Robust bunker management for liner shipping networks

Shuaian Wang, Qiang Meng

Research output: Journal article publicationJournal articleAcademic researchpeer-review

40 Citations (Scopus)

Abstract

This paper examines the sailing speed of containerships and refueling of bunker in a liner shipping network while considering that the real speed may deviate from the planned one. It develops a mixed-integer nonlinear optimization model to minimize the total cost consisting of ship cost, bunker cost, and inventory cost, under the worst-case bunker consumption scenario. A close-form expression for the worst-case bunker consumption is derived and three linearization techniques are proposed to transform the nonlinear model to a mixed-integer linear programming formulation. A case study based on the Asia-Europe-Oceania network of a global liner shipping company demonstrates the applicability of the proposed model and interesting managerial insights are obtained.
Original languageEnglish
Pages (from-to)789-797
Number of pages9
JournalEuropean Journal of Operational Research
Volume243
Issue number3
DOIs
Publication statusPublished - 1 Jan 2015
Externally publishedYes

Keywords

  • Bunker
  • Container liner shipping
  • Refill port
  • Sailing speed
  • Transportation

ASJC Scopus subject areas

  • Modelling and Simulation
  • Management Science and Operations Research
  • Information Systems and Management

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