Skip to main content
Log in

Service-oriented operational decision optimization for dry bulk shipping fleet under stochastic demand

  • Research Article
  • Published:
Optimization and Engineering Aims and scope Submit manuscript

Abstract

Dry bulk shipping plays a crucial role in intercontinental bulk cargo transport, with operators managing fleets to meet shippers’ transportation demand. A primary challenge for these operators is making optimal operational decisions about ship scheduling, routing, and sailing speed in the face of stochastic demand. We address this problem by developing a stochastic integer programming model designed to maximize revenue while maintaining high service levels for shippers. We quantify service levels for shippers using the probability of demand being fully satisfied. To solve this model, we introduce an innovative offline–online Lagrange relaxation framework. This framework leverages training data to determine the optimal Lagrange multiplier, which subsequently guides decision-making with test data. Numerical experiments show that our method closely matches the performance of Sampling Average Approximation (SAA) solutions while reducing computational time.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Fig. 1
Fig. 2
Fig. 3
Fig. 4
Fig. 5
Fig. 6
Fig. 7
Fig. 8
Fig. 9
Fig. 10
Fig. 11
Fig. 12

Similar content being viewed by others

Data availability

Data sets generated during the current study are available from the corresponding author on reasonable request. They were used under license for the current study, and so are not publicly available.

References

  • Agra A, Christiansen M, Delgado A (2017) Discrete time and continuous time formulations for a short sea inventory routing problem. Optim Eng 18:269–297

    Article  MathSciNet  Google Scholar 

  • Appelgren L (1969) A column generation algorithm for a ship scheduling problem. Transp Sci 3:53–68

    Article  Google Scholar 

  • Appelgren L (1971) Integer programming methods for a vessel scheduling problem. Transp Sci 5:64–78

    Article  Google Scholar 

  • Armas J, Lalla-Ruiz E, Izquierdo C, Landa-Silva D, Melian B (2015) A hybrid grasp-vns for ship routing and scheduling problem with discretized time windows. Eng Appl Artif Intell 45:350–360

    Article  Google Scholar 

  • Brønmo G, Christiansen M, Fagerholt K, Nygreen B (2007) A multi-start local search heuristic for ship scheduling—a computational study. Comput Oper Res 34:900–917

    Article  Google Scholar 

  • Castillo-Villar KK, González-Ramírez RG, Gonzalez PAM, Smith NR (2014) A heuristic procedure for a ship routing and scheduling problem with variable speed and discretized time windows. Math Probl Eng 2014:1–13

    Google Scholar 

  • Chen J, Xue K, Song L, Luo J, Mei Y, Huang X, Zhang D, Hua C (2019) Periodicity of world crude oil maritime transportation: case analysis of aframax tanker market. Energ Strat Rev 25:47–55

    Article  Google Scholar 

  • Dong Y, Maravelias C, Jerome N (2018) Reoptimization framework and policy analysis for maritime inventory routing under uncertainty. Optim Eng 19:1–40

    Article  MathSciNet  Google Scholar 

  • El Noshokaty S (2021) Shipping optimization systems (sos) for tramp: stochastic cargo soft time windows. J Shipping Trade 6:17

    Article  Google Scholar 

  • Fan H, Yu J, Liu X (2019) Tramp ship routing and scheduling with speed optimization considering carbon emissions. Sustainability 11:22

    Article  Google Scholar 

  • Farkas A, Degiuli N, Martic I, Mikulic A (2023) Benefits of slow steaming in realistic sailing conditions along different sailing routes. Ocean Eng 275:114143

    Article  Google Scholar 

  • Fei Y, Chen J, Wan Z, Shu Y, Xu L, Li H, Bai Y, Zheng T (2020) Crude oil maritime transportation: market fluctuation characteristics and the impact of critical events. Energy Rep 6:518–529

    Article  Google Scholar 

  • Gao J, Wang J, Liang J (2023) A unified operation decision model for dry bulk shipping fleet: ship scheduling, routing, and sailing speed optimization. Optimization and Engineering pp 1–24

  • Guan F, Peng Z, Chen CH, Guo ZN, Yu S (2017) Fleet routing and scheduling problem based on constraints of chance. Adv Mech Eng 9:12

    Article  Google Scholar 

  • Halvorsen-Weare E, Fagerholt K (2017) Optimization in offshore supply vessel planning. Optim Eng 18:317–341

    Article  MathSciNet  Google Scholar 

  • Halvorsen-Weare E, Fagerholt K, Rönnqvist M (2013) Vessel routing and scheduling under uncertainty in the liquefied natural gas business. Comput Ind Eng 64:290–301

    Article  Google Scholar 

  • Korsvik J, Fagerholt K (2010) A tabu search heuristic for ship routing and scheduling with flexible cargo quantities. J Heuristics 16:117–137

    Article  Google Scholar 

  • Korsvik JE, Fagerholt K, Laporte G (2011) A large neighbourhood search heuristic for ship routing and scheduling with split loads. Comput Oper Res 38:474–483

    Article  MathSciNet  Google Scholar 

  • Laulajainen R (2010) Geography sets the tone to tramp routing. Int J Shipping Trans Logist 2:364–382

    Article  Google Scholar 

  • Lee J, Kim BI (2022) Mathematical models for a ship routing problem with a small number of ports on a route. Appl Math Model 111:126–138

    Article  MathSciNet  Google Scholar 

  • Li M, Fagerholt K, Schütz P (2020) Analyzing the impact of the northern sea route on tramp ship routing with uncertain cargo availability. Comput Logist Spring Int Publ Cham 12433:68–83

