Evaluation of expected payoff through container interchange between shipping lines: a solution to container inventory imbalance in Sri Lanka

The Virtual Container Yard: A complimentary tool to optimize consolidation in shipping

“…This computation in Source: (Edirisinghe, Zhihong, & Wijeratne, 2015) It is plainly visible in the table 5 that the estimated saving exceeds USD 17.5 Million reflecting a substantial saving of 19% against the current empty reposition cost. Table 5 finally provides the estimated savings expected from each container type namely, 20'GP, 40'GP and HC, 45' HC and 20'& 40' RF.…”

“…Shipping is a derived demand in economic terms (Edirisinghe, Zhihong, & Wijeratne, 2015). Accordingly, the shipping industry has been playing a vital role in sustaining world trade and the economy.…”

Multi-objective evolutionary algorithm for a ship routing problem in maritime logistics collaboration

“…Yang et al (2011) investigated the influence of increasing ship size to the stability of alliance by applying the core theory (cooperative game theory) to study the economic performance and stability of liner shipping alliance. Finally, Edisiringhe et al (2015) studied collaboration between shipping lines through container interchange to deal with container inventory imbalance issue in Sri Lanka.…”

Strategic Marketing Approach in Container Shipping: Application of Ten S Model

“…Edirisinghe, Jin, & Wijeratne, [2] (In press) investigates, the strategies that are currently used by shipping lines to manage their container inventories efficiently and effectively One of the most striking developments in the global economy since World War II has been the tremendous growth in international trade [1]. The total sum spent on repositioning of an empty container (MTY) is a complex calculation because the cost parameters are numerous and varied [3]. Shipping is a business that grew up with the world economy, exploring and exploiting the ebb and flow of trade [2].…”

“…Shipping is a business that grew up with the world economy, exploring and exploiting the ebb and flow of trade [2]. The CIM decisions are usually influenced by many factors [4].From 1981 to 2009, global transport of containerized cargo increased approximately 3.3 times faster than the world's GDP [3]. World's very first all-container ship "Gateway city" was found in 1950 [4] and containerization was commercially implemented in the US in the mid-1950s [1] and is the driver of the twentieth century economic globalization and world container port throughput increased by an estimated 3.8 per cent to 601.8 million 20-foot equivalent units (TEUs) in 2012 [5].…”