• Title/Summary/Keyword: Voyage Cost

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The Effects of Slow Steaming on the Liners' Operating Strategy

  • Woo, Jong-Kyun
    • Journal of Navigation and Port Research
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    • v.38 no.6
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    • pp.567-575
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    • 2014
  • In recent times, an obvious strategy in liner shipping markets that has come to the fore is slow steaming. Nowadays, most liner shipping companies have decelerated the voyage speed to 15-18 knots on major routes, and some leading liner shipping companies have a plan to reduce it to below 15 knots. Slow steaming is helpful in reducing the operating cost and the amount of greenhouse-gas emissions on a single vessel with lower fuel consumption. However, it also creates various negative effects such as the opportunity cost, additional fixed costs and an in-transit inventory cost on a loop. Hence, the net operating cost on a loop is changing dynamically due to the changes of voyage speed based on various slow steaming effects. The aim of this study is to analyze the slow steaming effects in the liner shipping, and to find the best voyage speed that minimizes the operating cost on a loop. Moreover, this study suggests the recommendable strategy for liner shipping companies. To achieve the aim of this study, a simulation model has been designed using System Dynamics.

A Study on Optimized Size of a Mobile Harbor for South Korea Coastal Service

  • Heo, Sung-Kuk;Park, Nam-Kyu
    • Journal of Navigation and Port Research
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    • v.35 no.2
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    • pp.159-165
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    • 2011
  • The aim of paper is to calculate the optimized size of Mobile Harbor(MH) which would be operated in South Korea coast area. MH is the combined entity which has the function of both ship and container port. In estimating the optimized size, the total cost concept is applied to the different size of MH. Trade-off factors for calculating total cost are MH cost and the over-capacity lost cost. The factors for MH cost estimation are the cargo demand, distance from origin to destination, voyage route and MH's fixed and variable cost in both sailing and port. The other cost is the over-capacity lost cost which is occurred from dead space in case of oversize compared with a voyage demand. The alternatives for the least cost are 250TEU, 500TEU, 750TEU and 1,000TEU sized vessel. The result of research is that 250TEU sized vessel is optimized in a South Korea costal service. If the coastal area be separated in terms of voyage distance or the specific area in considering trade, the optimized size is changed depending upon distance.

Technical Analysis on Existing Ship's Economical Operation (운항선 중심의 선박 경제운항 관리의 기술적 분석)

  • Kang, Nam-seon;Kim, Yong-dae;Yoon, Hyeon-kyu;Byeon, Sang-su
    • Journal of Advanced Navigation Technology
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    • v.20 no.6
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    • pp.519-527
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    • 2016
  • The present study is concept research on the operation cost management of shipping firms, especially considering technology for economical ship operation of existing ships in units of voyage. The factors that influence economical ship operation management were identified by analyzing the current status of the shipping industry, the development of economical ship operation technologies, technological requirements, and the cost factors of ship operation. Economical operation of existing ships, especially, the economical operation of the units of each voyage, may minimize fuel cost and port charges. This requires low-load streaming cruise control, ballast control, optimal trim, optimal routing, terminal work efficiency improvement, and ship energy management. Optimal routing and terminal work efficiency improvement manage the time saved. To determine the low-load streaming, cruise control, ballast control, optimal trim and ship energy management are meeting the recommendations.

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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A Development Study on the Evaporation Type Large Fresh Water Generator (대형 저압 증발식 조수기 개발)

  • 김병덕;송치성;김경근;김종헌;김용모
    • Journal of Advanced Marine Engineering and Technology
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    • v.18 no.4
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    • pp.1-12
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    • 1994
  • Most merchant ships are supplied with the only essential fresh water from a port for economical cargo transportation and the reduction of a nevigation expense. And the deficient fresh water for a voyage is produced by fresh water generator with the various exhaust energy generated in the engine room on a voyage. At present, an evaporation type fresh water generator are extensively used on ship because the operating cost of it is lower than that of a reverse osmosis pressure type. This study introduce a development results on the large evaporation type fresh water generator enable to be used for large merchant ships. It is accomplished the performance test using the developed large fresh water generator.

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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.

