The problem of optimal container vessels deployment is one of great significance for the liner shipping industry. Although the pioneering work on this problem dates back to the early 1990s, only until recently have researchers started to acknowledge and account for the significant amount of...

One important problem faced by the liner shipping industry is the fleet deployment problem. In this problem, the number and type of vessels to be assigned to the various shipping routes need to be determined, in such a way that profit is maximized, while at the same time ensuring that (most of...

Containerized transport by liner shipping companies is a multi billion dollar industry carrying a major part of the world trade between suppliers and customers. The liner shipping industry has come under stress in the last few years due to the economic crisis, increasing fuel costs, and capacity...

This work expounds on implementing an effective dynamic (s,S) policy to solve a liner shipping refueling and speed determination problem under both bunker prices and consumption uncertainties. While solving an optimization model which incorporates a continuous distribution is extremely...

As bunker fuel cost constitutes a major portion of the shipping liners’ operating cost, it is imperative for them to minimize the bunkering cost to remain competitive. Service contract with a fuel supplier is a strategy they venture on to reduce this cost. Typically, liner operators enter into...

It has been stated that the meaning of higher efficiency is equivalent to being more competitive and profitable for enterprise operations. Using insights from fundamental analysis, the purpose of this study is to investigate the relative operational performance and market efficiency of liner...

There are over 20 'components' in an international door-to-door transportation, ranging from warehousing and distribution, to forwarding, documentation, transportation, customs clearance, etc.. As tariffs in ocean transportation tend to converge due to competition and service homogenization,...

Container paths play an important role in liner shipping services with container transshipment operations. In the literature, link-based multi-commodity flow formulations are widely used for container routing. However, they have two deficiencies: the level of service in terms of the...

A mixed integer linear programming formulation is proposed for the simultaneous design of network and fleet deployment of a deep-sea liner service provider. The underlying network design problem is based on a 4-index (5-index by considering capacity type) formulation of the hub location problem...

This paper proposes a liner ship fleet deployment (LSFD) problem with container transshipment operations. The proposed problem is formulated as a mixed-integer linear programming model which allows container transshipment operations at any port, any number of times, without explicitly defining...