Optimising containership speed and fleet size under a carbon tax and an emission trading scheme
by Jae-Gon Kim; Hwa-Joong Kim; Paul Tae-Woo Lee
International Journal of Shipping and Transport Logistics (IJSTL), Vol. 5, No. 6, 2013

Abstract: This paper addresses the problem of determining the ship speed, fleet size, and chartered ship number subject to environmental regulations consisting of a carbon tax and an emission trading scheme. The objective of the problem is to minimise bunker consumption cost, ship operating cost, ship charterage and either the carbon tax or the revenue/cost of selling/purchasing CO₂ emissions permits. We formulate the problems as non-linear programmes by considering the two regulations independently. This study also suggests Lagrangian heuristics to solve the problems. A case study is performed to evaluate the applicability of the heuristics.

Online publication date: Fri, 28-Feb-2014

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Shipping and Transport Logistics (IJSTL):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com