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Impact analysis of the traffic convoy system and toll pricing policy of the Suez Canal on the operations of a liner containership over a long-haul voyage

Du, Y ORCID: 0000-0001-7540-493X, Meng, Q and Shi, W ORCID: 0000-0001-6551-0499 2019 , 'Impact analysis of the traffic convoy system and toll pricing policy of the Suez Canal on the operations of a liner containership over a long-haul voyage' , International Journal of Shipping and Transport Logistics, vol. 11, no. 2/3 , pp. 119-144 .

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Abstract

This paper takes an initiative to quantitatively assess the impact ofthe traffic control scheme and the stepwise toll pricing policy of the Suez Canalon the optimal sailing schedule of a liner containership. We develop amixed-integer nonlinear programming model for the optimal sailing scheduleof a containership over a long-haul voyage via Suez. A case study on a13000-TEU containership running on the LP4 service of APL shows severalmanagerial insights: a) ignoring the traffic control system at Suez in ship speedoptimisation may lead to an infeasible sailing schedule, and underestimate theoperating cost (even the bunker cost) of a containership on a long-haul voyagevia Suez; b) the optimal ship recovery plan in terms of its sailing speeds ismainly determined by the predefined port time windows, delay situation andSuez-clock time, but not pretty much affected by the levels of bunker price andtransit due.

Item Type: Article
Authors/Creators:Du, Y and Meng, Q and Shi, W
Keywords: Suez Canal, transit due, containership, speed optimisation, second order cone programming
Journal or Publication Title: International Journal of Shipping and Transport Logistics
Publisher: Inderscience Publishers
ISSN: 1756-6517
Copyright Information:

Copyright 2019 Inderscience Enterprises Ltd.

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