Joint Maritime Bunker Hedging and Operational Consumption Based on CVaR Optimization

Maritime shipping is an important driver of global economic growth. Efficient green maritime technologies are critical for both the profitability and sustainability of shipping carriers due to the fact that fuel consumption has already made up 45–55% of the total operational cost of a ship. Moreover...

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Bibliographic Details
Main Authors: Xiaolin Sun, Jiajiao Chen, Wei Liu
Format: Article
Language:English
Published: MDPI AG 2023-04-01
Series:Journal of Marine Science and Engineering
Subjects:
Online Access:https://www.mdpi.com/2077-1312/11/5/894