 2.3 to 2.4 persons. The most important reason for hiring (or considering employment) foreign crews was 'high labor costs.' The degree of communication with foreign crews during fishing operation were 'moderate' or 'difficult to direct work.' The most important problem in hiring foreign crews (the first priority) was an 'illegal departure.' As the survey results on the opinion of structural improvement of coastal improved stow net fishing vessel, the degree of satisfaction with fishing vessel structure related to fishing operation was found to be somewhat unsatisfactory, with an average of 3.3 points on a five-point scale. The inconvenient structure of fishing vessel in possession (the first priority), the space needed most for the construction of new fishing vessel (the first priority) and the space considered important for the construction of new fishing vessel (the first prioprity) was a 'fish warehouse.' The most preferred equipment for the construction of new fishing vessel were 'engine operation monitoring' and 'navigation safety devices.' The average size (tonnage class), the average horse power and the average total length of fishing vessel for proper profit and safety fishing operation was between 13.8 and 14.0 tonnes, 808.3 to 819.5 H.P. and 23.4 to 23.5 meters, respectively. The results of the operation status of coastal improved stow net fishery and the requirement for improving the fishing vessel structure are expected to be provided as basic data for reference when we build or improve the fishing vessel.

Comparative Economic Analysis on SOx Scrubber Operation for ECA Sailing Vessel

  • Jee, Jae-hoon
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.26 no.3
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    • pp.262-268
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    • 2020
  • The IMO (International Maritime Organization) has mandated the restriction of SOx emissions to 0.5 % for all international sailing vessels since January 2020. And, a number of countries have designated emission control areas for stricter environmental regulations. Three representative methods have been suggested to cope with these regulations; using low-sulphur oil, installing a scrubber, or using LNG (Liquefied Natural Gas) as fuel. In this paper, economic analysis was performed by comparing the method of installing a scrubber with the method of using low-sulphur oil without installing additional equipment. We suggested plausible layouts and compared the pros and cons of dif erent scrubber types for retrofitting. We selected an international sailing ship as the target vessel and estimated payback time and benefits based on navigation route, fuel consumption, and installation and operation costs. Two case of oil prices were analyzed considering the uncertainty of fuel oil price fluctuation. We found that the expected payback time of investment varies from 1 year to 3.5 years depending on the operation ratio of emission control areas and the fuel oil price change.

Optimal Containership Size by Way of Total Shipping Cost Analysis (컨테이너선의 총 운항비용 분석을 통한 노선별 최적선형 도출)

  • Kim Tae-Won;Han Yu-Nam;Nam Ki-Chan;Kwak Kyu-Seok
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2004.11a
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    • pp.245-251
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    • 2004
  • Determination the optimal containership size is the most important factor for competitiveness if shipping companies. Accordingly, the objective if this research is determining the optimal containership size by service routes. Total shipping cost is calculated at the ground if capital cost, vessel operation costs, voyage costs, port charge and miscellaneous cost for 'Europe-Far East', 'Far East-North America' and 'Europe-Far East-North America' Services. Finally, the optimal containership size was utilized through total shipping cost, slot quantity if containership and average throughput by containership.

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An Analysis of Container Terminal Facilities Leasing Fee by Assessing Total Sea-Transportation Costs (총 해상운송비용 평가를 통한 컨테이너터미널 전대사용료 분석)

  • Kim, Hyun
    • Journal of Navigation and Port Research
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    • v.28 no.8
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    • pp.709-714
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    • 2004
  • This paper first tries to analyze total sea transport costs for the transshipment in Busan Port in comparison with direct transport to 4 Chinese Ports, Dalian, Tinajin, Qingdao and Shanghai, based on vessel operation scenarios. The results found that the transshipment in Busan port for the 4 Chinese ports are more expensive than the direct calling to the 4 ports, which implies that Busan port needs to make compensation as an incentive to the carriers providing transshipment service to it in order to keep their royalty. For the compensation, it suggested a method of calculating the Container Terminal Facilities Leasing Fee to levy additional revenue by port authority.

A Study on Economic Operation for Liner-Fleet by Fluctuation of Fuel Oil Price - Focusing on the Case of 'H' Shipping Company -

  • Lee, Soo-Dong;Chang, Myung-Hee
    • Journal of Navigation and Port Research
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    • v.35 no.9
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    • pp.765-776
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    • 2011
  • For container shipping company, fuel oil prise is a considerable expense. Since 2008, fuel oil prises have risen dramatically. An increasing fuel oil price in container shipping, in the short term, is only partially compensated through surcharges and may affect earnings negatively. This study discusses the impact of an increasing fuel oil price and capital costs for vessels on the Asia-Europe trade of 'H' Shipping Company. According to the result of 'H' carrier's operation in 2008, there were no cost differences between 8 and 9 vessels operations in case of fuel oil price with USD 169/tons while adopting USD 31,818 as a fixed cost. We can expect that the fuel oil price will not go lower than USD 200/Ton on the basis of current high oil price phenomenon. When the fuel oil price is over USD 200/ton, 9 vessel operation is more economic than 8 vessel operation even if the fixed cost is over USD 35,000.

Hull Form Development of 5,000TEU Class Container Carrier considering the Operation Profile (Operation Profile을 고려한 5,000TEU급 컨테이너선 선형개발)

  • Kim, Jin-Woo;Park, Sung-Woo;Lee, Pyung-Kuk;Lee, Wang-Soo;Sun, Jae-Ouk
    • Special Issue of the Society of Naval Architects of Korea
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    • 2017.10a
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    • pp.59-62
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    • 2017
  • Recently oil price has got lower, but energy efficiency has been considered as an important factor to minimize ship operational costs and reduce greenhouse gas emissions. For the reason, it is necessary that energy efficiency improvement for hull form design and operational performance reflect an understanding of the vessel's operational profile. Throughout the life of the vessel, this can lead to important economies of fuel, even if, in some cases, a small penalty can be taken for design condition. In the present paper, hull form was developed for 5,000TEU class container carrier at given operation profile. As a CFD result at several design point, optimized hull form has improved resistance performance in comparison with the basis hull form. To reducing the viscosity and the wave resistance at multi draft and multi speed, the hull form was investigated for Cp-curve, frame and local shape. Numerical study has been performed using WAVIS & Star-CCM+ and verified by model test in the towing tank.

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A Study on Economical efficiency Analysis by Handling Capacity and the Size of Container Terminal (컨테이너 터미널의 하역능력과 규모에 따른 경제성 분석에 관한 연구)

  • Woo Seung-Hwa;Song Yong-Seok;Nam Ki-Chan;Kwak Kyu-Seok
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2004.11a
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    • pp.127-132
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    • 2004
  • Most q the domestic container terminals are inferior to throughput q container. The reason why they have the difference between the handling capacity q planed quay and its real. By putting into quay handling equipment, the productivity of quay can be improved, waiting rate q the ship can be lowed. This paper suggests more resonable terminal construction, throughout comparing with previous construction way, improved handling capacity and the economical efficiency of equipment costs, labor costs, construction costs, operation costs on change of terminal size by adding the equipment.

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