Arctic shipping - a study on feasibility and future impact on warehousing/shipping routes/shipbuilding

Sailing through the Arctic Ocean via the Northern Sea Route (NSR) gives a saving of around 40% on the sailing distance from East Asia (Yokohama) to Northern Europe (Hamburg) as compared to the current Suez Canal route. However, this 40% reduction in distance does not correspond to a 40% of cost savi...

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Main Author: Wong, Suet Peng.
Other Authors: Lum Kit Meng
Format: Final Year Project
Language:English
Published: 2011
Subjects:
Online Access:http://hdl.handle.net/10356/45451
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-454512023-03-03T17:04:08Z Arctic shipping - a study on feasibility and future impact on warehousing/shipping routes/shipbuilding Wong, Suet Peng. Lum Kit Meng School of Civil and Environmental Engineering DRNTU::Engineering::Maritime studies Sailing through the Arctic Ocean via the Northern Sea Route (NSR) gives a saving of around 40% on the sailing distance from East Asia (Yokohama) to Northern Europe (Hamburg) as compared to the current Suez Canal route. However, this 40% reduction in distance does not correspond to a 40% of cost saving due to many factors, such as higher construction cost for ice-classed vessels, non-regularity of schedule due to the ever-changing ice conditions, slower sailing speed, navigation difficulties, higher risk, hefty icebreaking service fees and etc.In this research study, NSR’s economic feasibility is examined using voyage simulation where 4,300 TEU container ships (normal open water, normal ice-classed and Aker Arctic double-acting ship) are employed, each make year round service between Yokohama and Hamburg. The annual total cost per TEU shipped by normal open water ship via Suez Canal is compared to the annual total cost per TEU shipped incurred from the ice-classed ships (normal ice-classed and Aker Arctic double-acting ship), taking NSR during the navigable months and Suez Canal for the rest of the year. To make this study flexible, length of NSR navigation season has been divided into three options (3/6/9 months per year). Bachelor of Science (Maritime Studies) 2011-06-14T00:39:55Z 2011-06-14T00:39:55Z 2011 2011 Final Year Project (FYP) http://hdl.handle.net/10356/45451 en Nanyang Technological University 76 p. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic DRNTU::Engineering::Maritime studies
spellingShingle DRNTU::Engineering::Maritime studies
Wong, Suet Peng.
Arctic shipping - a study on feasibility and future impact on warehousing/shipping routes/shipbuilding
description Sailing through the Arctic Ocean via the Northern Sea Route (NSR) gives a saving of around 40% on the sailing distance from East Asia (Yokohama) to Northern Europe (Hamburg) as compared to the current Suez Canal route. However, this 40% reduction in distance does not correspond to a 40% of cost saving due to many factors, such as higher construction cost for ice-classed vessels, non-regularity of schedule due to the ever-changing ice conditions, slower sailing speed, navigation difficulties, higher risk, hefty icebreaking service fees and etc.In this research study, NSR’s economic feasibility is examined using voyage simulation where 4,300 TEU container ships (normal open water, normal ice-classed and Aker Arctic double-acting ship) are employed, each make year round service between Yokohama and Hamburg. The annual total cost per TEU shipped by normal open water ship via Suez Canal is compared to the annual total cost per TEU shipped incurred from the ice-classed ships (normal ice-classed and Aker Arctic double-acting ship), taking NSR during the navigable months and Suez Canal for the rest of the year. To make this study flexible, length of NSR navigation season has been divided into three options (3/6/9 months per year).
author2 Lum Kit Meng
author_facet Lum Kit Meng
Wong, Suet Peng.
format Final Year Project
author Wong, Suet Peng.
author_sort Wong, Suet Peng.
title Arctic shipping - a study on feasibility and future impact on warehousing/shipping routes/shipbuilding
title_short Arctic shipping - a study on feasibility and future impact on warehousing/shipping routes/shipbuilding
title_full Arctic shipping - a study on feasibility and future impact on warehousing/shipping routes/shipbuilding
title_fullStr Arctic shipping - a study on feasibility and future impact on warehousing/shipping routes/shipbuilding
title_full_unstemmed Arctic shipping - a study on feasibility and future impact on warehousing/shipping routes/shipbuilding
title_sort arctic shipping - a study on feasibility and future impact on warehousing/shipping routes/shipbuilding
publishDate 2011
url http://hdl.handle.net/10356/45451
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