Abstract
In this paper speed optimization of an existing liner shipping network is solved by adjusting
the port berth times. The objective is to minimize fuel consumption while retaining the
customer transit times including the transhipment times. To avoid too many changes to
the time table, changes of port berth times are only accepted if they lead to savings above
a threshold value. Since the fuel consumption of a vessel is a non-linear convex function of
the speed, it is approximated by a piecewise linear function. The developed model is solved
using exact methods in less than two minutes for large instances. Computational experiments
on real-size liner shipping networks are presented showing that fuels savings in
the magnitude 2–10% can be obtained. The work has been carried out in collaboration with
Maersk Line and the tests instances are confirmed to be representative of real-life
networks.
Original language | English |
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Journal | Transportation Research. Part E: Logistics and Transportation Review |
Volume | 86 |
Pages (from-to) | 116–128 |
ISSN | 1366-5545 |
DOIs | |
Publication status | Published - 2016 |
Keywords
- Speed optimization
- Linear approximation
- Cubic function
- Liner shipping
- Transit times