Publications (Excerpt)

2024

[182413]
Title: Analyzing the economic benefit of unmanned autonomous ships: An exploratory cost-comparison between an autonomous and a conventional bulk carrier.
Written by: Kretschmann, Lutz and Burmeister, Hans-Christoph and Jahn, Carlos
in: <em>Research in Transportation Business & Management</em>. (2017).
Volume: <strong>25</strong>. Number:
on pages: 76-86
Chapter:
Editor:
Publisher:
Series:
Address:
Edition:
ISBN:
how published:
Organization:
School:
Institution:
Type:
DOI: https://doi.org/10.1016/j.rtbm.2017.06.002
URL: https://www.sciencedirect.com/science/article/pii/S2210539516301328
ARXIVID:
PMID:

[www]

Note: New developments in the Global Transport of Commodity Products

Abstract: Unmanned autonomous ships are seen as a key element of a competitive and sustainable European shipping industry in future. But even if the technology to further automate ships will principally be available at some point, this does not imply that autonomous vessels are also the superior choice for the ship owner. In the end the success of autonomous vessels depends on their impact on the profitability of shipping companies. Following a structured approach this paper analyzes the costs of running an autonomous bulker and compares them against a conventional vessel in a cost-benefit analysis. Hereby it provides insights on the (economic) benefit of autonomous vessels for a first-time. Results principally confirm an economic potential. The expected present value of cost of owning and operating the autonomous bulker over a 25-year period is mUSD 4.3 lower than for a conventionally manned ship. Assuming identical cargo carrying capacity this means that the required freight rate of the autonomous bulker which produces a zero net present value is 3.4% lower than the required freight rate of the conventional vessel. This advantageousness is based on one aspect in particular as the paper argues. Besides cost savings associated with reducing crew levels an autonomous ship brings along additional benefits due to changes in ship design

2023

[182413]
Title: Analyzing the economic benefit of unmanned autonomous ships: An exploratory cost-comparison between an autonomous and a conventional bulk carrier.
Written by: Kretschmann, Lutz and Burmeister, Hans-Christoph and Jahn, Carlos
in: <em>Research in Transportation Business & Management</em>. (2017).
Volume: <strong>25</strong>. Number:
on pages: 76-86
Chapter:
Editor:
Publisher:
Series:
Address:
Edition:
ISBN:
how published:
Organization:
School:
Institution:
Type:
DOI: https://doi.org/10.1016/j.rtbm.2017.06.002
URL: https://www.sciencedirect.com/science/article/pii/S2210539516301328
ARXIVID:
PMID:

[www]

Note: New developments in the Global Transport of Commodity Products

Abstract: Unmanned autonomous ships are seen as a key element of a competitive and sustainable European shipping industry in future. But even if the technology to further automate ships will principally be available at some point, this does not imply that autonomous vessels are also the superior choice for the ship owner. In the end the success of autonomous vessels depends on their impact on the profitability of shipping companies. Following a structured approach this paper analyzes the costs of running an autonomous bulker and compares them against a conventional vessel in a cost-benefit analysis. Hereby it provides insights on the (economic) benefit of autonomous vessels for a first-time. Results principally confirm an economic potential. The expected present value of cost of owning and operating the autonomous bulker over a 25-year period is mUSD 4.3 lower than for a conventionally manned ship. Assuming identical cargo carrying capacity this means that the required freight rate of the autonomous bulker which produces a zero net present value is 3.4% lower than the required freight rate of the conventional vessel. This advantageousness is based on one aspect in particular as the paper argues. Besides cost savings associated with reducing crew levels an autonomous ship brings along additional benefits due to changes in ship design

2022

[182413]
Title: Analyzing the economic benefit of unmanned autonomous ships: An exploratory cost-comparison between an autonomous and a conventional bulk carrier.
Written by: Kretschmann, Lutz and Burmeister, Hans-Christoph and Jahn, Carlos
in: <em>Research in Transportation Business & Management</em>. (2017).
Volume: <strong>25</strong>. Number:
on pages: 76-86
Chapter:
Editor:
Publisher:
Series:
Address:
Edition:
ISBN:
how published:
Organization:
School:
Institution:
Type:
DOI: https://doi.org/10.1016/j.rtbm.2017.06.002
URL: https://www.sciencedirect.com/science/article/pii/S2210539516301328
ARXIVID:
PMID:

