Sailing speed optimization for container ships in a liner shipping network

Shuaian Wang and Qiang Meng

Transportation Research Part E: Logistics and Transportation Review, 2012, vol. 48, issue 3, 701-714

Abstract: This paper first calibrates the bunker consumption – sailing speed relation for container ships using historical operating data from a global liner shipping company. It proceeds to investigate the optimal sailing speed of container ships on each leg of each ship route in a liner shipping network while considering transshipment and container routing. This problem is formulated as a mixed-integer nonlinear programming model. In view of the convexity, non-negativity, and univariate properties of the bunker consumption function, an efficient outer-approximation method is proposed to obtain an ε-optimal solution with a predetermined optimality tolerance level ε. The proposed model and algorithm is applied to a real case study for a global liner shipping company.

Keywords: Container liner shipping; Sailing speed; Bunker; Outer-approximation (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (127)

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DOI: 10.1016/j.tre.2011.12.003

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