Disruption Management in Liner Shipping: A Service-Cost Trade-off Model for Vessel Schedule Recovery Problem

This paper focuses on the Vessel Schedule Recovery Problem (VSRP) with container flow recovery which aims to find the trade-off between service standards and recovery costs. Firstly, we divide the recovery strategies into three levels for hierarchical management. Second, a MINLP model is presented and can be solved by LINGO. At last, a real-life case study is investigated, and computational results indicate the model can be solved in a few minutes. It is verified that the proposed model is valid.