Integrating fleet deployment into liner shipping vessel repositioning

Daniel Wetzel and Kevin Tierney ()

Transportation Research Part E: Logistics and Transportation Review, 2020, vol. 143, issue C

Abstract: Liner carriers must regularly adjust their shipping networks to respond to competitors and changing seasonal customer demands. They do this by selecting and moving ships between routes. State-of-the-art approaches decompose this into two separate problems. We propose an integrated mathematical model and matheuristic for the liner shipping fleet deployment and repositioning problem that jointly optimizes the choice of vessels for routes and the cost of moving vessels to their assignments. We use real-world data to show that simultaneously optimizing deployment and repositioning can result in significant cost reduction over solving the problems independently.

Keywords: Liner shipping; Fleet repositioning; Fleet deployment; Maritime optimization (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (6)

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DOI: 10.1016/j.tre.2020.102101

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