Fleet Repositioning, Flag Switching, Transportation Scheduling, and Speed Optimization for Tanker Shipping Firms
Yiwei Wu,
Jieming Chen,
Yao Lu
et al.
Abstract:In response to the European Union (EU)’s sanctions on Russian oil products, tanker shipping firms may adopt two strategies to reoptimize their shipping networks. The first strategy is to switch the flag states of tankers that are not eligible to operate on certain routes. The second strategy is to reposition tankers based on their flag states, i.e., moving those tankers that are eligible from other groups to specified routes. To help tanker shipping firms minimize the total operating cost during the planning h… Show more
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