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Optimizing Liner Shipping Fleet Repositioning Plans

English · Paperback / Softback

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Description

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This monograph addresses several critical problems to the operations of shipping lines and ports, and provides algorithms and mathematical models for use by shipping lines and port authorities for decision support. One of these problems is the repositioning of container ships in a liner shipping network in order to adjust the network to seasonal shifts in demand or changes in the world economy. We provide the first problem description and mathematical model of repositioning and define the liner shipping fleet repositioning problem (LSFRP). The LSFRP is characterized by chains of interacting activities with a multi-commodity flow over paths defined by the activities chosen. We first model the problem without cargo flows with a variety of well-known optimization techniques, as well as using a novel method called linear temporal optimization planning that combines linear programming with partial-order planning in a branch-and-bound framework. We then model the LSFRP with cargo flows, using several different mathematical models as well as two heuristic approaches. We evaluate our techniques on a real-world dataset that includes a scenario from our industrial collaborator. We show that our approaches scale to the size of problems faced by industry, and are also able to improve the profit on the reference scenario by over US$14 million.

List of contents

Introduction.- Containerized Shipping.- Liner Shipping Fleet Repositioning.- Methodological Background.- Liner Shipping Fleet Repositioning without Cargo.- Liner Shipping Fleet Repositioning with Cargo.- Conclusion.

About the author

Kevin Tierney is currently an Assistant Professor of "Decision Support Systems and Operations Research" in the department of Business Information Systems at the University of Paderborn in Paderborn, Germany. He earned his PhD from the IT University of Copenhagen in Copenhagen, Denmark in 2013 for his work on optimizing liner shipping fleet repositioning plans as part of the ENERPLAN project. He holds a Sc.M. in Computer Science from Brown University (2010) and a B.S. in Computer Science from the Rochester Institute of Technology (2008).
Kevin Tierney researches the modeling and solution of large scale, real world optimization problems using mixed-integer linear programming, constraint programming and (meta)heuristics. He focuses in particular on problems in the maritime industry, including liner shipping networks and container terminal optimization.

Product details

Authors Kevin Tierney
Publisher Springer, Berlin
 
Languages English
Product format Paperback / Softback
Released 01.01.2016
 
EAN 9783319368412
ISBN 978-3-31-936841-2
No. of pages 182
Dimensions 156 mm x 236 mm x 8 mm
Weight 335 g
Illustrations VIII, 182 p. 49 illus., 20 illus. in color.
Series Operations Research/Computer Science Interfaces Series
Operations Research/Computer Science Interfaces Series
Subjects Social sciences, law, business > Business > General, dictionaries

Operations Research, B, Business and Management, Operations Management, Operations Research/Decision Theory, Operations Research and Decision Theory, International Economics, Management decision making, Management science, Management of specific areas, Decision Making, Production management

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