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Feasibility study of a commercial sh...

Somanathan, Saran.

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Feasibility study of a commercial shipping route through the Canadian Arctic.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Feasibility study of a commercial shipping route through the Canadian Arctic./
Author:	Somanathan, Saran.
Description:	148 p.
Notes:	Source: Masters Abstracts International, Volume: 44-02, page: 1043.
Contained By:	Masters Abstracts International44-02.
Subject:	Operations Research. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=MR08151
ISBN:	9780494081518

Feasibility study of a commercial shipping route through the Canadian Arctic.
Somanathan, Saran.

Feasibility study of a commercial shipping route through the Canadian Arctic. - 148 p.

Source: Masters Abstracts International, Volume: 44-02, page: 1043.

Thesis (M.Sc.)--University of Alberta (Canada), 2005.

It was reported in the general press that global warming has resulted in the thawing of the Arctic seas and, hence, in a shorter trade route to Asia from North America. This present study using simulation techniques was conducted, to verify the feasibility of a commercial shipping venture if such an opportunity exists. A general purpose simulation language, VSLAM was used to check the trafficability. The economic performance was evaluated by estimating the required freight rate. For this purpose, a stochastic cost model was constructed, and a spreadsheet simulation experiment was conducted. Based on the required freight rate, it was found that the venture would be viable in the Asia-to-Canada trade route, even at an incremental capital requirement of 50%. The sensitivity of the "required freight rate" to various inputs was checked, and was found to be most sensitive to capital cost followed by, power demand in ice.

ISBN: 9780494081518Subjects--Topical Terms:

626629
Operations Research.

Feasibility study of a commercial shipping route through the Canadian Arctic.
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245 1 0 $a Feasibility study of a commercial shipping route through the Canadian Arctic.
300 $a 148 p.
500 $a Source: Masters Abstracts International, Volume: 44-02, page: 1043.
502 $a Thesis (M.Sc.)--University of Alberta (Canada), 2005.
520 $a It was reported in the general press that global warming has resulted in the thawing of the Arctic seas and, hence, in a shorter trade route to Asia from North America. This present study using simulation techniques was conducted, to verify the feasibility of a commercial shipping venture if such an opportunity exists. A general purpose simulation language, VSLAM was used to check the trafficability. The economic performance was evaluated by estimating the required freight rate. For this purpose, a stochastic cost model was constructed, and a spreadsheet simulation experiment was conducted. Based on the required freight rate, it was found that the venture would be viable in the Asia-to-Canada trade route, even at an incremental capital requirement of 50%. The sensitivity of the "required freight rate" to various inputs was checked, and was found to be most sensitive to capital cost followed by, power demand in ice.
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650 4 $a Operations Research. $3 626629
650 4 $a Engineering, Marine and Ocean. $3 1019064
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773 0 $t Masters Abstracts International $g 44-02.
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791 $a M.Sc.
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