{"title":"Rental pricing and empty container repositioning strategy for a one-way container rental service","authors":"Junseok Park , Ilkyeong Moon","doi":"10.1016/j.ocecoaman.2025.107684","DOIUrl":null,"url":null,"abstract":"<div><div>This paper investigates rental pricing and empty container repositioning (ECR) strategies for a one-way container rental service (OCRS). The proposed OCRS aims to address intercontinental container imbalances and alleviate financial burdens on shipping companies by optimizing rental pricing and ECR operations. Mathematical optimization models are developed to determine optimal prices and container utilization, complemented by two practical inventory management policies, namely periodic review and continuous review policies, to enhance real-world applicability. To further validate the robustness of the proposed service in stochastic environments, two highly practical rule-based heuristics are additionally proposed. Computational experiments evaluate the service’s profitability under various scenarios, revealing that the heuristic based on the continuous review policy demonstrates robust performance. The results underscore the potential of the OCRS to promote resource efficiency and to reduce logistical waste, paving the way for resilient and eco-friendly maritime logistics networks.</div></div>","PeriodicalId":54698,"journal":{"name":"Ocean & Coastal Management","volume":"267 ","pages":"Article 107684"},"PeriodicalIF":4.8000,"publicationDate":"2025-04-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Ocean & Coastal Management","FirstCategoryId":"93","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0964569125001462","RegionNum":2,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"OCEANOGRAPHY","Score":null,"Total":0}
引用次数: 0
Abstract
This paper investigates rental pricing and empty container repositioning (ECR) strategies for a one-way container rental service (OCRS). The proposed OCRS aims to address intercontinental container imbalances and alleviate financial burdens on shipping companies by optimizing rental pricing and ECR operations. Mathematical optimization models are developed to determine optimal prices and container utilization, complemented by two practical inventory management policies, namely periodic review and continuous review policies, to enhance real-world applicability. To further validate the robustness of the proposed service in stochastic environments, two highly practical rule-based heuristics are additionally proposed. Computational experiments evaluate the service’s profitability under various scenarios, revealing that the heuristic based on the continuous review policy demonstrates robust performance. The results underscore the potential of the OCRS to promote resource efficiency and to reduce logistical waste, paving the way for resilient and eco-friendly maritime logistics networks.
期刊介绍:
Ocean & Coastal Management is the leading international journal dedicated to the study of all aspects of ocean and coastal management from the global to local levels.
We publish rigorously peer-reviewed manuscripts from all disciplines, and inter-/trans-disciplinary and co-designed research, but all submissions must make clear the relevance to management and/or governance issues relevant to the sustainable development and conservation of oceans and coasts.
Comparative studies (from sub-national to trans-national cases, and other management / policy arenas) are encouraged, as are studies that critically assess current management practices and governance approaches. Submissions involving robust analysis, development of theory, and improvement of management practice are especially welcome.