Purpose: The bulk cargo shipping industry is characterized by high cost pressure. Chartering vessels at low prices is important to increase the margin of transporting cargo. This paper proposes a three-step, AI-based methodology to support this by forecasting the number of available ships in a...

Advances in the area of computing power, data storage capabilities, etc., are changing the way business is done, particularly regarding how businesses use and apply artificial intelligence. To better understand how artificial intelligence is used in supply chain management, this paper identifies...