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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

Citation

Du, Y and Meng, Q and Shi, W, 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, 11, (2/3) pp. 119-144. ISSN 1756-6517 (2019) [Refereed Article]


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Copyright Statement

Copyright 2019 Inderscience Enterprises Ltd.

DOI: doi:10.1504/IJSTL.2019.099276

Abstract

This paper takes an initiative to quantitatively assess the impact of the traffic control scheme and the stepwise toll pricing policy of the Suez Canal on the optimal sailing schedule of a liner containership. We develop a mixed-integer nonlinear programming model for the optimal sailing schedule of a containership over a long-haul voyage via Suez. A case study on a 13000-TEU containership running on the LP4 service of APL shows several managerial insights: a) ignoring the traffic control system at Suez in ship speed optimisation may lead to an infeasible sailing schedule, and underestimate the operating cost (even the bunker cost) of a containership on a long-haul voyage via Suez; b) the optimal ship recovery plan in terms of its sailing speeds is mainly determined by the predefined port time windows, delay situation and Suez-clock time, but not pretty much affected by the levels of bunker price and transit due.

Item Details

Item Type:Refereed Article
Keywords:Suez Canal, transit due, containership, speed optimisation, second order cone programming
Research Division:Commerce, Management, Tourism and Services
Research Group:Transportation and Freight Services
Research Field:Transportation and Freight Services not elsewhere classified
Objective Division:Transport
Objective Group:Water Transport
Objective Field:International Sea Freight Transport (excl. Live Animal Transport)
UTAS Author:Du, Y (Dr Bill Du)
UTAS Author:Shi, W (Dr Wenming Shi)
ID Code:129589
Year Published:2019
Deposited By:Maritime and Logistics Management
Deposited On:2018-12-07
Last Modified:2019-07-30
Downloads:1 View Download Statistics

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