EFFICIENCY OF TRAMP FLEET OPERATING UNDER THE CONTRACTS OF AFFREIGHTMENT

The paper considers the vessels operating on carriages of bulk cargoes to get the maximum profit for the shipowner as his main goal. The items in search are the long-term contracts of affreightment with some clauses indicated as indeterminate values, that can be described using a range of values. It...

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Main Authors: Yuliia KOSKINA, Svitlana ONYSHENKO, Oleksii DROZHZHYN, Oleksii MELNYK
Format: Article
Language:English
Published: Silesian University of Technology 2023-09-01
Series:Scientific Journal of Silesian University of Technology. Series Transport
Subjects:
Online Access:https://sjsutst.polsl.pl/archives/2023/vol120/137_SJSUTST120_2023_Koskina_Onyshenko_Drozhzhyn_Melnyk.pdf
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author Yuliia KOSKINA
Svitlana ONYSHENKO
Oleksii DROZHZHYN
Oleksii MELNYK
author_facet Yuliia KOSKINA
Svitlana ONYSHENKO
Oleksii DROZHZHYN
Oleksii MELNYK
author_sort Yuliia KOSKINA
collection DOAJ
description The paper considers the vessels operating on carriages of bulk cargoes to get the maximum profit for the shipowner as his main goal. The items in search are the long-term contracts of affreightment with some clauses indicated as indeterminate values, that can be described using a range of values. It leads to a range of voyage indicators. The vessels’ deployment for getting the maximum profit depends on the market situation that is to say possible changes in vessels' time-charter rates and freight rates. This paper presents the mathematical model, based on the fleet and volumes of carriages under a set of contracts of affreightment during the due time. It includes the necessity for the commitment fulfilment by owned and time-chartered vessels and takes into account possible changes in freight rates for cargoes carriages. The presented numerical example demonstrates the opportunity for practical implementation of the model.
format Article
id doaj-art-dee212971cf149c0a364ca3f8aaecf26
institution Kabale University
issn 0209-3324
2450-1549
language English
publishDate 2023-09-01
publisher Silesian University of Technology
record_format Article
series Scientific Journal of Silesian University of Technology. Series Transport
spelling doaj-art-dee212971cf149c0a364ca3f8aaecf262025-01-02T22:36:31ZengSilesian University of TechnologyScientific Journal of Silesian University of Technology. Series Transport0209-33242450-15492023-09-0112013714910.20858/sjsutst.2023.120.9EFFICIENCY OF TRAMP FLEET OPERATING UNDER THE CONTRACTS OF AFFREIGHTMENTYuliia KOSKINASvitlana ONYSHENKOOleksii DROZHZHYNOleksii MELNYKThe paper considers the vessels operating on carriages of bulk cargoes to get the maximum profit for the shipowner as his main goal. The items in search are the long-term contracts of affreightment with some clauses indicated as indeterminate values, that can be described using a range of values. It leads to a range of voyage indicators. The vessels’ deployment for getting the maximum profit depends on the market situation that is to say possible changes in vessels' time-charter rates and freight rates. This paper presents the mathematical model, based on the fleet and volumes of carriages under a set of contracts of affreightment during the due time. It includes the necessity for the commitment fulfilment by owned and time-chartered vessels and takes into account possible changes in freight rates for cargoes carriages. The presented numerical example demonstrates the opportunity for practical implementation of the model.https://sjsutst.polsl.pl/archives/2023/vol120/137_SJSUTST120_2023_Koskina_Onyshenko_Drozhzhyn_Melnyk.pdftramp shippingcontracts of affreightmentvessels' operatingvessels deploymentbulk-carrier vessel
spellingShingle Yuliia KOSKINA
Svitlana ONYSHENKO
Oleksii DROZHZHYN
Oleksii MELNYK
EFFICIENCY OF TRAMP FLEET OPERATING UNDER THE CONTRACTS OF AFFREIGHTMENT
Scientific Journal of Silesian University of Technology. Series Transport
tramp shipping
contracts of affreightment
vessels' operating
vessels deployment
bulk-carrier vessel
title EFFICIENCY OF TRAMP FLEET OPERATING UNDER THE CONTRACTS OF AFFREIGHTMENT
title_full EFFICIENCY OF TRAMP FLEET OPERATING UNDER THE CONTRACTS OF AFFREIGHTMENT
title_fullStr EFFICIENCY OF TRAMP FLEET OPERATING UNDER THE CONTRACTS OF AFFREIGHTMENT
title_full_unstemmed EFFICIENCY OF TRAMP FLEET OPERATING UNDER THE CONTRACTS OF AFFREIGHTMENT
title_short EFFICIENCY OF TRAMP FLEET OPERATING UNDER THE CONTRACTS OF AFFREIGHTMENT
title_sort efficiency of tramp fleet operating under the contracts of affreightment
topic tramp shipping
contracts of affreightment
vessels' operating
vessels deployment
bulk-carrier vessel
url https://sjsutst.polsl.pl/archives/2023/vol120/137_SJSUTST120_2023_Koskina_Onyshenko_Drozhzhyn_Melnyk.pdf
work_keys_str_mv AT yuliiakoskina efficiencyoftrampfleetoperatingunderthecontractsofaffreightment
AT svitlanaonyshenko efficiencyoftrampfleetoperatingunderthecontractsofaffreightment
AT oleksiidrozhzhyn efficiencyoftrampfleetoperatingunderthecontractsofaffreightment
AT oleksiimelnyk efficiencyoftrampfleetoperatingunderthecontractsofaffreightment