The Vessel Schedule Recovery Problem: Disruption management in liner shipping

Publication: Research - peer-reviewConference abstract for conference – Annual report year: 2012

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Maritime transportation is the backbone of world trade and is accountable for around 3% of the worlds CO2 emissions. We present the Vessel Schedule Recovery Problem (VSRP) to evaluate a given disruption scenario and to select a recovery action balancing the trade off between increased bunker consumption and the impact on the remaining network and the customer service level. The model is applied to 4 real cases from Maersk Line. Solutions are comparable or superior to those chosen by operations managers. Cost savings of up to 58% may be achieved.
Original languageEnglish
Publication date2012
StatePublished

Conference

Conference25th European Conference on Operations Research
Number25
CountryLithuania
CityVilnius
Period08/07/1211/07/12
Internet addresshttp://www.euro-2012.lt/welcome
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