The Impact of Fuel Oils Price on the Vessels' Sailing Speed-A Case Study of Liner Shipping Industry / 燃油價格變動對於船舶航行速度影響之研究-以定期航運業者為例

碩士 / 中國文化大學 / 國際企業管理學系 / 100 / There is a difference between shipping industry and other industries in charging methods. Owing to the commercial ventures, carriers would charge shippers many kinds of surcharges other than ocean freight rate. The rising oil price in recent years has had significant effect on the price of marine fuel oil. It is hardly surprising that carriers started using Bunker Adjustment Factor (BAF) in 2002 to hedge the risk arising from bunker price.

BAF has always been a bond of contention between carriers and shippers, and it has already been one of the main obstacles to the dialog between both parties. In addition to the overall price of fuel, the business environment changes, the political situation and the transfer of growth and decline of natural resources, shipping companies must adopt different strategies to cope with the volatility of oil prices and the speed of navigation. By examining the trade routes of Asia to Europe and Asia to North America published by Containerization International Yearbook during the period 2002~ 2008, we could find the relationship between the price of marine fuel oil on vessels’ sailing speed.

Identiferoai:union.ndltd.org:TW/100PCCU1321004
Date January 2012
CreatorsGuo, I-Lung, 郭義隆
ContributorsChen, Yung-Yen, 陳勇諺
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format80

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