A TENTATIVE PROPOSAL FOR A SHIPPING PLAN OF BULK PETROLEUM PRODUCTS BY SEAGOING TANKERS BY H. O HARTLEY ET AL.

An ocean shipping problem in fuel transportation is formulated mathematically as a two-stage cost minimization problem. Linear programming methods are used in the first stage to find the cheapest way to ship the different types of bulk petroleum products. In the second stage, a tanker cargo algorithm is developed to satisfy cargo composition requirements and routing considerations. In the linear programming model, the objective is to minimize, subject to constraints, the purchase and shipping costs of all the fuels transported from all sources to all the destinations in all of the time periods. Product requirements of all types at all destinations must be fulfilled. No provision is made for adjustments necessitated by weather delays in shipping, denials of shipping canals, denials of products or other emergencies.

• Corporate Authors:

  Office of Naval Research

  Department of the Navy, 800 North Quincy Street
  Arlington, VA  United States  22217

  Texas A&M Research Foundation

  College Station, TX  United States  77843
• Publication Date: 1970-1

Media Info

• Pagination: 37 p.

Subject/Index Terms

• TRT Terms: Analysis; Bulk cargo; Costs; Economics; Shipping; Tanker shipping
• Uncontrolled Terms: Cost analysis
• Old TRIS Terms: Shipping economics; Tanker economics
• Subject Areas: Economics; Finance; Freight Transportation; Marine Transportation;

Filing Info

• Accession Number: 00007557
• Record Type: Publication
• Source Agency: National Technical Information Service
• Report/Paper Numbers: No 20 Tech Rpt
• Contract Numbers: N00014-68-A-0140
• Files: TRIS
• Created Date: Dec 30 1973 12:00AM