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.
|Publication status||Published - 2012|
|Event||25th European Conference on Operations Research: OR Connecting Sciences - Radisson Blu Hotel Lietuva, Vilnius, Lithuania|
Duration: 8 Jul 2012 → 11 Jul 2012
Conference number: 25
|Conference||25th European Conference on Operations Research|
|Location||Radisson Blu Hotel Lietuva|
|Period||08/07/2012 → 11/07/2012|