[www]

Note: New developments in the Global Transport of Commodity Products

Abstract: Unmanned autonomous ships are seen as a key element of a competitive and sustainable European shipping industry in future. But even if the technology to further automate ships will principally be available at some point, this does not imply that autonomous vessels are also the superior choice for the ship owner. In the end the success of autonomous vessels depends on their impact on the profitability of shipping companies. Following a structured approach this paper analyzes the costs of running an autonomous bulker and compares them against a conventional vessel in a cost-benefit analysis. Hereby it provides insights on the (economic) benefit of autonomous vessels for a first-time. Results principally confirm an economic potential. The expected present value of cost of owning and operating the autonomous bulker over a 25-year period is mUSD 4.3 lower than for a conventionally manned ship. Assuming identical cargo carrying capacity this means that the required freight rate of the autonomous bulker which produces a zero net present value is 3.4% lower than the required freight rate of the conventional vessel. This advantageousness is based on one aspect in particular as the paper argues. Besides cost savings associated with reducing crew levels an autonomous ship brings along additional benefits due to changes in ship design

2021

[182413]
Title: Analyzing the economic benefit of unmanned autonomous ships: An exploratory cost-comparison between an autonomous and a conventional bulk carrier.
Written by: Kretschmann, Lutz and Burmeister, Hans-Christoph and Jahn, Carlos
in: <em>Research in Transportation Business & Management</em>. (2017).
Volume: <strong>25</strong>. Number:
on pages: 76-86
Chapter:
Editor:
Publisher:
Series:
Address:
Edition:
ISBN:
how published:
Organization:
School:
Institution:
Type:
DOI: https://doi.org/10.1016/j.rtbm.2017.06.002
URL: https://www.sciencedirect.com/science/article/pii/S2210539516301328
ARXIVID:
PMID:

[www]

Note: New developments in the Global Transport of Commodity Products

Abstract: Unmanned autonomous ships are seen as a key element of a competitive and sustainable European shipping industry in future. But even if the technology to further automate ships will principally be available at some point, this does not imply that autonomous vessels are also the superior choice for the ship owner. In the end the success of autonomous vessels depends on their impact on the profitability of shipping companies. Following a structured approach this paper analyzes the costs of running an autonomous bulker and compares them against a conventional vessel in a cost-benefit analysis. Hereby it provides insights on the (economic) benefit of autonomous vessels for a first-time. Results principally confirm an economic potential. The expected present value of cost of owning and operating the autonomous bulker over a 25-year period is mUSD 4.3 lower than for a conventionally manned ship. Assuming identical cargo carrying capacity this means that the required freight rate of the autonomous bulker which produces a zero net present value is 3.4% lower than the required freight rate of the conventional vessel. This advantageousness is based on one aspect in particular as the paper argues. Besides cost savings associated with reducing crew levels an autonomous ship brings along additional benefits due to changes in ship design

2020

[182413]
Title: Analyzing the economic benefit of unmanned autonomous ships: An exploratory cost-comparison between an autonomous and a conventional bulk carrier.
Written by: Kretschmann, Lutz and Burmeister, Hans-Christoph and Jahn, Carlos
in: <em>Research in Transportation Business & Management</em>. (2017).
Volume: <strong>25</strong>. Number:
on pages: 76-86
Chapter:
Editor:
Publisher:
Series:
Address:
Edition:
ISBN:
how published:
Organization:
School:
Institution:
Type:
DOI: https://doi.org/10.1016/j.rtbm.2017.06.002
URL: https://www.sciencedirect.com/science/article/pii/S2210539516301328
ARXIVID:
PMID:

[www]

Note: New developments in the Global Transport of Commodity Products

Abstract: Unmanned autonomous ships are seen as a key element of a competitive and sustainable European shipping industry in future. But even if the technology to further automate ships will principally be available at some point, this does not imply that autonomous vessels are also the superior choice for the ship owner. In the end the success of autonomous vessels depends on their impact on the profitability of shipping companies. Following a structured approach this paper analyzes the costs of running an autonomous bulker and compares them against a conventional vessel in a cost-benefit analysis. Hereby it provides insights on the (economic) benefit of autonomous vessels for a first-time. Results principally confirm an economic potential. The expected present value of cost of owning and operating the autonomous bulker over a 25-year period is mUSD 4.3 lower than for a conventionally manned ship. Assuming identical cargo carrying capacity this means that the required freight rate of the autonomous bulker which produces a zero net present value is 3.4% lower than the required freight rate of the conventional vessel. This advantageousness is based on one aspect in particular as the paper argues. Besides cost savings associated with reducing crew levels an autonomous ship brings along additional benefits due to changes in ship design

