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Optimal fleet composition and periodic routing of offshore supply vessels

Elin E. Halvorsen-Weare, Kjetil Fagerholt, Lars Magne Nonås and Bjørn Egil Asbjørnslett

European Journal of Operational Research, 2012, vol. 223, issue 2, 508-517

Abstract: The supply vessel planning problem is a maritime transportation problem faced by amongst others the energy company Statoil. A set of offshore installations requires supplies from an onshore supply depot on a regular basis, a service performed by a fleet of offshore supply vessels. The problem consists of determining the optimal fleet composition of offshore supply vessels and their corresponding weekly voyages and schedules. We present a voyage-based solution method for the supply vessel planning problem. A computational study shows how the solution method can be used to solve real-life problems. Statoil has implemented a planning tool based on the voyage-based solution method and reports significant savings.

Keywords: Transportation; Fleet composition; Ship routing and scheduling; Supply operations; Periodic routing (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (20)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:223:y:2012:i:2:p:508-517

DOI: 10.1016/j.ejor.2012.06.017

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European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati

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