Bunker procurement strategies in liner shipping companies : optimising vessel speed to accommodate bunker price fluctuations

• Main Author: Nur Amalina Jumadi.
• Other Authors: Teo Chee Chong
• Format: Final Year Project
• Language: English
• Published: 2010
• Subjects: DRNTU::Engineering::Maritime studies::Maritime management and business
• Online Access: http://hdl.handle.net/10356/40061
• Institution: Nanyang Technological University

The shipping industry has struggled with severe business setting in 2009 and is probable to face the same state of affairs in 2010. In addition, to the unfavorable economic conditions, bunker prices have been escalating at an alarming rate. As the bunker fuel price accounts for almost 60% of the ope...