The Vessel Schedule Recovery Problem: Disruption management in liner shipping

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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
Publication statusPublished - 2012
Event25th European Conference on Operations Research: OR Connecting Sciences - Radisson Blu Hotel Lietuva, Vilnius, Lithuania
Duration: 8 Jul 201211 Jul 2012
Conference number: 25
http://www.euro-2012.lt/welcome

Conference

Conference25th European Conference on Operations Research
Number25
LocationRadisson Blu Hotel Lietuva
CountryLithuania
CityVilnius
Period08/07/201211/07/2012
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