Dynamic Planning for Flexible Port Infrastructure after Panama Canal Expansion: A Real Case Study

O. Soto Reyes; P. Taneja; B. A. Pielage; M. Van Schuylenburg

doi:10.1061/9780784482629.028

Dynamic Planning for Flexible Port Infrastructure after Panama Canal Expansion: A Real Case Study

O. Soto Reyes, P. Taneja, B. A. Pielage, M. Van Schuylenburg

Rivers, Ports, Waterways and Dredging Engineering

Research output: Chapter in Book/Conference proceedings/Edited volume › Conference contribution › Scientific › peer-review

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Abstract

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 language	English
Title of host publication	Ports 2019
Subtitle of host publication	Port Planning and Development - Papers from Sessions of the 15th Triennial International Conference
Editors	Pooja Jain, William S. Stahlman
Publisher	American Society of Civil Engineers (ASCE)
Pages	287-300
Number of pages	14
ISBN (Electronic)	9780784482629
DOIs	https://doi.org/10.1061/9780784482629.028
Publication status	Published - 2019
Event	15th Triennial International Conference on Ports 2019: Port Planning and Development - Pittsburgh, United States Duration: 15 Sept 2019 → 18 Sept 2019

Conference

Conference	15th Triennial International Conference on Ports 2019: Port Planning and Development
Country/Territory	United States
City	Pittsburgh
Period	15/09/19 → 18/09/19

Bibliographical note

Accepted Author Manuscript

Keywords

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

Access to Document

10.1061/9780784482629.028

519577_SotoOscar et al_rev06Accepted author manuscript, 794 KB

Cite this

Reyes, O. S., Taneja, P., Pielage, B. A., & Van Schuylenburg, M. (2019). Dynamic Planning for Flexible Port Infrastructure after Panama Canal Expansion: A Real Case Study. In P. Jain, & W. S. Stahlman (Eds.), Ports 2019: Port Planning and Development - Papers from Sessions of the 15th Triennial International Conference (pp. 287-300). American Society of Civil Engineers (ASCE). https://doi.org/10.1061/9780784482629.028

Reyes, O. Soto ; Taneja, P. ; Pielage, B. A. et al. / Dynamic Planning for Flexible Port Infrastructure after Panama Canal Expansion : A Real Case Study. Ports 2019: Port Planning and Development - Papers from Sessions of the 15th Triennial International Conference. editor / Pooja Jain ; William S. Stahlman. American Society of Civil Engineers (ASCE), 2019. pp. 287-300

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abstract = "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.",

keywords = "adaptive, Dynamic Forecasting, Dynamic planning, flexibility, Monte Carlo Simulation, opportunities, Real Options, uncertainty",

author = "Reyes, {O. Soto} and P. Taneja and Pielage, {B. A.} and {Van Schuylenburg}, M.",

note = "Accepted Author Manuscript; 15th Triennial International Conference on Ports 2019: Port Planning and Development ; Conference date: 15-09-2019 Through 18-09-2019",

year = "2019",

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editor = "Pooja Jain and Stahlman, {William S.}",

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Reyes, OS, Taneja, P, Pielage, BA & Van Schuylenburg, M 2019, Dynamic Planning for Flexible Port Infrastructure after Panama Canal Expansion: A Real Case Study. in P Jain & WS Stahlman (eds), Ports 2019: Port Planning and Development - Papers from Sessions of the 15th Triennial International Conference. American Society of Civil Engineers (ASCE), pp. 287-300, 15th Triennial International Conference on Ports 2019: Port Planning and Development, Pittsburgh, United States, 15/09/19. https://doi.org/10.1061/9780784482629.028

Dynamic Planning for Flexible Port Infrastructure after Panama Canal Expansion: A Real Case Study. / Reyes, O. Soto; Taneja, P.; Pielage, B. A. et al.
Ports 2019: Port Planning and Development - Papers from Sessions of the 15th Triennial International Conference. ed. / Pooja Jain; William S. Stahlman. American Society of Civil Engineers (ASCE), 2019. p. 287-300.

Research output: Chapter in Book/Conference proceedings/Edited volume › Conference contribution › Scientific › peer-review

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AB - 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.

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KW - Monte Carlo Simulation

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Reyes OS, Taneja P, Pielage BA, Van Schuylenburg M. Dynamic Planning for Flexible Port Infrastructure after Panama Canal Expansion: A Real Case Study. In Jain P, Stahlman WS, editors, Ports 2019: Port Planning and Development - Papers from Sessions of the 15th Triennial International Conference. American Society of Civil Engineers (ASCE). 2019. p. 287-300 doi: 10.1061/9780784482629.028

Dynamic Planning for Flexible Port Infrastructure after Panama Canal Expansion: A Real Case Study

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Keywords

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