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Sailing speed optimization for container ships in a liner shipping network

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  • Wang, Shuaian
  • Meng, Qiang

Abstract

This paper first calibrates the bunker consumption – sailing speed relation for container ships using historical operating data from a global liner shipping company. It proceeds to investigate the optimal sailing speed of container ships on each leg of each ship route in a liner shipping network while considering transshipment and container routing. This problem is formulated as a mixed-integer nonlinear programming model. In view of the convexity, non-negativity, and univariate properties of the bunker consumption function, an efficient outer-approximation method is proposed to obtain an ε-optimal solution with a predetermined optimality tolerance level ε. The proposed model and algorithm is applied to a real case study for a global liner shipping company.

Suggested Citation

  • Wang, Shuaian & Meng, Qiang, 2012. "Sailing speed optimization for container ships in a liner shipping network," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 48(3), pages 701-714.
    • Handle: RePEc:eee:transe:v:48:y:2012:i:3:p:701-714
    DOI: 10.1016/j.tre.2011.12.003
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