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Article
Publication date: 21 May 2021

Burak Cankaya, Berna Eren Tokgoz, Ali Dag and K.C. Santosh

This paper aims to propose a machine learning-based automatic labeling methodology for chemical tanker activities that can be applied to any port with any number of active tankers…

Abstract

Purpose

This paper aims to propose a machine learning-based automatic labeling methodology for chemical tanker activities that can be applied to any port with any number of active tankers and the identification of important predictors. The methodology can be applied to any type of activity tracking that is based on automatically generated geospatial data.

Design/methodology/approach

The proposed methodology uses three machine learning algorithms (artificial neural networks, support vector machines (SVMs) and random forest) along with information fusion (IF)-based sensitivity analysis to classify chemical tanker activities. The data set is split into training and test data based on vessels, with two vessels in the training data and one in the test data set. Important predictors were identified using a receiver operating characteristic comparative approach, and overall variable importance was calculated using IF from the top models.

Findings

Results show that an SVM model has the best balance between sensitivity and specificity, at 93.5% and 91.4%, respectively. Speed, acceleration and change in the course on the ground for the vessels are identified as the most important predictors for classifying vessel activity.

Research limitations/implications

The study evaluates the vessel movements waiting between different terminals in the same port, but not their movements between different ports for their tank-cleaning activities.

Practical implications

The findings in this study can be used by port authorities, shipping companies, vessel operators and other stakeholders for decision support, performance tracking, as well as for automated alerts.

Originality/value

This analysis makes original contributions to the existing literature by defining and demonstrating a methodology that can automatically label vehicle activity based on location data and identify certain characteristics of the activity by finding important location-based predictors that effectively classify the activity status.

Details

Journal of Modelling in Management, vol. 16 no. 4
Type: Research Article
ISSN: 1746-5664

Keywords

Article
Publication date: 23 June 2018

Burak Pirgaip and Ali Hepsen

This paper aims to answer how effective the loan-to-value (LTV) regulation has been since 2011 for conventional and Islamic (participation) banks in Turkey in terms of curbing…

Abstract

Purpose

This paper aims to answer how effective the loan-to-value (LTV) regulation has been since 2011 for conventional and Islamic (participation) banks in Turkey in terms of curbing mortgage loan growth and delinquency[1].

Design/methodology/approach

The authors first use unit root tests and tests of difference in loan and property price data in pre-LTV and post-LTV period. Second, the authors follow Chow test and ordinary least squares regression analyses to test for a structural break when sensitivity of mortgage loan and delinquency growth changes to property price changes considered.

Findings

The authors find that two periods are statistically different, while the significance level is lower for Islamic banks. Moreover, loan growth has become less responsive to property price increases; delinquency sensitivity to property price changes has significantly increased in the post-LTV period for conventional banks, while this is not the case for Islamic (participation) banks.

Originality/value

This paper not only increases empirical evidence regarding the effectiveness of LTV ratio policy but also fills the gap in the literature by providing a comparison between conventional banks and Islamic (participation) banks.

Details

International Journal of Islamic and Middle Eastern Finance and Management, vol. 11 no. 4
Type: Research Article
ISSN: 1753-8394

Keywords

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