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

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

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.

Suggested Citation

  • De, Arijit & Choudhary, Alok & Turkay, Metin & Tiwari, Manoj K., 2021. "Bunkering policies for a fuel bunker management problem for liner shipping networks," European Journal of Operational Research, Elsevier, vol. 289(3), pages 927-939.
    • Handle: RePEc:eee:ejores:v:289:y:2021:i:3:p:927-939
    DOI: 10.1016/j.ejor.2019.07.044
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    7. Yanhui Chen & Jinrong Lu & Mengmeng Ma, 2022. "How Does Oil Future Price Imply Bunker Price—Cointegration and Prediction Analysis," Energies, MDPI, vol. 15(10), pages 1-17, May.
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