Albert Veenstra

Albert Veenstra
Eindhoven University of Technology | TUE · Department of Industrial Engineering and Innovation Sciences

PhD

About

62
Publications
24,800
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966
Citations

Publications

Publications (62)
Article
Full-text available
In this paper, we propose an approach that combines optimization techniques with machine learning to improve capacitated barge planning with uncertain container arrivals. The main idea is to use the predictions of a decision tree in the scenario generation of a 2-stage stochastic program to plan the barge calls (i.e. visits) of a barge operator. Th...
Article
Full-text available
Barge transport suffers from a high degree of uncertainty resulting from unreliable container arrivals (e.g. due to deep sea vessel delays), and dynamism that leads to limited information availability during planning. This paper studies the impact of uncertainty and dynamism using real data of an inland terminal. Our method consists of iterating we...
Article
The World Customs Organization adopted more than a decade ago the Framework of Standards to Secure and Facilitate Global Trade (SAFE), introducing concepts of supply chain supervision and authorized operator schemes, as a reply to those days’ demands for increased security (WCO, 2018). Whereas the latter has been implemented in many countries, supp...
Article
Full-text available
Multimodal transport systems connect seaports to their hinterland and have potential economic, social and environmental advantages over road transport. However, currently this potential is realised only to a limited extent, and road transport still dominates the market. We have conducted in-depth interviews with practitioners to explore possible re...
Chapter
International supply chains require the movement of goods across borders. While moving goods internationally is already operationally complex, the regulatory requirements that need to be met complicate this further. In this chapter, we explain how and why international regulatory issues enter the supply chain. At the basic level, we discuss in some...
Preprint
In this position paper, we present our vision on the future of the logistics business domain and the use of information technology (IT) in this domain. The vision is based on extensive experience with Dutch and European logistics in various contexts and from various perspectives. We expect that the vision also holds for logistics outside Europe. We...
Chapter
In this chapter, we describe transactions in international trade transaction, and we zoom in on the ocean transport part of that transaction. We use transaction cost economics as our theoretical framework. We highlighted a number of ocean transport related processes that generate uncertainty and costs in logistics chains: the use of the container i...
Chapter
Terminal operator ECT in the port of Rotterdam sought to establish a multidisciplinary research group that would support the development of a strong multimodal hinterland network concept. This was the start of the ULTIMATE project. ULTIMATE aimed to support the development "towards efficient multimodal hinterland networks". The Ultimate research ag...
Chapter
Inland waterway transport is an important economic activity in the Netherlands and in Europe. Especially in the hinterland transport of containers, inland shipping is expected to form the backbone of a multimodal transport system. To support and strengthen the inland waterway industry in the Netherlands, the Dutch Government conducted a stimulus pr...
Article
Planning the transport of maritime containers from the seaport to final inland destinations is challenged by uncertainties regarding the time the container is released for further transport and the transit time from the port to its final destination. This paper assesses the value of information in container transport in terms of efficiency and reli...
Article
Different firms in multimodal hinterland networks, such as terminal operators, freight forwarders, information service providers, infrastructure managers, shippers and receivers, aim to contribute to a better performance of the overall supply chain. Terminal operators, for instance, are more and more involved in linking sea terminals with inland te...
Article
Nowadays, main participants in international container supply chains require better transparency for their shipments across their extended supply chains. Since the tragedy 9/11 another challenging issue 'assuring of container chains' has a powerful impact on the management of international supply chains. Concurrently, the facilitation of global tra...
Article
IntroductionTwenty-First-Century Dry Bulk Shipping MarketsInternational Division of Labor in Dry Bulk Shipping: Developments and ProspectsIllustrating Twenty-First Century Bulk Shipping Trends: Market PracticesSummaryReferences
Technical Report
Full-text available
The main challenges facing international intermodal container logistics include efficiency and security. These seemingly conflicting issues have a common solution: supply chain visibility, where visibility data can be shared between business and government. Technical solutions for supply chain visibility already exist, but the challenge lies in int...
Article
