Shipping optimisation systems (SOS): liner optimisation perspective
by Said El Noshokaty
International Journal of Shipping and Transport Logistics (IJSTL), Vol. 5, No. 3, 2013

Abstract: Most of the few papers which have been published on 'optimisation in liner shipping' give a great deal of attention to allocating ships to shipping lines. Papers usually assume voyage gross profit to be constant, with restricting assumption on transport demand, ship speed, and port stay. To streamline these ideas, shipping optimisation systems (SOS), a suite of decision support systems, is developed to optimise voyage gross profit, subject to deterministic or stochastic cargo demand. Sensitivity and what-if analysis are adopted, in case of any change is made to cargo quantity or freight, cargo handling rate or charges, and ship speed or fuel consumption. SOS uses the optimised voyage gross profit to optimally allocate fleet units to shipping lines. In a competitive environment with old ships, SOS optimally allocates new ships to lines in order to figure out their prospective gross profit, and appraise their worthiness.

Online publication date: Fri, 28-Feb-2014

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Shipping and Transport Logistics (IJSTL):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com