Strategic Ship Fleet Planning for Crude Palm Oil Marine Transportation: A Case Study in Indonesia

This paper presents the application of strategic ship fleet planning for the maritime transportation of crude palm oil. This study aims to determine the optimal number of chemical tankers required, their capacity (in deadweight tonnage), and the appropriate timing for chartering, buying, or selling...

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Main Authors: Achmad Riadi, Muhammad Hanif Fajri Ramadhan
Format: Article
Language:English
Published: Galenos Publishing House 2024-12-01
Series:Journal of Eta Maritime Science
Subjects:
Online Access:https://jag.journalagent.com/z4/download_fulltext.asp?pdir=jems&un=JEMS-28863
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author Achmad Riadi
Muhammad Hanif Fajri Ramadhan
author_facet Achmad Riadi
Muhammad Hanif Fajri Ramadhan
author_sort Achmad Riadi
collection DOAJ
description This paper presents the application of strategic ship fleet planning for the maritime transportation of crude palm oil. This study aims to determine the optimal number of chemical tankers required, their capacity (in deadweight tonnage), and the appropriate timing for chartering, buying, or selling vessels within the fleet. To achieve this, mixed integer linear programing is utilized as the optimization framework for strategic ship fleet planning. To ensure a more authentic approach, the investigation utilized a case study focused on the export of Indonesian crude palm oil. The research findings indicate that several export routes cannot be serviced due to higher transportation costs, which could potentially be anticipated through an increase in freight rates. In addition, decisions regarding the quantity and categories of fleets required for each transportation route were also made. The importance of this study is highlighted by its capacity to offer valuable insights to exporters, shipping companies, and the government regarding tanker fleet deployment, management, and regulatory considerations. Furthermore, these findings provide a clearer understanding of the necessity of a tanker fleet for transporting crude palm oil. This supports the Indonesian government's 'beyond cabotage' policy, which mandates the use of vessels operated by national shipping companies for crude palm oil exports, making it a relevant case study for examining the effectiveness of such measures.
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institution Kabale University
issn 2148-9386
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series Journal of Eta Maritime Science
spelling doaj-art-0280109ae4ad47f5838367a86ca1d22c2025-01-07T08:00:13ZengGalenos Publishing HouseJournal of Eta Maritime Science2148-93862024-12-0112439540310.4274/jems.2024.28863JEMS-28863Strategic Ship Fleet Planning for Crude Palm Oil Marine Transportation: A Case Study in IndonesiaAchmad Riadi0Muhammad Hanif Fajri Ramadhan1Universitas Indonesia Faculty of Engineering, Department of Mechanical Engineering, Depok, IndonesiaUniversitas Indonesia Faculty of Engineering, Department of Mechanical Engineering, Depok, IndonesiaThis paper presents the application of strategic ship fleet planning for the maritime transportation of crude palm oil. This study aims to determine the optimal number of chemical tankers required, their capacity (in deadweight tonnage), and the appropriate timing for chartering, buying, or selling vessels within the fleet. To achieve this, mixed integer linear programing is utilized as the optimization framework for strategic ship fleet planning. To ensure a more authentic approach, the investigation utilized a case study focused on the export of Indonesian crude palm oil. The research findings indicate that several export routes cannot be serviced due to higher transportation costs, which could potentially be anticipated through an increase in freight rates. In addition, decisions regarding the quantity and categories of fleets required for each transportation route were also made. The importance of this study is highlighted by its capacity to offer valuable insights to exporters, shipping companies, and the government regarding tanker fleet deployment, management, and regulatory considerations. Furthermore, these findings provide a clearer understanding of the necessity of a tanker fleet for transporting crude palm oil. This supports the Indonesian government's 'beyond cabotage' policy, which mandates the use of vessels operated by national shipping companies for crude palm oil exports, making it a relevant case study for examining the effectiveness of such measures.https://jag.journalagent.com/z4/download_fulltext.asp?pdir=jems&un=JEMS-28863strategic ship fleet planningcrude palm oilbeyond cabotage policymixed integer linear programingoptimizationmarine transportation
spellingShingle Achmad Riadi
Muhammad Hanif Fajri Ramadhan
Strategic Ship Fleet Planning for Crude Palm Oil Marine Transportation: A Case Study in Indonesia
Journal of Eta Maritime Science
strategic ship fleet planning
crude palm oil
beyond cabotage policy
mixed integer linear programing
optimization
marine transportation
title Strategic Ship Fleet Planning for Crude Palm Oil Marine Transportation: A Case Study in Indonesia
title_full Strategic Ship Fleet Planning for Crude Palm Oil Marine Transportation: A Case Study in Indonesia
title_fullStr Strategic Ship Fleet Planning for Crude Palm Oil Marine Transportation: A Case Study in Indonesia
title_full_unstemmed Strategic Ship Fleet Planning for Crude Palm Oil Marine Transportation: A Case Study in Indonesia
title_short Strategic Ship Fleet Planning for Crude Palm Oil Marine Transportation: A Case Study in Indonesia
title_sort strategic ship fleet planning for crude palm oil marine transportation a case study in indonesia
topic strategic ship fleet planning
crude palm oil
beyond cabotage policy
mixed integer linear programing
optimization
marine transportation
url https://jag.journalagent.com/z4/download_fulltext.asp?pdir=jems&un=JEMS-28863
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AT muhammadhaniffajriramadhan strategicshipfleetplanningforcrudepalmoilmarinetransportationacasestudyinindonesia