2019

[182413]
Title: Analyzing the economic benefit of unmanned autonomous ships: An exploratory cost-comparison between an autonomous and a conventional bulk carrier.
Written by: Kretschmann, Lutz and Burmeister, Hans-Christoph and Jahn, Carlos
in: <em>Research in Transportation Business & Management</em>. (2017).
Volume: <strong>25</strong>. Number:
on pages: 76-86
Chapter:
Editor:
Publisher:
Series:
Address:
Edition:
ISBN:
how published:
Organization:
School:
Institution:
Type:
DOI: https://doi.org/10.1016/j.rtbm.2017.06.002
URL: https://www.sciencedirect.com/science/article/pii/S2210539516301328
ARXIVID:
PMID:

[www]

Note: New developments in the Global Transport of Commodity Products

Abstract: Unmanned autonomous ships are seen as a key element of a competitive and sustainable European shipping industry in future. But even if the technology to further automate ships will principally be available at some point, this does not imply that autonomous vessels are also the superior choice for the ship owner. In the end the success of autonomous vessels depends on their impact on the profitability of shipping companies. Following a structured approach this paper analyzes the costs of running an autonomous bulker and compares them against a conventional vessel in a cost-benefit analysis. Hereby it provides insights on the (economic) benefit of autonomous vessels for a first-time. Results principally confirm an economic potential. The expected present value of cost of owning and operating the autonomous bulker over a 25-year period is mUSD 4.3 lower than for a conventionally manned ship. Assuming identical cargo carrying capacity this means that the required freight rate of the autonomous bulker which produces a zero net present value is 3.4% lower than the required freight rate of the conventional vessel. This advantageousness is based on one aspect in particular as the paper argues. Besides cost savings associated with reducing crew levels an autonomous ship brings along additional benefits due to changes in ship design

2018

[182413]
Title: Analyzing the economic benefit of unmanned autonomous ships: An exploratory cost-comparison between an autonomous and a conventional bulk carrier.
Written by: Kretschmann, Lutz and Burmeister, Hans-Christoph and Jahn, Carlos
in: <em>Research in Transportation Business & Management</em>. (2017).
Volume: <strong>25</strong>. Number:
on pages: 76-86
Chapter:
Editor:
Publisher:
Series:
Address:
Edition:
ISBN:
how published:
Organization:
School:
Institution:
Type:
DOI: https://doi.org/10.1016/j.rtbm.2017.06.002
URL: https://www.sciencedirect.com/science/article/pii/S2210539516301328
ARXIVID:
PMID:

[www]

Note: New developments in the Global Transport of Commodity Products

Abstract: Unmanned autonomous ships are seen as a key element of a competitive and sustainable European shipping industry in future. But even if the technology to further automate ships will principally be available at some point, this does not imply that autonomous vessels are also the superior choice for the ship owner. In the end the success of autonomous vessels depends on their impact on the profitability of shipping companies. Following a structured approach this paper analyzes the costs of running an autonomous bulker and compares them against a conventional vessel in a cost-benefit analysis. Hereby it provides insights on the (economic) benefit of autonomous vessels for a first-time. Results principally confirm an economic potential. The expected present value of cost of owning and operating the autonomous bulker over a 25-year period is mUSD 4.3 lower than for a conventionally manned ship. Assuming identical cargo carrying capacity this means that the required freight rate of the autonomous bulker which produces a zero net present value is 3.4% lower than the required freight rate of the conventional vessel. This advantageousness is based on one aspect in particular as the paper argues. Besides cost savings associated with reducing crew levels an autonomous ship brings along additional benefits due to changes in ship design

