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The Shipper's perspective on slow steaming - Study of Six Swedish companies

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  • Finnsgård, Christian
  • Kalantari, Joakim
  • Roso, Violeta
  • Woxenius, Johan

Abstract

Trans-ocean liner shipping companies adopt slow steaming during periods when the market is characterised by low demand, high fuel prices, low freight rates and overcapacity. The most recent instance in which this occurred was the period following the 2008/2009 global financial crises, and the speeds have not yet rebounded to the pre-crisis levels. Most of the existing research regarding slow steaming takes environmental, economic and maritime engineering perspectives, meaning that the phenomenon is studied from the viewpoint of ship owners. The purpose of this paper is to explore the effects of slow steaming from the shipper's perspective.

Suggested Citation

  • Finnsgård, Christian & Kalantari, Joakim & Roso, Violeta & Woxenius, Johan, 2020. "The Shipper's perspective on slow steaming - Study of Six Swedish companies," Transport Policy, Elsevier, vol. 86(C), pages 44-49.
    • Handle: RePEc:eee:trapol:v:86:y:2020:i:c:p:44-49
    DOI: 10.1016/j.tranpol.2019.10.005
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    References listed on IDEAS

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    2. Bianca Borca & Lisa-Maria Putz & Florian Hofbauer, 2021. "Crises and Their Effects on Freight Transport Modes: A Literature Review and Research Framework," Sustainability, MDPI, vol. 13(10), pages 1-21, May.
    3. Seyedvahid Vakili & Fabio Ballini & Alessandro Schönborn & Anastasia Christodoulou & Dimitrios Dalaklis & Aykut I. Ölçer, 2023. "Assessing the macroeconomic and social impacts of slow steaming in shipping: a literature review on small island developing states and least developed countries," Journal of Shipping and Trade, Springer, vol. 8(1), pages 1-25, December.
    4. Dongping Song, 2021. "A Literature Review, Container Shipping Supply Chain: Planning Problems and Research Opportunities," Logistics, MDPI, vol. 5(2), pages 1-26, June.
    5. Riccardo Giusti & Daniele Manerba & Roberto Tadei, 2021. "Smart Steaming: A New Flexible Paradigm for Synchromodal Logistics," Sustainability, MDPI, vol. 13(9), pages 1-21, April.
    6. Yang, Jialin & Ge, Ying-En & Li, Kevin X., 2022. "Measuring volatility spillover effects in dry bulk shipping market," Transport Policy, Elsevier, vol. 125(C), pages 37-47.

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