Documents

DOI

  • O. Soto Reyes
  • P. Taneja
  • B. A. Pielage
  • M. Van Schuylenburg
This paper presents a study carried out to first assess the impact of the Panama Canal expansion (PCE) on selected Caribbean ports, and thereafter, to examine how the ports can adapt in order to seize new opportunities created by the expansion. An applied case of long-term dynamic planning and flexibility in engineering design is presented for a new port terminal in Barranquilla, Colombia. Furthermore, this paper presents the results of a stochastic method for quantifying opportunities from containerized traffic using dynamic forecasting, real options analysis, and Monte Carlo simulation, within the framework and spirit of adaptive port planning under uncertainty.
Original languageEnglish
Title of host publicationPorts 2019
Subtitle of host publicationPort Planning and Development - Papers from Sessions of the 15th Triennial International Conference
EditorsPooja Jain, William S. Stahlman
PublisherAmerican Society of Civil Engineers (ASCE)
Pages287-300
Number of pages14
ISBN (Electronic)9780784482629
DOIs
Publication statusPublished - 2019
Event15th Triennial International Conference on Ports 2019: Port Planning and Development - Pittsburgh, United States
Duration: 15 Sep 201918 Sep 2019

Conference

Conference15th Triennial International Conference on Ports 2019: Port Planning and Development
CountryUnited States
CityPittsburgh
Period15/09/1918/09/19

    Research areas

  • adaptive, Dynamic Forecasting, Dynamic planning, flexibility, Monte Carlo Simulation, opportunities, Real Options, uncertainty

ID: 62457935