Navigating Eca-Zones

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Navigating Eca-Zones

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dc.contributor.author Hansen, Carsten Ørts
dc.contributor.author Grønsedt, Peter
dc.contributor.author Hendriksen, Christian
dc.contributor.author Graversen, Christian
dc.date.accessioned 2016-09-12T13:35:55Z
dc.date.available 2016-09-12T13:35:55Z
dc.date.issued 2016-09-12
dc.identifier.isbn 9788793262041
dc.identifier.uri http://hdl.handle.net/10398/9350
dc.description.abstract This report examines the effect that ECA-zone regulation has on the optimal vessel fuel strategies for compliance. The findings of this report are trifold, and this report is coupled with a calculation tool which is released to assist ship-owners in the ECA decision making. The first key insight is the substantial impact of the current and future oil price on the optimal compliance strategies ship-owners choose when complying with the new air emission requirements for vessels. The oil price determines the attractiveness of investing in asset modification for compliance, given the capital investment required. Operating on low-Sulphur fuels remains favourable with a low oil price, as the price spread between high- and low-Sulphur does not outweigh the price of asset investments. Ship-owners who are contemplating future compliance strategies should monitor the developments of the global oil price, and consider how much time their operated vessels navigate the ECA in the future. en_US
dc.format.extent 94 en_US
dc.language eng en_US
dc.publisher Department of Operations Management en_US
dc.title Navigating Eca-Zones en_US
dc.type rp en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Institut for Produktion og Erhvervsøkonomi en_US
dc.contributor.departmentshort PEØ en_US
dc.contributor.departmentuk Department of Operations Management en_US
dc.contributor.departmentukshort OM en_US
dc.publisher.city Frederiksberg en_US
dc.publisher.year 2016 en_US
dc.title.subtitle Regulation and Decision-Making en_US


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