• Controlling Risk in Maritime Fleet Renewal - A Stochastic Programming Approach 

      Skålnes, Jørgen (Master thesis, 2017)
      This thesis considers the Maritime Fleet Renewal Problem (MFRP) including the risk of insolvency. The MFRP is a strategic problem with a planning horizon of several years. The literature review shows that relatively little ...
    • Risk Control in Maritime Shipping Investments 

      Skålnes, Jørgen; Fagerholt, Kjetil; Pantuso, Giovanni; Wang, Xin (Journal article; Peer reviewed, 2019)
      In this paper we extend the state-of-the-art stochastic programming models for the Maritime Fleet Renewal Problem (MFRP) to explicitly limit the risk of insolvency due to negative cash flows when making maritime shipping ...