On the cost of ice: estimating the premium of Ice Class container vessels
Abstract
Cargo vessels navigating ice-infested waters have to comply with additional requirements including a strengthened hull and additional engine power, modifications that affect their operational economics. This paper analyses the additional cost of ice imposed on container vessels conforming to the most commonly used Finnish-Swedish Ice Class Rules. Cost estimations are based on descriptive statistics and regression analysis. The aim is to assess...
Paper Details
Title
On the cost of ice: estimating the premium of Ice Class container vessels
Published Date
May 3, 2017
Volume
21
Issue
2
Pages
207 - 222
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