IDEAS home Printed from https://ideas.repec.org/a/hin/jnlmpe/3997361.html
   My bibliography  Save this article

Container Shipping Scheduling Method Based on the Evidence Reasoning Approach in Fluctuating CCFI and BDI Cycle

Author

Listed:
  • Yisong Xu
  • Xinyu Zhuang
  • Yuan Wei Du

Abstract

Due to the COVID-19/Omicron pandemic and the trade war and tariffs between China and America, the supply chain between Asia and America, or Asia and Europe, faced unprecedented challenges. With the outbreak of the Russian-Ukrainian war, the global supply chain has become increasingly unbalanced. In particular, the shortage of container ships and the continuous fluctuation of the BDI and CCFI make shipping scheduling increasingly important for ocean carriers. To solve this problem, in this study, we propose an analytic approach considering the fluctuation of BDI and CCFI based on interval evidence reasoning and the Hungarian algorithm. The proposed approach uses two pairs of nonlinear optimisation models to construct a Nash equilibrium assignment model to compute the shipping company’s scheduling and maximum utility in the CCFI and BDI cycles. Compared to the simulation algorithm, the analytical algorithm can take advantage of stability and efficiency. Finally, a COSCO company’s container shipping scheduling problem was examined to demonstrate the efficiency and effectiveness of the proposed approach.

Suggested Citation

  • Yisong Xu & Xinyu Zhuang & Yuan Wei Du, 2022. "Container Shipping Scheduling Method Based on the Evidence Reasoning Approach in Fluctuating CCFI and BDI Cycle," Mathematical Problems in Engineering, Hindawi, vol. 2022, pages 1-10, July.
  • Handle: RePEc:hin:jnlmpe:3997361
    DOI: 10.1155/2022/3997361
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/mpe/2022/3997361.pdf
    Download Restriction: no

    File URL: http://downloads.hindawi.com/journals/mpe/2022/3997361.xml
    Download Restriction: no

    File URL: https://libkey.io/10.1155/2022/3997361?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hin:jnlmpe:3997361. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.