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The Shipper's perspective on slow steaming - Study of Six Swedish companies

Journal article
Authors C. Finnsgård
J. Kalantari
V. Roso
Johan Woxenius
Published in Transport Policy
Volume 86
Pages 44-49
ISSN 0967-070X
Publication year 2020
Published at Department of Business Administration
Pages 44-49
Language en
Links dx.doi.org/10.1016/j.tranpol.2019.1...
Keywords Inventory, Last mile, Shippers, Slow steaming, Slow steaming effects
Subject categories Transport Systems and Logistics

Abstract

Trans-ocean liner shipping companies adopt slow steaming during periods when the market is characterised by low demand, high fuel prices, low freight rates and overcapacity. The most recent instance in which this occurred was the period following the 2008/2009 global financial crises, and the speeds have not yet rebounded to the pre-crisis levels. Most of the existing research regarding slow steaming takes environmental, economic and maritime engineering perspectives, meaning that the phenomenon is studied from the viewpoint of ship owners. The purpose of this paper is to explore the effects of slow steaming from the shipper's perspective. © 2019

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