Investigation of energy efficiency and environmental effects on valuation for bulk carriers

KORAY M., Ziya Sogut M.

International Journal of Global Warming, cilt.25, sa.3-4, ss.353-365, 2021 (SCI-Expanded, Scopus) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 25 Sayı: 3-4
  • Basım Tarihi: 2021
  • Doi Numarası: 10.1504/ijgw.2021.119005
  • Dergi Adı: International Journal of Global Warming
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus, CAB Abstracts, INSPEC, Veterinary Science Database, Civil Engineering Abstracts
  • Sayfa Sayıları: ss.353-365
  • Anahtar Kelimeler: Bulk carriers, Efficiency, Energy, Exergy, Ship valuation
  • İstanbul Kent Üniversitesi Adresli: Hayır

Özet

Dry cargo vessels consume high energies. Despite the low freight rates, shipowners have to operate their ships in compliance with eco-friendly regulations. The study aims to determine dry cargo vessels' valuation considering energy efficiency and environmental effects. Average energy performance regarding fuel consumption for 30 voyages was calculated as 31.54% within the study. A one-degree temperature reduction in this load distribution was found a 5.27% savings, with 510.31 tons. Accordingly, it is concluded that the ship's value increased to 1.4 million USD at the end of its economic life.