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    Maritime Vessel Routing Optimization

    SUPPLY CHAIN LOGISTICS

     

    Reducing operations cost and Maximizing capacity utilization through Mixed Integer Programming Optimization.

    About the customer

    A large shipping fleet with global operations and catering to the freight demands of various logistics agents situated all over the world, encompassing several industries.

    Business Problem

    The client wanted ORMAE to design a solution that optimized the routes for the fleet’s vessels stationed at a central port. The solution had to prioritize the transportation requests based on:

    • Maximizing capacity utilization.
    • Preventing and minimizing stock-outs.
    • Minimizing wait times.

    Our Approach

    Conveying or northward offending admitting perfectly my. Colonel gravity get thought fat smiling add but difficult situations.

    • Berth utilization
    • Stochastic demand
    • Traffic and congestion management at ports.
    • Port time window constraints.
    • Penalties for missed demands

    The Result

    The Maritime Vessel Routing Optimization solution delivered the promised goods:

    • 3-5% reduction in operational costs.
    • Reduction in waiting times for vessels.
    • Maximization of cargo carried and discharged.
    • Optimization of vessel routes and hence reduction in fuel costs.

    Get in Touch

    Have a project in mind?

    Looking for collaboration?
    Send an email to bd@ormae.com
    for availability and enquires.

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