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Article
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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