• Maximizing the rate of return on the capital employed in shipping capacity renewal 

      Mørch, Ove; Fagerholt, Kjetil; Pantuso, Giovanni; Rakke, Jørgen Glomvik (Journal article; Peer reviewed, 2017)
      Decisions regarding investments in capacity expansion/renewal require taking into account both the operating fitness and the financial performance of the investment. While several operating requirements have been considered ...
    • Planning for charters: A stochastic maritime fleet composition and deployment problem 

      Wang, Xin; Fagerholt, Kjetil; Wallace, Stein W. (Journal article; Peer reviewed, 2017)
      This paper introduces a chartering problem that arises in the shipping industry. The chartering decisions determine the time-charter contracts to enter into, in particular, how many ships of each type to charter in, and ...
    • 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 ...