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Journal article

A multiple ship routing and speed optimization problem under time, cost and environmental objectives

From

Xi'an Jiaotong-Liverpool University1

Department of Management Engineering, Technical University of Denmark2

Management Science, Department of Management Engineering, Technical University of Denmark3

Operations Research, Management Science, Department of Management Engineering, Technical University of Denmark4

Transport DTU, Department of Management Engineering, Technical University of Denmark5

Liverpool John Moores University6

The purpose of this paper is to investigate a multiple ship routing and speed optimization problem under time, cost and environmental objectives. A branch and price algorithm as well as a constraint programming model are developed that consider (a) fuel consumption as a function of payload, (b) fuel price as an explicit input, (c) freight rate as an input, and (d) in-transit cargo inventory costs.

The alternative objective functions are minimum total trip duration, minimum total cost and minimum emissions. Computational experience with the algorithm is reported on a variety of scenarios.

Language: English
Year: 2017
Pages: 303-321
ISSN: 18792340 and 13619209
Types: Journal article
DOI: 10.1016/j.trd.2017.03.009
ORCIDs: Pacino, Dario

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