Japanese shipping company Mitsui O.S.K. Lines (MOL) started operation of a new support system for car carrier allocation planning based on mathematical optimization.
Currently, MOL operates one of world’s car carrier fleets, with about 100 vessels. Ocean transport routes connecting automobile manufacturing plants and markets around the globe are diverse, and it is critical to keep the entire fleet operating at peak efficiency to meet the needs of customers worldwide.
That means the MOL Group needs to simulate transport routes per vessel several months ahead of time, and to achieve optimal, fleetwide solutions from theoretically millions of possible combinations involving all of its vessels.
In cooperation with Professor Shunji Umetani of Osaka University, MOL developed an algorithm that elicits the optimal allocation plan from an enormous number of combinations using mathematical optimization, and started operation of a system based on the algorithm.
Introduction of the system enables speedy decision making and greater flexibility in meeting changes in transport demand.
In addition, improvement of fleet-wide efficiency reduces fuel consumption per unit transported, reducing the environmental impact of fleet operation.
The MOL Group continually improves transport service quality by advancing Digital Transformation (DX) in a proactive manner, with the aim of becoming the customers’ first choice as a logistics business partner.
…MOL Group concluded.
