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Planning of vessel speed and fuel bunkering over a route with speed limits

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Maritime Economics & Logistics Aims and scope

Abstract

Since the economic crisis of 2008, global trade and shipping services have continuously grown, which resulted in more ships and reduced berthing times of vessels at hub ports. This change, along with higher fuel prices, requires the shipping industry to keep the vessels on schedule more than before while reducing fuel cost. This article develops a mathematical model to determine vessel speeds and ports for fuel purchase to minimize the fuel cost of shipping companies. Specifically, this research considers maximum allowed vessel speeds on a route because of geographical features such as canal, channel and ocean currents. The problem is first formulated as non-linear programming, then converted to linear programming by an innovative way of using piecewise linear functions. A heuristic procedure is also presented to reduce the computation time for large size problems.

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Acknowledgements

The authors would like to thank the anonymous reviewers for their helpful suggestions. These have been instrumental in improving the manuscript.

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Authors and Affiliations

  1. Department of Mechanical and Manufacturing Engineering, Aalborg University, Fibigerstraede 16, Aalborg East, 9220, Denmark

    Izabela Ewa Nielsen & Ngoc Anh Dung Do

  2. Department of Industrial & Manufacturing Engineering, University of Wisconsin-Milwaukee, 3200 N. Cramer Street, Milwaukee, WI, 53211, USA

    Jaejin Jang

  3. Department of Electronics and Computer Science, Koszalin University of Technology, Sniadeckich 2, Koszalin, 75-453, Poland

    Grzegorz Bocewicz

Authors
  1. Izabela Ewa Nielsen
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  2. Ngoc Anh Dung Do
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  3. Jaejin Jang
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  4. Grzegorz Bocewicz
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Corresponding author

Correspondence to Izabela Ewa Nielsen.

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Nielsen, I., Do, N., Jang, J. et al. Planning of vessel speed and fuel bunkering over a route with speed limits. Marit Econ Logist 18, 414–435 (2016). https://doi.org/10.1057/mel.2015.23

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  • DOI: https://doi.org/10.1057/mel.2015.23

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