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BREAK-EVEN ANALYSIS OF FUEL CONSUMPTION FOR SHIPS SAILING THROUGH THE SUEZ CANAL OR THE CAPE OF GOOD HOPE

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摘要


This study calculates the navigation efficiency for sailing through the Suez Canal and Cape of Good Hope. To this end, navigation efficiency was derived from the fuel consumption ratio and greenhouse gas emission levels. The research aims at identifying the travel costs of sailing to Rotterdam in Europe through the Suez Canal and Cape of Good Hope and proposing suggestions and policies based on the results. The preliminary research results show that the fuel consumption saved for the ship sailing through Suez Canal from the highest to the lowest is Singapore > Hong Kong > Kaohsiung > Shanghai > Busan; the carbon emission saved for the ship sailing through Suez Canal from the highest to the lowest is Singapore > Hong Kong > Kaohsiung > Shanghai > Busan. The higher the ratio of fuel consumption, the lower the navigation efficiency for the ship sailing through Suez Canal; thus, more fuel was consumed, and travel costs were higher. On the contrary, the lower the ratio, the higher the navigation efficiency; that is, less fuel was consumed, and travel costs were lower, which is relatively environment-friendly.

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