simulation modeling

Studying optimal fleet management and vessel routing for oil tankers in the Red Sea region using analytics and simulation modeling

The Red Sea region is a critical maritime passage connecting Europe, Asia, and Africa. It handles over **10% of global trade** and sees approximately **9 million barrels of oil** pass through it every day. Given its strategic importance, efficient fleet management and vessel routing are essential for ensuring uninterrupted oil supply to consumers worldwide. ## […]

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Date: February 23rd, 2024

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