Liner Ship Freight Revenue and Fleet Deployment for Single Service

Mandal, Jasashwi; Goswami, Adrijit; Mishra, Nishikant; Tiwari, Manoj Kumar

Abstract

For single-liner ship service, this study optimizes containerized cargo revenue minus ship operating costs. The decisions to optimize the ship fleet and shipment plan are included in this proposed model. This optimization problem is formulated as a mixed-integer non-linear programming model and solved it using LINGO. The proposed model is applied to a liner service route provided in the computational study and the results are analyzed in case of different scenarios of container shipment demand and different freight rates.

Citation

Mandal, J., Goswami, A., Mishra, N., & Tiwari, M. K. Liner Ship Freight Revenue and Fleet Deployment for Single Service. Presented at IFIP WG 5.7 International Conference, APMS 2021, Nantes, France

• Presentation Conference Type: Conference Paper (published)
• Conference Name: IFIP WG 5.7 International Conference, APMS 2021
• Acceptance Date: Aug 31, 2021
• Online Publication Date: Aug 31, 2021
• Publication Date: 2021
• Deposit Date: Jun 16, 2022
• Publicly Available Date: Sep 1, 2022
• Journal: IFIP Advances in Information and Communication Technology
• Print ISSN: 1868-4238
• Electronic ISSN: 1868-422X
• Publisher: Springer Verlag
• Peer Reviewed: Not Peer Reviewed
• Volume: 631
• Pages: 123-131
• Series ISSN: 1868-4238 ; 1868-422X
• ISBN: 9783030859015
• DOI: https://doi.org/10.1007/978-3-030-85902-2_14
• Public URL: https://hull-repository.worktribe.com/output/3845488