Route Selection by Tankers(Dirty)at the Suez Canal

• 作 者: Risto Laulajainen
• 机 构: Gothenburg School of Business Economics and Law,
• 出 处: 中国海洋经济评论
• 发表日期: 2007年00期
• 关键词: break-even oil price opportunity cost traffic area Worldscale

The Suez Canal,attached route alternatives with traffic flows and areas are described and theoretical break-even points derived. Logistically,route selection depends on relative distances,the level of spot rates and canal dues,the sensitivity to change growing with rising rate levels.The connection is diluted by the canal /pipeline owners’ price differentiation and the charterers’ capital costs;interest on cargo and change of its value during transit.Ship-owners are largely neutral to route choice as long as rates and main cost items are directly related to distance.

The Suez Canal, attached route alternatives with traffic flows and areas are described and theoretical break-even points derived. Logistically, route selection depends on relative distances, the level of spot rates and canal dues, the sensitivity to changing growing with rising rate levels. The connection is diluted by the canal / pipeline owners ’price differentiation and the charterers’ capital costs; interest on cargo and change of its value during transit.Ship-owners are substantially neutral to route choice as long as rates and main cost items are directly related to distance