An algorithmic approach for maritime transportation
International Journal of Advanced Computer Science and Applications
Starting from the 3rd millennium BC, Indian maritime trade has augmented the life of a common man and businesses alike. This study, finds that India can leverage on the 7,500 long coast line and derive holistic development in terms of interconnected ports with hinterland connectivity and realize lower expenditure coupled with reduced carbon emission. This research analyzed a decade of cargo data from origination to destination and found that around 82.95 per cent (953 MMTPA in 2017-18) of road based consignments in India comprised of Fertilizers, Hydrocarbons, Coal, Lubricants and Oil. Essentially, a quantum of this i.e. 78.39 per cent of MMTPA cargo consignments (State Owned Hydrocarbons) traverses on Indian roads. The study drew parameters of this transportation paradigm and modeled the same using Artificial Intelligence to depict a monumental opportunity to rationalize costs, improve efficiency and reduce carbon emission to strengthen the argument for the employment of Multimodal Logistics in the Maritime Sector. Subsequent to model derivation the same set of parameters are plotted as an efficient transit map of Interstate transit lines connecting 16 major hubs which now handle bulk cargo shipped by all modes of transport. For the pollution segment a collaborative game theoretic approach i.e., Shapley value is proposed for improved decision making. This study presents data driven and compelling research evidence to portray the benefits of collaboration between firms in terms of time and cost. The study also proposes the need and method to improve hinterland connectivity using a scalable greedy algorithm which is tested with real time data of Coal and Bulk Cargo. As a scientific value addition, this study presents a mathematical model that can be implemented across geographies seamlessly using Information Communication Technology.
Pinakpani, Peri; Polisetty, Aruna; N Rao, G. Bhaska; and Harrison Sunil, D., "An algorithmic approach for maritime transportation" (2020). Open Access Archive. 560.