Economic Value of the International Ice Patrol.

Abstract

An approach for estimating the economic value of the International Ice Patrol (IIP) to the shipping interests of a country is developed. The ship routing method that uses IIP products is compared with an approach that uses historical information (climatology) about the iceberg limits. The additional cost of transiting using climatology (compared to IIP routing) is the economic value of the International Ice Patrol for one voyage. An example using a typical US containership is developed to estimate the return on investment to the United States of the economic benefit of IIP to United States shipping. The economic value is a measure that can be used to understand how the International Ice Patrol benefits the shipping interests of a nation and to quantify that benefit.

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Document Details

Document Type
Technical Report
Publication Date
Jan 01, 1997
Accession Number
ADA323740

Entities

People

  • Clark W. Pritchett

Tags

Communities of Interest

  • Ground and Sea Platforms

DTIC Thesaurus Topics

  • Aircrafts
  • Airplanes
  • Coast Guard
  • Commerce
  • Costs
  • Economic Analysis
  • Economic Models
  • Governments
  • Indirect Costs
  • Investments
  • New York
  • Northern Europe
  • Shipping
  • Side Looking Radar
  • Transportation
  • United States
  • United States Government

Readers

  • Life Cycle Cost Analysis
  • Naval Architecture and Marine Engineering.
  • Polar and Arctic Studies