2017

[182413]
Title: Analyzing the economic benefit of unmanned autonomous ships: An exploratory cost-comparison between an autonomous and a conventional bulk carrier.
Written by: Kretschmann, Lutz and Burmeister, Hans-Christoph and Jahn, Carlos
in: <em>Research in Transportation Business & Management</em>. (2017).
Volume: <strong>25</strong>. Number:
on pages: 76-86
Chapter:
Editor:
Publisher:
Series:
Address:
Edition:
ISBN:
how published:
Organization:
School:
Institution:
Type:
DOI: https://doi.org/10.1016/j.rtbm.2017.06.002
URL: https://www.sciencedirect.com/science/article/pii/S2210539516301328
ARXIVID:
PMID:

[www]

Note: New developments in the Global Transport of Commodity Products

Abstract: Unmanned autonomous ships are seen as a key element of a competitive and sustainable European shipping industry in future. But even if the technology to further automate ships will principally be available at some point, this does not imply that autonomous vessels are also the superior choice for the ship owner. In the end the success of autonomous vessels depends on their impact on the profitability of shipping companies. Following a structured approach this paper analyzes the costs of running an autonomous bulker and compares them against a conventional vessel in a cost-benefit analysis. Hereby it provides insights on the (economic) benefit of autonomous vessels for a first-time. Results principally confirm an economic potential. The expected present value of cost of owning and operating the autonomous bulker over a 25-year period is mUSD 4.3 lower than for a conventionally manned ship. Assuming identical cargo carrying capacity this means that the required freight rate of the autonomous bulker which produces a zero net present value is 3.4% lower than the required freight rate of the conventional vessel. This advantageousness is based on one aspect in particular as the paper argues. Besides cost savings associated with reducing crew levels an autonomous ship brings along additional benefits due to changes in ship design

2016

[182413]
Title: Analyzing the economic benefit of unmanned autonomous ships: An exploratory cost-comparison between an autonomous and a conventional bulk carrier.
Written by: Kretschmann, Lutz and Burmeister, Hans-Christoph and Jahn, Carlos
in: <em>Research in Transportation Business & Management</em>. (2017).
Volume: <strong>25</strong>. Number:
on pages: 76-86
Chapter:
Editor:
Publisher:
Series:
Address:
Edition:
ISBN:
how published:
Organization:
School:
Institution:
Type:
DOI: https://doi.org/10.1016/j.rtbm.2017.06.002
URL: https://www.sciencedirect.com/science/article/pii/S2210539516301328
ARXIVID:
PMID:

[www]

Note: New developments in the Global Transport of Commodity Products

Abstract: Unmanned autonomous ships are seen as a key element of a competitive and sustainable European shipping industry in future. But even if the technology to further automate ships will principally be available at some point, this does not imply that autonomous vessels are also the superior choice for the ship owner. In the end the success of autonomous vessels depends on their impact on the profitability of shipping companies. Following a structured approach this paper analyzes the costs of running an autonomous bulker and compares them against a conventional vessel in a cost-benefit analysis. Hereby it provides insights on the (economic) benefit of autonomous vessels for a first-time. Results principally confirm an economic potential. The expected present value of cost of owning and operating the autonomous bulker over a 25-year period is mUSD 4.3 lower than for a conventionally manned ship. Assuming identical cargo carrying capacity this means that the required freight rate of the autonomous bulker which produces a zero net present value is 3.4% lower than the required freight rate of the conventional vessel. This advantageousness is based on one aspect in particular as the paper argues. Besides cost savings associated with reducing crew levels an autonomous ship brings along additional benefits due to changes in ship design

2015

[182413]
Title: Analyzing the economic benefit of unmanned autonomous ships: An exploratory cost-comparison between an autonomous and a conventional bulk carrier.
Written by: Kretschmann, Lutz and Burmeister, Hans-Christoph and Jahn, Carlos
in: <em>Research in Transportation Business & Management</em>. (2017).
Volume: <strong>25</strong>. Number:
on pages: 76-86
Chapter:
Editor:
Publisher:
Series:
Address:
Edition:
ISBN:
how published:
Organization:
School:
Institution:
Type:
DOI: https://doi.org/10.1016/j.rtbm.2017.06.002
URL: https://www.sciencedirect.com/science/article/pii/S2210539516301328
ARXIVID:
PMID:

[www]

