%0 Journal Article %T Option of operating speed for vessels under low-carbon economy %A Gang Li %A Huan Xu %A Wei Liu %J Journal of Industrial Engineering and Management %D 2013 %I %R 10.3926/jiem.660 %X Purpose: To find out ships' optimum operating speed under low-carbon economy. Approach: First, it analyzes the relations between ship¡¯s carbon emission and the operating speed, gets the optimum speed under which the entire fleet emit minimum carbon, then establishes the relations between the ship owner¡¯s profit and the speed, extracts the speed under which the ship owner can gain the maximum profit and founds out it¡¯s different from the speed under which the entire fleet emit minimum carbon. Findings: The government must take effective measures to make the ship owner slowdown and reduce emission. Originality: It first works out a balance point between the decrease of carbon emission brought by a lower operating speed and the increase of that caused by more vessels putting into service in a mathematical method. %K Shipping industry %K Low carbon emission %K Vessel speed %K Shipowner¡¯s profit %U http://www.jiem.org/index.php/jiem/article/view/660