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Lecture 11 – Design economic assessment and ship building - Coggle Diagram
Lecture 11 – Design economic assessment and ship building
Running costs categories
Operating costs
Periodic maintenance costs
Voyage costs
Capital costs
Cargo handling cost
Expanded Costs Categories - Terminology
OPEX
“Cost of Operations”
CAPEX
“Cost of Assets”
REVEX
“Cost of Sales”
FINEX
“Cost of Money”
Economic KPIs of ships
.
• Net present Value (NPV)
• Net Present Costs (NPC)
• Internal Rate of Return (IRR)
• Required Freight Rate (RFR)
• Payback period
• Average Annual Costs (AAC)
• Life Cycle Costs (LCC)
Shipbuilding costs
Labor and overhead
• Overheads (Indirect costs)
• Direct labor
Materials
.
• Major purchases
• Main engine
• Steel
• Other
Related costs
• Interest on capital
Block Construction
.
Blocks are prefabricated in a block-factory (might include the installation of various systems)’
Blocks are moved/lifted to the building dock
Block are assembled in the building dock
Modularisation
Prefabrication
Minimization of on-board work
More efficient working
environment
Efficiency and quality gains
Shipyard organization
.
• Line organization
• Matrix management
• Shipbuilding project organization
Shipyard organization
Different types of subcontracting
Special subcontracting
Standard subcontracting
Capacity sub-contracting
Subcontracting challenges
.
• Delivery problems, delays: force majeure reasons (e.g. covid-19)
• Transportation challenges
• Quality / performance issues
• Communications, information flow
• Intellectual property rights (IPR) issues