In this study,two integrated game models are developed to explore the possible economic and environmental consequences of Emission control areas(ECA)regulations.Moreover,the analytical solutions compared with a benchm...In this study,two integrated game models are developed to explore the possible economic and environmental consequences of Emission control areas(ECA)regulations.Moreover,the analytical solutions compared with a benchmark case are derived.We find that vessel speed and SO_(2)emissions will decrease under the ECA regulations.However,shipping company’s level of competition has no effect on the equivalent speed.The equivalent freight volume to be reduced or increased is determined by the additional operational cost per voyage due to ECA regulations.Numerical study and sensitivity analysis reveal that the vessel speed and SO_(2)emission reduction are very sensitive to the inventory costs of intransit cargo.Furthermore,if low-sulphur marine gas oil is used throughout the voyage,the SO_(2)emission reduction may be greater than 80%,with a low impact on the shipping company’s profit.Thus,considering the environmental effects,much stricter limits can be set in the future.展开更多
文摘In this study,two integrated game models are developed to explore the possible economic and environmental consequences of Emission control areas(ECA)regulations.Moreover,the analytical solutions compared with a benchmark case are derived.We find that vessel speed and SO_(2)emissions will decrease under the ECA regulations.However,shipping company’s level of competition has no effect on the equivalent speed.The equivalent freight volume to be reduced or increased is determined by the additional operational cost per voyage due to ECA regulations.Numerical study and sensitivity analysis reveal that the vessel speed and SO_(2)emission reduction are very sensitive to the inventory costs of intransit cargo.Furthermore,if low-sulphur marine gas oil is used throughout the voyage,the SO_(2)emission reduction may be greater than 80%,with a low impact on the shipping company’s profit.Thus,considering the environmental effects,much stricter limits can be set in the future.
