A survey on maritime fleet size and mix problems

Giovanni Pantuso, Kjetil Fagerholt and Lars Magnus Hvattum

European Journal of Operational Research, 2014, vol. 235, issue 2, 341-349

Abstract: This paper presents a literature survey on the fleet size and mix problem in maritime transportation. Fluctuations in the shipping market and frequent mismatches between fleet capacities and demands highlight the relevance of the problem and call for more accurate decision support. After analyzing the available scientific literature on the problem and its variants and extensions, we summarize the state of the art and highlight the main contributions of past research. Furthermore, by identifying important real life aspects of the problem which past research has failed to capture, we uncover the main areas where more research will be needed.

Keywords: Logistics; Maritime transportation; Fleet planning (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (33)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:235:y:2014:i:2:p:341-349

DOI: 10.1016/j.ejor.2013.04.058

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