An integrated approach for port selection,ship scheduling and financial analysis |
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Authors: | Jasmine Siu Lee Lam |
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Institution: | (1) Department of Civil Engineering, National Central University, No. 300, Jhongda Rd, Jhongli, Taoyuan, 32001, Taiwan |
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Abstract: | Ship routing and scheduling is an important activity for ship operators at both planning and operation levels. Ship operators,
as commercial entities, have to closely monitor routing and scheduling in relation to their financial implications. This paper
presents an integrated approach for port selection, ship scheduling and financial analysis. It aims to discuss the architecture
and the major features of an integrated intelligent system for liner shipping. Currently many liners still perform ship routing
and scheduling manually based on professional knowledge and experience. The proposed system is developed with an international
liner company and is flexible to account for user inputs according to the real situation in the port selection module. Also
the system provides two modes in the scheduling module: automatic and manual. The automatic mode makes use of an optimisation
model to find the optimal proforma schedule (PFS). The manual mode allows manual modifications to be performed to accommodate
the existing liners to allow for a smooth implementation. The financial analysis module examines the financial consequences
of the PFS which are crucial for making commercial decisions. As a whole, the solution algorithm calls for an integrated approach
that can integrate data from various sources with different levels of certainties and accuracies, knowledge gained from practical
operations and optimisation routines. The system will be useful for ship operators in liner shipping. |
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