Title
Simulation-based optimization of ship design for dry bulk vessels Simulation-based optimization of ship design for dry bulk vessels
Author
Faculty/Department
Faculty of Applied Economics
Publication type
article
Publication
Basingstoke ,
Subject
Economics
Source (journal)
International journal of maritime economics. - Basingstoke, 1999 - 2002
Volume/pages
13(2011) :2 , p. 190-212
ISSN
1388-1973
ISI
000296241500006
Carrier
E
Target language
English (eng)
Full text (Publishers DOI)
Affiliation
University of Antwerp
Abstract
palgrave-journals.com > Journal home > Table of Contents One of the most important decisions for ship owners is to build an optimal ship for a specific business. That often corresponds to finding the optimal ship dimension speed and capacity. This article therefore attempts to construct an interactive logistic scheme including three basic systems, namely the design model, the shipping system and the shore logistic system, to design optimal ships by taking into account the logistical reality at the basic design stage for ship owners. The optimization process is completed through Monte-Carlo simulation within the Crystal Ball software by embedding Microsoft Solver. The methodology is applied specifically to design the dry bulk fleet used to serve the transportation of iron ore on the voyage from Tubarao, Brazil to Beilun, China, with the optimal ship design specifications and logistic plan, which can achieve the economic objective for both ship owners and steel mills. The proposed methodology not only provides a tool to analyze problems in ship design, ship operation and the shore logistic system, but also shows the required flexibility in the decision-making for different parties.
E-info
http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000296241500006&DestLinkType=RelatedRecords&DestApp=ALL_WOS&UsrCustomerID=ef845e08c439e550330acc77c7d2d848
http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000296241500006&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=ef845e08c439e550330acc77c7d2d848
http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000296241500006&DestLinkType=CitingArticles&DestApp=ALL_WOS&UsrCustomerID=ef845e08c439e550330acc77c7d2d848
Handle