4.7 Article

Robust bunker management for liner shipping networks

期刊

EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
卷 243, 期 3, 页码 789-797

出版社

ELSEVIER SCIENCE BV
DOI: 10.1016/j.ejor.2014.12.049

关键词

Transportation; Container liner shipping; Bunker; Sailing speed; Refill port

资金

  1. project Big Shipping Log Data Driven Ship Fuel Efficiency Analysis and Management: Model Building & Software Development - NOL Fellowship Programme of Singapore (WBS) [R-302-000-123-720]

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This paper examines the sailing speed of containerships and refueling of bunker in a liner shipping network while considering that the real speed may deviate from the planned one. It develops a mixed-integer nonlinear optimization model to minimize the total cost consisting of ship cost, bunker cost, and inventory cost, under the worst-case bunker consumption scenario. A close-form expression for the worst-case bunker consumption is derived and three linearization techniques are proposed to transform the nonlinear model to a mixed-integer linear programming formulation. A case study based on the Asia-Europe-Oceania network of a global liner shipping company demonstrates the applicability of the proposed model and interesting managerial insights are obtained. Published by Elsevier B.V.

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