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A survey on maritime fleet size and mix problems

Abstract

This paper presents a literature survey on the fleet size and mix problem in maritime transportation. Fluctuations in the shipping market and frequent mismatches between fleet capacities and demands highlight the relevance of the problem and call for more accurate decision support. After analyzing the available scientific literature on the problem and its variants and extensions, we summarize the state of the art and highlight the main contributions of past research. Furthermore, by identifying important real life aspects of the problem which past research has failed to capture, we uncover the main areas where more research will be needed.

Category

Academic article

Client

  • Research Council of Norway (RCN) / 205298

Language

English

Author(s)

  • Giovanni Pantuso
  • Kjetil Fagerholt
  • Lars Magnus Hvattum

Affiliation

  • Norwegian University of Science and Technology
  • SINTEF Ocean / Energi og transport

Date

09.05.2013

Year

2014

Published in

European Journal of Operational Research

ISSN

0377-2217

Publisher

Elsevier

Volume

235

Issue

2

Page(s)

341 - 349

View this publication at Cristin