SHIPCOST - VESSEL AND VOYAGE COSTING MODEL

John Arnold, Jr., George Panagakos

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Abstract

The paper describes SHIPCOST, a computer-based method developed first in 1984 by the World Bank, and subsequently refined, to evaluate vessel and voyage costs. The economics of vessel ownership and operation are examined and examples given of typical fleet voyage and trade costs, including a comparison between the use of newbuildings and secondhand ships. The separate fleet, ship and voyage modules included in the SHIPCOST model are discussed and typical applications given.
Original languageEnglish
JournalMarine Technology
Volume28
Issue number1
Pages (from-to)46-53
ISSN0025-3316
Publication statusPublished - 1991
Externally publishedYes

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