Note: New developments in the Global Transport of Commodity Products

Abstract: Unmanned autonomous ships are seen as a key element of a competitive and sustainable European shipping industry in future. But even if the technology to further automate ships will principally be available at some point, this does not imply that autonomous vessels are also the superior choice for the ship owner. In the end the success of autonomous vessels depends on their impact on the profitability of shipping companies. Following a structured approach this paper analyzes the costs of running an autonomous bulker and compares them against a conventional vessel in a cost-benefit analysis. Hereby it provides insights on the (economic) benefit of autonomous vessels for a first-time. Results principally confirm an economic potential. The expected present value of cost of owning and operating the autonomous bulker over a 25-year period is mUSD 4.3 lower than for a conventionally manned ship. Assuming identical cargo carrying capacity this means that the required freight rate of the autonomous bulker which produces a zero net present value is 3.4% lower than the required freight rate of the conventional vessel. This advantageousness is based on one aspect in particular as the paper argues. Besides cost savings associated with reducing crew levels an autonomous ship brings along additional benefits due to changes in ship design

2014

[182413]
Title: Analyzing the economic benefit of unmanned autonomous ships: An exploratory cost-comparison between an autonomous and a conventional bulk carrier.
Written by: Kretschmann, Lutz and Burmeister, Hans-Christoph and Jahn, Carlos
in: <em>Research in Transportation Business & Management</em>. (2017).
Volume: <strong>25</strong>. Number:
on pages: 76-86
Chapter:
Editor:
Publisher:
Series:
Address:
Edition:
ISBN:
how published:
Organization:
School:
Institution:
Type:
DOI: https://doi.org/10.1016/j.rtbm.2017.06.002
URL: https://www.sciencedirect.com/science/article/pii/S2210539516301328
ARXIVID:
PMID:

[www]

Note: New developments in the Global Transport of Commodity Products

Abstract: Unmanned autonomous ships are seen as a key element of a competitive and sustainable European shipping industry in future. But even if the technology to further automate ships will principally be available at some point, this does not imply that autonomous vessels are also the superior choice for the ship owner. In the end the success of autonomous vessels depends on their impact on the profitability of shipping companies. Following a structured approach this paper analyzes the costs of running an autonomous bulker and compares them against a conventional vessel in a cost-benefit analysis. Hereby it provides insights on the (economic) benefit of autonomous vessels for a first-time. Results principally confirm an economic potential. The expected present value of cost of owning and operating the autonomous bulker over a 25-year period is mUSD 4.3 lower than for a conventionally manned ship. Assuming identical cargo carrying capacity this means that the required freight rate of the autonomous bulker which produces a zero net present value is 3.4% lower than the required freight rate of the conventional vessel. This advantageousness is based on one aspect in particular as the paper argues. Besides cost savings associated with reducing crew levels an autonomous ship brings along additional benefits due to changes in ship design

2013

[182413]
Title: Analyzing the economic benefit of unmanned autonomous ships: An exploratory cost-comparison between an autonomous and a conventional bulk carrier.
Written by: Kretschmann, Lutz and Burmeister, Hans-Christoph and Jahn, Carlos
in: <em>Research in Transportation Business & Management</em>. (2017).
Volume: <strong>25</strong>. Number:
on pages: 76-86
Chapter:
Editor:
Publisher:
Series:
Address:
Edition:
ISBN:
how published:
Organization:
School:
Institution:
Type:
DOI: https://doi.org/10.1016/j.rtbm.2017.06.002
URL: https://www.sciencedirect.com/science/article/pii/S2210539516301328
ARXIVID:
PMID:

[www]

Note: New developments in the Global Transport of Commodity Products

Abstract: Unmanned autonomous ships are seen as a key element of a competitive and sustainable European shipping industry in future. But even if the technology to further automate ships will principally be available at some point, this does not imply that autonomous vessels are also the superior choice for the ship owner. In the end the success of autonomous vessels depends on their impact on the profitability of shipping companies. Following a structured approach this paper analyzes the costs of running an autonomous bulker and compares them against a conventional vessel in a cost-benefit analysis. Hereby it provides insights on the (economic) benefit of autonomous vessels for a first-time. Results principally confirm an economic potential. The expected present value of cost of owning and operating the autonomous bulker over a 25-year period is mUSD 4.3 lower than for a conventionally manned ship. Assuming identical cargo carrying capacity this means that the required freight rate of the autonomous bulker which produces a zero net present value is 3.4% lower than the required freight rate of the conventional vessel. This advantageousness is based on one aspect in particular as the paper argues. Besides cost savings associated with reducing crew levels an autonomous ship brings along additional benefits due to changes in ship design