Development of Decision Making Techniques for Analysing the Designation of the Northern Sea Route (NSR)
The prospect of being able to shorten the route between Europe and the Far East using the NSR as a permanent shipping lane is attracting increasing interest. This is why the use of the NSR is now a major topic, especially in financial circles, amongst politicians, and shipping operators. Numerous ass...
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| Format: | Thesis |
| Language: | unknown |
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Liverpool John Moores University
2020
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| Online Access: | https://dx.doi.org/10.24377/ljmu.t.00013244 http://researchonline.ljmu.ac.uk/id/eprint/13244 |
| Summary: | The prospect of being able to shorten the route between Europe and the Far East using the NSR as a permanent shipping lane is attracting increasing interest. This is why the use of the NSR is now a major topic, especially in financial circles, amongst politicians, and shipping operators. Numerous assessments to determine the potential cost advantage of using the NSR as a transit route have been conducted throughout recent years. These are, however conflicting in their conclusions and a final answer to the question is therefore lacking. The primary aim of this research is the application of decision-making tools to analyse the current routes of the NSR. Accordingly, this will lead to the development of decision-making techniques that will formulate a tool for shipping companies to select the most cost-effective route(s) for travelling between the Far East and European regions. |
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