Bunkering policies for a fuel bunker management problem for liner shipping networks

Arijit De, Alok Choudhary, Metin Turkay and Manoj K. Tiwari

European Journal of Operational Research, 2021, vol. 289, issue 3, 927-939

Abstract: This paper investigates the problem of bunker fuel management for liner shipping networks under different fuel pricing scenarios and taking into consideration different fuel bunkering policies. The fuel consumption of a vessel on a sailing leg may fluctuate as the real vessel speed deviates from the planned vessel speed. Furthermore, fluctuation of fuel prices at various ports increases the complexity of bunkering decisions related to the selection of the bunkering ports and the estimation of bunkered fuel cost.

Keywords: Heuristics; Liner shipping; Bunker fuel management; Bunkering policies; Approximate algorithm (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:289:y:2021:i:3:p:927-939

DOI: 10.1016/j.ejor.2019.07.044

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