Best maritime transportation option for the Artic crude oil: A profit decision model - Archive ouverte HAL Access content directly
Journal Articles Transportation Research Part E: Logistics and Transportation Review Year : 2020

Best maritime transportation option for the Artic crude oil: A profit decision model

O. Faury
  • Function : Author
P. Givry
A. Cheaitou
  • Function : Author

Abstract

Navigation via the Northern Sea Route (NSR) requires specific vessels in omparison with the Suez Canal Route (SCR). We develop a profit decision model that defines the best option mixing the shipping lane (NSR or SCR) and the ice-class of the vessel (1A, 1AS, and Open Water (OW)) for oil producers operating in the Russian Arctic zone. The effects of the Brent barrel price, bunker cost and ice-thickness are analyzed. The best option depends in fact on the strategy implemented by the shipper. For instance, the solutions of a profit focused strategy or of a cost-oriented strategy are different.
Navigation via the Northern Sea Route (NSR) requires specific vessels in omparison with the Suez Canal Route (SCR). We develop a profit decision model that defines the best option mixing the shipping lane (NSR or SCR) and the ice-class of the vessel (1A, 1AS, and Open Water (OW)) for oil producers operating in the Russian Arctic zone. The effects of the Brent barrel price, bunker cost and ice-thickness are analyzed. The best option depends in fact on the strategy implemented by the shipper. For instance, the solutions of a profit focused strategy or of a cost-oriented strategy are different.
No file

Dates and versions

hal-03422199 , version 1 (09-11-2021)

Identifiers

  • HAL Id : hal-03422199 , version 1

Cite

O. Faury, P. Givry, A. Cheaitou. Best maritime transportation option for the Artic crude oil: A profit decision model: .. Transportation Research Part E: Logistics and Transportation Review, 2020. ⟨hal-03422199⟩

Collections

KEDGE-BS
32 View
0 Download

Share

Gmail Facebook X LinkedIn More