    Article  MathSciNet  Google Scholar 

  • Liang J, Li L, Zheng J, Tan Z (2023) Service-oriented container slot allocation policy under stochastic demand. Transp Res Part B Methodol 176:102799

    Article  Google Scholar 

  • Liu J, Gu B, Chen J (2023) Enablers for maritime supply chain resilience during pandemic: an integrated MCDM approach. Transp Res Part A Policy Pract 175:103777

    Article  Google Scholar 

  • Ma W, Han Y, Tang H, Ma D, Zheng H, Zhang Y (2023) Ship route planning based on intelligent mapping swarm optimization. Comput Ind Eng 176:108920

    Article  Google Scholar 

  • Meng Q, Wang S, Lee CY (2015) A tailored branch-and-price approach for a joint tramp ship routing and bunkering problem. Transp Res Part B Methodol 72:1–19

    Article  Google Scholar 

  • Ng MM, Lun YV, Lai KH, Cheng TC (2013) Research on shipping studies. Int J Shipping Transp Logist 5(1):1–2

    Article  Google Scholar 

  • Norstad I, Fagerholt K, Laporte G (2011) Tramp ship routing and scheduling with speed optimization. Transp Res Part C Emerg Technol 19:853–865

    Article  Google Scholar 

  • Peng Z, Shan W, Guan F, Yu B (2016) Stable vessel-cargo matching in dry bulk shipping market with price game mechanism. Transp Res Part E Logist Transp Rev 95:76–94

    Article  Google Scholar 

  • dos Santos PTG, Borenstein D (2022) Multi-objective optimization of the maritime cargo routing and scheduling problem. Int Trans Oper Res 31:221–245

    Article  MathSciNet  Google Scholar 

  • Shu Y, Zhu Y, Xu F, Gan L, Lee PTW, Yin J, Chen J (2023) Path planning for ships assisted by the icebreaker in ice-covered waters in the northern sea route based on optimal control. Ocean Eng 267:113182

    Article  Google Scholar 

  • Siddiqui AW, Verma M (2015) A bi-objective approach to routing and scheduling maritime transportation of crude oil. Transp Res Part D Transp Environ 37:65–78

    Article  Google Scholar 

  • Stålhane M, Andersson H, Christiansen M (2015) A branch-and-price method for a ship routing and scheduling problem with cargo coupling and synchronization constraints. EURO J Transp Logist 4:421–443

    Article  Google Scholar 

  • Vilhelmsen C, Lusby RM, Larsen JB (2017) Tramp ship routing and scheduling with voyage separation requirements. OR Spectrum 39:913–943

    Article  MathSciNet  Google Scholar 

  • Wen M, Røpke S, Petersen HL, Larsen R, Madsen OBG (2016) Full-shipload tramp ship routing and scheduling with variable speeds. Comput Oper Res 70:1–8

    Article  MathSciNet  Google Scholar 

  • Wu L, Wang S, Laporte G (2021) The robust bulk ship routing problem with batched cargo selection. Transp Res Part B Methodol 143:124–159

    Article  Google Scholar 

  • Yang A, Cao Y, Chen K, Zeng Q, Chen Z (2021) An optimization model for tramp ship scheduling considering time window and seaport operation delay factors. J Adv Transp 2021:1–19

    Article  Google Scholar 

  • Ye J, Chen J, Wen H, Wan Z, Tang T (2022) Emissions assessment of bulk carriers in china’s east coast-yangtze river maritime network based on different shipping modes. Ocean Eng 249:110903

    Article  Google Scholar 

  • Yu B, Peng Z, Tian Z, Yao B (2017) Sailing speed optimization for tramp ships with fuzzy time window. Flex Serv Manuf J 31:308–330

    Article  Google Scholar 

  • Yu B, Wang K, Wang C, Yao B (2017) Ship scheduling problems in tramp shipping considering static and spot cargoes. Int J Shipping Transp Logist 9:391–416

    Article  Google Scholar 

  • Yu Y, Tu J, Shi K, Liu M, Chen J (2021) Flexible optimization of international shipping routes considering carbon emission cost. Math Probl Eng 2021:1–9

    Google Scholar 

  • Zhang Y, Zhai Y, Chen J, Xu Q, Fu S, Wang H (2022) Factors contributing to fatality and injury outcomes of maritime accidents: a comparative study of two accident-prone areas. J Marine Sci Eng 10:1945

    Article  Google Scholar 

  • Zhao Y, Yang Z (2018) Ship scheduling in the tramp spot market based on shipper’s choice behavior and the spatial and temporal shipping demand. Transp J 57:310–328

    Article  Google Scholar 

Download references

Acknowledgements

This work is supported by the National Natural Science Foundation of China (Grant No. 72101042).

Funding

This work was supported by the National Natural Foundation Science of China (Grant Number 72101042).

Author information

Authors and Affiliations

Authors

Corresponding authors

Correspondence to Jie Wang or Jinpeng Liang.

Additional information

Publisher's Note

Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.

Rights and permissions

Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law.

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Gao, J., Wang, J., Li, L. et al. Service-oriented operational decision optimization for dry bulk shipping fleet under stochastic demand. Optim Eng (2024). https://doi.org/10.1007/s11081-024-09884-6

Download citation

  • Received:

  • Revised:

  • Accepted:

  • Published:

  • DOI: https://doi.org/10.1007/s11081-024-09884-6

Keywords

Navigation