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This book describes a wide range real-case applications of Multi-Criteria Decision Making (MCDM) in maritime related subjects including shipping, port, maritime logistics, cruise ports, waterfront developments, and shipping finance, etc. In such areas, researchers, students and industrialists, in general, felt struggling to find a step-by-step guide on how to apply MCDM to formulate effective solutions to solving real problems in practice. This book focuses on the in-depth analysis and applications of the most well-known MDCM methodologies in the aforementioned areas. It brings together an eclectic collection of twelve chapters which seek to respond to these challenges. The book begins with an introduction and is followed by an overview of major MCDM techniques. The next chapter examines the theory of analytic hierarchy process (AHP) in detail and investigates a fuzzy AHP (FAHP) approach and its capability and rationale in dealing with decision problems of ambiguous information. Chapter 4 proposes a generic methodology to identify the key factors influencing green shipping and to establish an evaluation system for the assessment of shipping greenness. In Chapter 5, the authors describe a new function of fuzzy Evidential Reasoning (ER) to improve the vessel selection process in which multiple criteria with insufficient and ambiguous information are evaluated and synthesized. Chapter 6 presents a novel methodology by using an Artificial Potential Field (APF) model and the ER approach to estimate the collision probabilities of monitoring targets for coastal radar surveillance. Chapter 7 develops the inland port performance assessment model (IPPAM) using a hybrid of AHP, ER and a utility function. The next chapter showcases a challenging approach to address the risk and uncertainty in LNG transfer operations, by utilizing a Stochastic Utility Additives (UTA) method with the help of the philosophy of aggregation–disaggregation coupled with a robustness control procedure. Chapter 9 uses Entropy and Grey Relation Analysis (GRA) to analyze the relative weights of financial ratios through the case studies of the four major shipping companies in Korea and Taiwan: Evergreen, Yang Ming, Hanjin and Hyundai Merchant Marine. Chapter 10 systemically applies modern heuristics to solving MCDM problems in the fields of operation optimisation in container terminals. Arguing that bunkering port selection is typically a multi-criteria group decision problem, and in many practical situations, decision makers cannot form proper judgments using incomplete and uncertain information in an environment with exact and crisp values, in Chapter 11, the authors propose a hybrid Fuzzy-Delphi-TOPSIS based methodology with a sensitivity analysis. Finally, Chapter 12deals with a new conceptual port performance indicators (PPIs) interdependency model using a hybrid approach of a fuzzy logic based evidential reasoning (FER) and a decision making trial and evaluation laboratory (DEMATEL).

Business. --- Production management. --- Transportation engineering. --- Traffic engineering. --- Business and Management. --- Operations Research/Decision Theory. --- Operations Management. --- Transportation Technology and Traffic Engineering. --- Decision making. --- Shipping. --- Marine shipping --- Marine transportation --- Maritime shipping --- Ocean --- Ocean traffic --- Ocean transportation --- Sea transportation --- Shipping industry --- Water transportation --- Communication and traffic --- Marine service --- Transportation --- Merchant marine --- Deciding --- Decision (Psychology) --- Decision analysis --- Decision processes --- Making decisions --- Management --- Management decisions --- Choice (Psychology) --- Problem solving --- Economic aspects --- Decision making --- Operations research. --- Traffic Engineering. --- Engineering, Traffic --- Road traffic --- Street traffic --- Traffic, City --- Traffic control --- Traffic regulation --- Urban traffic --- Highway engineering --- Transportation engineering --- Manufacturing management --- Industrial management --- Operational analysis --- Operational research --- Industrial engineering --- Management science --- Research --- System theory --- Civil engineering --- Engineering

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This book belongs to the Port Economics and Global Supply Chain Management strand of the Palgrave Studies in Maritime Economics book series, commissioned by Hercules Haralambides. This book addresses the security of the global system of maritime-based trade, with a focus on container security. Existing discussions about maritime security are almost always tactical, myopic, and fragmented. This book strives to overcome such defects by discussing maritime security from its myriad perspectives – how we should think about it, how we could measure it, and how we can better manage/control it. In this way, the authors examine the ways in which maritime stakeholders can and should work together to build a more secure and resilient global system of maritime trade. .

Merchant marine --- Security measures. --- Mercantile marine --- Marine service --- Shipping --- Shipping. --- Maritime Economics. --- Marine shipping --- Marine transportation --- Maritime shipping --- Ocean --- Ocean traffic --- Ocean transportation --- Sea transportation --- Shipping industry --- Water transportation --- Communication and traffic --- Transportation --- Economic aspects