Automatic identification system (AIS) data based ship-supply forecasting

Sandra Lechtenberg, Diego de Siqueira Braga & Bernd Hellingrath
Purpose: The bulk cargo shipping industry is characterized by high cost pressure. Chartering vessels at low prices is important to increase the margin of transporting cargo. This paper proposes a three-step, AI-based methodology to support this by forecasting the number of available ships in a region at a certain time. Methodology: Resulting from discussions with experts, this work proposes a threestep process to forecast ship numbers. It implements, compares and evaluates different AI approaches for...
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