Conflict of Interest in Deep‐Draft Anchorage Usage—Application of QT

Due to ever‐increasing demands on our ports and harbors from both industrial and recreational users, conflicts of interest concerning anchorages, marinas, and water‐dependent industrial plants will become more and more common as our economies grow. This paper develops a theoretical methodology to study the economic impact of eliminating anchorage space in a deep‐draft anchorage system. The theoretical framework consists of a standard queueing model adapted to an anchorage system with random arrivals and departures and a stochastically formulated cost function. The model structure is applied to the Lower Mississippi anchorage system under various assumptions related to arrivals, staying times, and other basic cost additions that might occur.