Multi-objective Optimization for Liner Shipping Fleet Repositioning
K. Tierney, J. Handali, C. Grimme, H. Trautmann, in: H. Trautmann, G. Rudolph, K. Klamroth, O. Schütze, M. Wiecek, Y. Jin, C. Grimme (Eds.), Evolutionary Multi-Criterion Optimization: 9$^th$ International Conference, EMO 2017, Münster, Germany, March 19-22, 2017, Proceedings, Springer International Publishing, Cham, 2017, pp. 622–638.
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Book Chapter
| English
Author
Tierney, K;
Handali, J;
Grimme, C;
Trautmann, HeikeLibreCat 
Book Editor
Trautmann, H;
Rudolph, G;
Klamroth, K;
Schütze, O;
Wiecek, M;
Jin, Y;
Grimme, C
Abstract
The liner shipping fleet repositioning problem (LSFRP) is a central optimization problem within the container shipping industry. Several approaches exist for solving this problem using exact and heuristic techniques, however all of them use a single objective function for determining an optimal solution. We propose a multi-objective approach based on a simulated annealing heuristic so that repositioning coordinators can better balance profit making with cost-savings and environmental sustainability. As the first multi-objective approach in the area of liner shipping routing, we show that giving more options to decision makers need not be costly. Indeed, our approach requires no extra runtime than a weighted objective heuristic and provides a rich set of solutions along the Pareto front.
Publishing Year
Book Title
Evolutionary Multi-Criterion Optimization: 9$^th$ International Conference, EMO 2017, Münster, Germany, March 19-22, 2017, Proceedings
Page
622–638
ISBN
LibreCat-ID
Cite this
Tierney K, Handali J, Grimme C, Trautmann H. Multi-objective Optimization for Liner Shipping Fleet Repositioning. In: Trautmann H, Rudolph G, Klamroth K, et al., eds. Evolutionary Multi-Criterion Optimization: 9$^th$ International Conference, EMO 2017, Münster, Germany, March 19-22, 2017, Proceedings. Springer International Publishing; 2017:622–638. doi:10.1007/978-3-319-54157-0_42
Tierney, K., Handali, J., Grimme, C., & Trautmann, H. (2017). Multi-objective Optimization for Liner Shipping Fleet Repositioning. In H. Trautmann, G. Rudolph, K. Klamroth, O. Schütze, M. Wiecek, Y. Jin, & C. Grimme (Eds.), Evolutionary Multi-Criterion Optimization: 9$^th$ International Conference, EMO 2017, Münster, Germany, March 19-22, 2017, Proceedings (pp. 622–638). Springer International Publishing. https://doi.org/10.1007/978-3-319-54157-0_42
@inbook{Tierney_Handali_Grimme_Trautmann_2017, place={Cham}, title={Multi-objective Optimization for Liner Shipping Fleet Repositioning}, DOI={10.1007/978-3-319-54157-0_42}, booktitle={Evolutionary Multi-Criterion Optimization: 9$^th$ International Conference, EMO 2017, Münster, Germany, March 19-22, 2017, Proceedings}, publisher={Springer International Publishing}, author={Tierney, K and Handali, J and Grimme, C and Trautmann, Heike}, editor={Trautmann, H and Rudolph, G and Klamroth, K and Schütze, O and Wiecek, M and Jin, Y and Grimme, C}, year={2017}, pages={622–638} }
Tierney, K, J Handali, C Grimme, and Heike Trautmann. “Multi-Objective Optimization for Liner Shipping Fleet Repositioning.” In Evolutionary Multi-Criterion Optimization: 9$^th$ International Conference, EMO 2017, Münster, Germany, March 19-22, 2017, Proceedings, edited by H Trautmann, G Rudolph, K Klamroth, O Schütze, M Wiecek, Y Jin, and C Grimme, 622–638. Cham: Springer International Publishing, 2017. https://doi.org/10.1007/978-3-319-54157-0_42.
K. Tierney, J. Handali, C. Grimme, and H. Trautmann, “Multi-objective Optimization for Liner Shipping Fleet Repositioning,” in Evolutionary Multi-Criterion Optimization: 9$^th$ International Conference, EMO 2017, Münster, Germany, March 19-22, 2017, Proceedings, H. Trautmann, G. Rudolph, K. Klamroth, O. Schütze, M. Wiecek, Y. Jin, and C. Grimme, Eds. Cham: Springer International Publishing, 2017, pp. 622–638.
Tierney, K., et al. “Multi-Objective Optimization for Liner Shipping Fleet Repositioning.” Evolutionary Multi-Criterion Optimization: 9$^th$ International Conference, EMO 2017, Münster, Germany, March 19-22, 2017, Proceedings, edited by H Trautmann et al., Springer International Publishing, 2017, pp. 622–638, doi:10.1007/978-3-319-54157-0_42.
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