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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


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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 |
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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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