Conference paper
Combining Speed and Routing Decisions in Maritime Transportation
Abstract
We present recent results on the problem of combining ship speed and routing decisions. Speed is a key determinant of the economic and the environmental performance affecting variables such as trip duration, fuel costs, and air emissions, among others. It is seen that inputs such as fuel cost, ship charter costs and cargo inventory costs may impact both speed and routing decisions.
We develop models that optimize speed for a spectrum of routing scenarios and we use a heuristic method to solve them. Some examples are presented so as to illustrate the various trade-offs that are involved.
| Language: | English |
|---|---|
| Year: | 2014 |
| Proceedings: | Conference of the International Federation of Operational Research Societies. |
| Types: | Conference paper |
| ORCIDs: | Kontovas, Christos A. and Psaraftis, Harilaos N. |