This paper sheds an empirical light on port development patterns by discussing the structure and the development of the Yangtze River ports system. We argue that the Yangtze River system is going through a regionalization phase, mainly in relation to the port of Shanghai. This process started on the lower Yangtze but is now also moving upstream. Th...
Article
This paper presents an exploration of the process of setting warranted ship speed and fuel consumption in ocean shipping time charter contracts. We formulate a conceptual model in which warranted ship speed and fuel consumption are related to an underperformance claim. We test hypotheses concerning the explanation of warranted and fuel consumption...
Article
This paper contains an empirical investigation of the relation between spot and period freight rates for the ocean dry bulk shipping market. This relation is commonly referred to as a term structure. This paper hypothesizes a present value model, expressing the period rate as expectations of future spot rates, to represent this relation. The presen...
Article
Full-text available
Planning the transport of maritime containers from the sea port to final destinations while using multiple transport modes is challenged by uncertainties regarding the time the container is released for further transport or the transit time from the port to its final destination. This paper assesses the value of information in container transport i...
Article
Full-text available
In maritime container transport, the random nature of vessel arrival and terminal service processes often lead to significant handling delays and/or resource underutilization. Arrival planning strategies (APS) promise to mitigate such undesirable effects by managing the variance of the terminal arrival process, taking different cost components and...
Article
This research aims at providing a quantitative benefits assessment of enhancing the visibility in global supply chains. In particular, we describe how we model physical and information processes in a global maritime supply chain, and how delays propagate under different information scenarios. We describe how the model logic is validated in the cont...
Article
Full-text available
In Europe, legislation about waste of electrical and electronic equipment (WEEE) recovery and recycling has been introduced in 2002, and corresponding legislation in the EU Member States was in place in August 2005 (EU-EC 2003). In the same period, China has been developing WEEE regulation as well. The main contribution to date to the Chinese legis...
Conference Paper
Despite the rapid economic growth in the Yangtze River Delta area, the Yangtze River itself lagged behind in the ratio of container volume to total freight volume. According to the Ministry of Communications' statistics, more than 70% of cargoes generated in the Yangtze Valley are suitable for containerised transport, but at this moment, only a fra...
Article
Full-text available
China has witnessed a rapid increase in waste electrical and electronics equipment (WEEE) in the recent years, but has not yet established corresponding recycling and disposal systems with appropriate administrative oversight. Consequently, most household waste appliances have neither been effectively recycled nor safely treated. However, efforts w...
Article
Full-text available
Despite the rapid economic growth in the Yangtze River Delta area, the Yangtze River itself is lagging behind as measured by the ratio of container volume to total freight volume. According to the Ministry of Communications’ statistics, more than 70% of cargoes generated in the Yangtze Valley are suitable for containerized transport, but, at this t...
Article
The aim of this paper is to provide a quantitative basis for the discussions about globalization of carriers and container terminal operators. A measuring framework is developed that allows for the comparison of the distribution of ship carrying capacity across various regions, and the comparison of the distribution of terminal throughput worldwide...
Article
Full-text available
There is a long history of modeling of prices of commodity transportation by sea. These prices are referred to as (ocean) freight rates. Early contributions go back to the work of Tinbergen and Koopmans in the 1930s. The shipping industry is characterized by an abun-dance of individual contract data, which is collected and published by so-called ch...
Conference Paper
Full-text available
This paper explores the benefits of supply chain collaboration in the dredging industry. More specifically, it looks at maintenance management in the dredging industry and the logistic consequences of different maintenance policies. The research uses a simulation model of a clearly identifiable component in a dredging vessel and the related spare p...
Article
Success in the shipping industry depends to large extent on the quality of the main asset: the ship. The owner or operator will ask herself: do I have the right ship for a certain job, and what performance can I achieve with a given ship. The relationship between the specifications of the ship, which are fixed in the design stage, and the economic...
Article
This paper discusses the importance of Zannetos’ 1966 book for the development of maritime economic thought. The main contributions of the book are recounted, and the empirical work in the book is reviewed.The analysis of the present paper is a citation research on the maritime economics literature that refers to the book. Of the 42 papers in the s...
