Optimizing freight rate of spot market containers with uncertainties in shipping demand and available ship capacity

Y Wang, Q Meng - Transportation Research Part B: Methodological, 2021 - Elsevier
Liner container shipping company satisfies container shipping demand from both long-term
contracts and spot market. Different from the shipping demand from long-term contracts …

Robust bunker management for liner shipping networks

S Wang, Q Meng - European Journal of Operational Research, 2015 - Elsevier
This paper examines the sailing speed of containerships and refueling of bunker in a liner
shipping network while considering that the real speed may deviate from the planned one. It …

An investment appraisal method to compare LNG-fueled and conventional vessels

JE Fokkema, P Buijs, IFA Vis - … Research Part D: Transport and Environment, 2017 - Elsevier
Ever stricter emission regulations stimulate vessel owners to consider the adoption of
alternative marine fuels, such as Liquefied Natural Gas (LNG). In deciding whether to invest …

Managing fuel price variability for ship operations through contracts using fuzzy TOPSIS

KA Chrysafis, IN Theotokas, IN Lagoudis - Research in Transportation …, 2022 - Elsevier
Bunkering cost is a significant contributor to the total operating cost of ships. The number of
shipping companies seeking to actively manage this cost either by adapting market offered …

Bunker fuel cost and freight revenue optimization for a single liner shipping service

S Wang, S Gao, T Tan, W Yang - Computers & Operations Research, 2019 - Elsevier
This paper aims to maximize the freight revenue minus bunker fuel cost for a single liner
shipping service. This optimization contains the determination of the sailing speeds …

Assessment of relative fuel cost for dual fuel marine engines along major Asian container shipping routes

R Tan, O Duru, P Thepsithar - … Part E: Logistics and Transportation Review, 2020 - Elsevier
This study contributes to academic literature on bunkering for liner shipping with the
application of dual fuel engines in providing fuel flexibility subjected to limited liquefied …

Jointly optimizing ship sailing speed and bunker purchase in liner shipping with distribution-free stochastic bunker prices

Y Wang, Q Meng, H Kuang - Transportation Research Part C: Emerging …, 2018 - Elsevier
This paper jointly designs the optimal ship sailing speeds on shipping voyages and the
optimal amount of bunker fuel to purchase at each port of a shipping network operated by a …

Bunkering decisions for a shipping liner in an uncertain environment with service contract

S Ghosh, LH Lee, SH Ng - European Journal of Operational Research, 2015 - Elsevier
As bunker fuel cost constitutes a major portion of the shipping liners' operating cost, it is
imperative for them to minimize the bunkering cost to remain competitive. Service contract …

Sailing smoothly under Sulphur fuel regulations: The shipping liner's bunkering problem

A De, T Kundu, JB Sheu, TM Choi - Transportation Research Part D …, 2023 - Elsevier
This paper addresses the shipping liner's bunkering problem in response to International
Maritime Organization's low-Sulphur fuel regulations, commonly known as IMO 2020. To …

Dynamic programming for optimal ship refueling decision

L Zhen, S Wang, D Zhuge - Transportation Research Part E: Logistics and …, 2017 - Elsevier
This study investigates an optimal control policy for a liner ship to decide at which ports and
how much fuel the liner ship should be refueled under stochastic fuel consumption in each …