Speed optimization for green maritime transportation

      Department of Systems Engineering and Engineering Management
                             The Chinese University of Hong Kong
Speaker:  Harilaos N. Psaraftis Technical University of Denmark
Title: Speed optimization for green maritime transportation
Among the spectrum of logistics – based measures for green maritime transportation, in this talk we discuss speed optimization. This involves the selection of an appropriate speed by the vessel, so as to optimize a certain objective.  As ship speed is not fixed, depressed shipping markets and/or high fuel prices induce slow steaming which is being practised in many sectors of the shipping industry. In recent years the environmental dimension of slow steaming has also become important, as ship emissions are directly proportional to fuel burned. Win-win solutions are sought, but they will not necessarily be possible. We present some basics, discuss the main trade-offs and also examine combined speed and route optimization problems.  We finally present some examples so as to highlight the main issues that are at play.
Short bio:
Harilaos N. Psaraftis is Professor at the Technical University of Denmark (DTU), Department of Management Engineering. He has a diploma from the National Technical University of Athens (NTUA) (1974), and two M.Sc. degrees (1977) and a Ph.D. (1979) from MIT, USA. He has been Assistant and Associate Professor at MIT from 1979 to 1989 and Professor at NTUA from 1989 to 2013.  He has participated in 20 or so EU projects, and  has coordinated 3 of them, including project SuperGreen on European green corridors (2010-2013). He has been a member and chairman of various groups at the IMO, and has also served as CEO of the Piraeus Port Authority (1996 -2002). He has published extensively and has received several academic and industry awards. His latest book is entitled “Green Transportation Logistics: The Quest for Win-Win Solutions” (Springer International Series in Operations Research and Management Science, 2016).
This seminar is hosted by Prof. Janny Leung.
Venue: Room 513,
      William M.W. Mong Engineering Building (ERB),
      (Engineering Building Complex Phase 2)
      The Chinese University of Hong Kong.
Friday, May 13, 2016 - 03:00 to 04:00