This paper introduces a framework for joint hub network development. Building a joint physical hub for transhipment of goods is expensive and therefore involves considerable risks for the cooperating companies. In a practical setting, it is unlikely that an entire network will be built at once....

In this paper we present a classical shipping model of the LPG, the ammonia and the petrochemical freight market that has recently been developed for use in industry practice. The aim is on the one hand to fill the gap of modeling the gas markets which to date have basically been ignored in the...