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Discrete Dynamics in Nature and Society
Volume 2014, Article ID 216057, 11 pages
http://dx.doi.org/10.1155/2014/216057
Research Article

Pricing Scheme of Ocean Carrier for Inbound Container Storage for Assistance of Container Supply Chain Finance

1Department of Transportation Engineering, College of Civil Engineering, Shenzhen University, Shenzhen 518060, China
2Research Center on Fictitious Economy and Data Science, Chinese Academy of Sciences, Beijing 100190, China
3School of Economics and Management, Beijing University of Chemical Technology, Beijing 100029, China

Received 12 February 2014; Revised 21 May 2014; Accepted 22 May 2014; Published 15 June 2014

Academic Editor: Chuangxia Huang

Copyright © 2014 Mingzhu Yu et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

The aim of this paper is to investigate the pricing scheme of ocean carrier for inbound container storage so as to assist container supply chain finance. In this paper, how an ocean carrier should set price of inbound container storage to the customer while facing the contract from the container terminal operator is first analyzed. Then, two different contract systems, the free-time contract system which is widely used in practice and the free-space contract system which is newly developed recently, are considered. In the two different contract systems, inbound container storage pricing models are constructed, and accordingly optimal solution approaches for the ocean carrier are provided. For comparison purpose, some numerical experiments for the two different contract systems are conducted to investigate the effects of the container terminal operator’s decision on the system outcomes. Numerical experiments show that (1) the carrier is more flexible in the free-space contract system and can receive more profit by using the free-storage-space as a pooling storage system and (2) the free-space contract system benefits both the carrier in profit and the busy terminal in traffic control.