A Heuristic Model for Appropriation of Voyage Allocation under Specific Port Condition Using Regression Analyses - With a Case Analysis on POSCO-owned Port - (휴리스틱 회귀모델을 이용한 특정항만 조건하에서의 선형별 적정 항차배분에 관한 연구 - 포항제철(주) 전용항만 사례를 중심으로-)

  • Kim, Weonjae
    • Journal of Korea Port Economic Association
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    • v.29 no.3
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    • pp.159-174
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    • 2013
  • This paper mainly deals with the appropriation of ship voyage allocation, using a heuristic regression model, in order to reduce total costs incurred in port, yard and at sea under the specific port condition. Because of different behavior of costs incurred in port, yard and at sea, an effort to minimize these costs by adjusting the number of voyages for three ship classes(50,000, 100,000, and 150,000-ton) should be made. For instance, if the port managers attempt to reduce the sea transport cost by increasing the annual allocated number of ship voyages classed 150,000-ton for economies of scale, they have no choice but to suffer a significant increase in queueing cost due to port congestion. To put it differently, there are trade-off relationships among the costs incurred in port, yard, and at sea. We utilized a computer simulation result to perform a couple of regression analyses in order to figure out the appropriate range of allocated number of voyages of each ship class using a heuristic approach. The detailed analytical results will be shown at the main paper. We also suggested a net present value(NPV) model to make a proper investment decision for an additional berth of 200,000-ton class that alleviates port congestion and reduces transport cost incurred both in port and at sea.

A correlation method for high-frequency response of a cargo during dry transport in high seas

  • Vinayan, Vimal;Zou, Jun
    • Ocean Systems Engineering
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    • v.6 no.2
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    • pp.143-159
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    • 2016
  • Cargo, such as a Tension Leg Platform (TLP), Semi-submersible platform (Semi), Spar or a circular Floating Production Storage and Offloading (FPSO), are frequently dry-transported on a Heavy Lift Vessel (HLV) from the point of construction to the point of installation. The voyage can span months and the overhanging portions of the hull can be subject to frequent wave slamming events in rough weather. Tie-downs or sea-fastening are usually provided to ensure the safety of the cargo during the voyage and to keep the extreme responses of the cargo, primarily for the installed equipment and facilities, within the design limits. The proper design of the tie-down is dependent on the accurate prediction of the wave slamming loads the cargo will experience during the voyage. This is a difficult task and model testing is a widely accepted and adopted method to obtain reliable sea-fastening loads and extreme accelerations. However, it is crucial to realize the difference in the inherent stiffness of the instrument that is used to measure the tri-axial sea fastening loads and the prototype design of the tie-downs. It is practically not possible to scale the tri-axial load measuring instrument stiffness to reflect the real tie-down stiffness during tests. A correlation method is required to systematically and consistently account for the stiffness differences and correct the measured results. Direct application of the measured load tends to be conservative and lead to over-design that can reflect on the overall cost and schedule of the project. The objective here is to employ the established correlation method to provide proper high-frequency responses to topsides and hull design teams. In addition, guidance for optimizing tie-down design to avoid damage to the installed equipment, facilities and structural members can be provided.

A Study on VDR System for a Small Fishing Vessel (소형어선을 위한 VDR 시스템에 관한 연구)

  • Yoo, Nam-Hyun
    • The Journal of the Korea institute of electronic communication sciences
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    • v.11 no.11
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    • pp.1025-1030
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    • 2016
  • The big problem of accidents at sea is negligent watch, it causes collision, fender bender, stranding, rollover, and sinking of fishing vessel. Most accidents happens without an eyewitness, it is difficult to identify the cause of the accident. VDR(: Voyage Data Recorder) is needed to identify a cause of the accident, the VDR is not usually used for fishing vessel because of high cost. Thus, this paper designs and develops a VDR system for fishing vessel. If the system is used, cause of a sea accident can be quickly identified. Also, a VDR system can be used for appropriate measures to fix a cause of the accident. Finally, it also can be helpful to prevent maritime accidents.

A Study on Ships Optimal Speed, Deadweight and Their Economy (On the Operations of Common Bulk Carriers Under the Various Managerial Circumstances of Shipping Companies) (상선의 최적속력 및 적화중량톤과 경제성에 관한 연구 ( 일반살적화물선에 있어서 해운운영상의 여건변동을 중심으로 ))

  • 양시권
    • Journal of the Korean Institute of Navigation
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    • v.7 no.2
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    • pp.65-113
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    • 1983
  • A lot of studies of ship's economy are on the traditional fields such asreducing propulsion resistance, raising cargo handling rates and lessening building consts, but there are few researches on the merchant ship's economy concerning their deadweights and speeds according to shipping companies managerial cercumstances. Contrary to the contemporary trend that "the bigger, the better, if the cargo handling rate could increased sufficiently to hold down port time to that rate of smmaler vessels", this paper demonstrates the existence of certain limits in ship's size and speed according to the coditions of the freight rates, voyage distances, cargo handing rates, prices of fuel oil, interst rates etc. Fom the curves of criteria contour for various ship's deadweights and speeds which are depicted from the gird search method, one can get the costs and the yearly profit rates under the conditiions of large volume with long term contracts for the transportation of bulk cargoes. In estimating ship's transportation economy, the auther takes the position that the profit rate method is properer than the cost method, and introduces the calculation table of the voyage profit rate index. The use of the criteria contours will be of help to ship owners in determining the size and speed of the ship which will be built or purchased and serve in a certain trade route.

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