Chapter
Worldwide repositioning of empty containers is a substantial problem for international container transport operators, and a major cost driver. While repositioning takes place between continents and operating areas, many containers also have to be repositioned in port hinterlands, such as that of the Port of Rotterdam. If, for some reason, cost savi...
Article
This paper describes a conceptual approach and presents a first study for analysing the economic performance of a container terminal design, using operational indicators. The study consists of the extension of an operational simulation model into a model allowing economic evaluation of the terminal in terms of cash flow generated. The concepts and...
Conference Paper
Price competition in liner shipping is generally considered harmful to the overriding goal of a stable facilitation of international trade. This issue has been at the center of debate for decades, between industry representatives, policymakers and academics. Nowadays, European and U.S. government policies, directed at deep-sea liner shipping, try t...
Technical Report
Full-text available
Since its appearance in 2003, the what has come to be known as “The Erasmus Report” has been making headlines throughout the world. This, mainly due to its finding that “liner shipping conferences have a stabilizing effect on freight rates and are thus a low cost ‘necessary evil’ for trade promotion and for the survival from destructive competition...
Article
INTERNATIONAL JOURNAL OF MARITIME ECONOMICS: (2002) 4, 405–406. doi:10.1057/palgrave.ijme.9100055
Article
International Journal of Maritime Economics (2002) 4, 301–303. doi:10.1057/palgrave.ijme.9100046
Article
Full-text available
Significant changes in the world economy, mainly linked to the increased internationalisation of the economy, have induced container shipping companies to rethink their strategies to face demand. Traditional forms of co-operation, generally based on route-related agreements, have been substituted or integrated with more articulated forms of allianc...
Article
This paper is a contribution to the strategic question: How can the continuity of the current education infrastructure for the maritime industry be secured? The analysis in the paper is based on concepts from institutional economics, in particular governance of institutional structures. The analysis is applied to the Netherlands. The Dutch maritime...
Article
Significant changes in the world economy, mainly linked to the increased internationalisation of the economy, have induced container shipping companies to rethink their strategies to face demand. Traditional forms of co-operation, generally based on route-related agreements, have been substituted or integrated with more articulated forms of allianc...
Article
Originally the Province of South Holland (the Netherlands) operated a one ferry ship system between Maassluis and Rozenburg at the New Waterway (the mouth of the Port of Rotterdam), This distance of approximately 800 meters is serviced by a car ferry between 6.00 AM and 12,00 PM. The current operator SBS BV was asked to make a proposal to operate t...
Article
Full-text available
This paper contributes to the literature on forecasting seaborne trade flows by presenting multivariate autoregressive time series models that can be used to produce long-term forecasts. The models are applied to forecasting the trade flows of four commodity markets (crude oil, iron ore, grain and coal) on major trade routes. The empirical results...
Article
The new Dutch shipping policy has given rise to high expectation and curiosity in the world of shipping. This, together with the obvious difficulties of an ex-post study of the effectiveness of such innovative policy, has prompted the authors to take an interest in attempting to investigate changes in ownership of the Dutch fleet 2 years after the...
Article
In this paper, a vector autoregressive model is developed for a sample of ocean dry bulk freight rates. Although the series of freight rates are themselves found to be non-stationary, thus precluding the use of many modelling methodologies, evidence provided by cointegration tests points to the existence of stable long-term relationships between th...
Article
In this paper, we present the development of services around the delivery of physical products. Some other industries have gone through a number of phases in the development of maintenance service concepts, and we draw attention to the possibilities in the maritime industry. In particular, we propose a method to assess the feasibility of a maritime...

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Projects (2)
Project
In today's ever more competitive world, companies are striving to achieve higher levels of profitability, and are looking for measures to increase the resilience of their supply chains. An effective management of the supply chain is one of the main drivers of business success. Risk minimization is one of the most important processes for designing a robust supply chain. We consider a global firm's supplier risk management problem, and propose a decision support tool for a global firm's supply chain.