The Northwest Passage: A simulation

We model shipping through the Northwest Passage in northern Canada in order to see if reported recent ice thinning has made this route economic relative to the Panama Canal. Container shipping between Yokohama to New York and St. Johns, Newfoundland is simulated by VSLAM for the two routes using blu...

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Main Authors: Somanathan, Saran, Flynn, Peter, Szymanski, Jozef
Format: Article in Journal/Newspaper
Language:unknown
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S0965-8564(08)00144-4
id ftrepec:oai:RePEc:eee:transa:v:43:y:2009:i:2:p:127-135
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spelling ftrepec:oai:RePEc:eee:transa:v:43:y:2009:i:2:p:127-135 2024-04-14T08:07:13+00:00 The Northwest Passage: A simulation Somanathan, Saran Flynn, Peter Szymanski, Jozef http://www.sciencedirect.com/science/article/pii/S0965-8564(08)00144-4 unknown http://www.sciencedirect.com/science/article/pii/S0965-8564(08)00144-4 article ftrepec 2024-03-19T10:31:55Z We model shipping through the Northwest Passage in northern Canada in order to see if reported recent ice thinning has made this route economic relative to the Panama Canal. Container shipping between Yokohama to New York and St. Johns, Newfoundland is simulated by VSLAM for the two routes using bluewater ships for the Panama Canal and identically sized Canadian Arctic Class 3 (CAC3) ships for the Northwest Passage. Each route is broken into a series of logical legs, and environmental conditions and wait times are assigned. Ice conditions are modeled from historical records. Average speed through the Northwest Passage shows little seasonal variation. Round trips per year are higher through the Northwest Passage. The required freight rate (RFR) to recover all costs including capital recovery is calculated. RFR is slightly lower for the St. Johns to Yokohama transit using the Northwest Passage, and higher for the New York to Yokohama route, as compared to the Panama Canal. Possible future thinning of Arctic ice would further improve the economics of the Northwest Passage. Simulation Marine transport cost Northwest Passage Ice navigation Article in Journal/Newspaper Arctic Newfoundland Northwest passage RePEc (Research Papers in Economics) Arctic Canada Northwest Passage
institution Open Polar
collection RePEc (Research Papers in Economics)
op_collection_id ftrepec
language unknown
description We model shipping through the Northwest Passage in northern Canada in order to see if reported recent ice thinning has made this route economic relative to the Panama Canal. Container shipping between Yokohama to New York and St. Johns, Newfoundland is simulated by VSLAM for the two routes using bluewater ships for the Panama Canal and identically sized Canadian Arctic Class 3 (CAC3) ships for the Northwest Passage. Each route is broken into a series of logical legs, and environmental conditions and wait times are assigned. Ice conditions are modeled from historical records. Average speed through the Northwest Passage shows little seasonal variation. Round trips per year are higher through the Northwest Passage. The required freight rate (RFR) to recover all costs including capital recovery is calculated. RFR is slightly lower for the St. Johns to Yokohama transit using the Northwest Passage, and higher for the New York to Yokohama route, as compared to the Panama Canal. Possible future thinning of Arctic ice would further improve the economics of the Northwest Passage. Simulation Marine transport cost Northwest Passage Ice navigation
format Article in Journal/Newspaper
author Somanathan, Saran
Flynn, Peter
Szymanski, Jozef
spellingShingle Somanathan, Saran
Flynn, Peter
Szymanski, Jozef
The Northwest Passage: A simulation
author_facet Somanathan, Saran
Flynn, Peter
Szymanski, Jozef
author_sort Somanathan, Saran
title The Northwest Passage: A simulation
title_short The Northwest Passage: A simulation
title_full The Northwest Passage: A simulation
title_fullStr The Northwest Passage: A simulation
title_full_unstemmed The Northwest Passage: A simulation
title_sort northwest passage: a simulation
url http://www.sciencedirect.com/science/article/pii/S0965-8564(08)00144-4
geographic Arctic
Canada
Northwest Passage
geographic_facet Arctic
Canada
Northwest Passage
genre Arctic
Newfoundland
Northwest passage
genre_facet Arctic
Newfoundland
Northwest passage
op_relation http://www.sciencedirect.com/science/article/pii/S0965-8564(08)00144-4
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