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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Article
Maritime Transport of Oil and Routing Management
Author(s)
Mauro Catalani1 and Simonetta Zamparelli2
Full-Text PDF XML 572 Views
DOI:10.17265/2328-2142/2017.03.001
Affiliation(s)
1. Department of Economic and Legal Studies, University of Naples "Parthenope", Acton 28 Street, Naples 80100, Italy;
2. Department of Economics, Management, Society and Institutions, University of Molise, Campobasso 84100, Italy
ABSTRACT
The aim of the paper is to select the most economically advantageous
routes for a shipowner. The paper describes a method to select the most
economically advantageous routing for oil product traders. The methodology uses
an expert system model integrated by MNL (multinomial logit) application. The
expert system to solve routing problems in the presence of trade uncertainty.
The MNL model database, on leader shipping companies of the oil derivates
sector, based on choice of the route with main parameters as distance, cost of
transport and terminal accessibility. The method consists in simulating routing
in a discrete domain of routes served by ships calling at MED (Mediterranean) ports.
KEYWORDS
Petroleum, tanker routing, expert system, MNL model.
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