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Parametric method of prediction of the ship operating costs

Michalski J. P.

Polish Maritime Research

2004

S 1

20-23

Paper presents results of studies on a parametric method of predicting ship operating costs - useful in the preliminary ship design. Conception and theoretical basis of the method are presented, identified are also factors of significant importance for the ship operating costs, taking into account changes in the value of money. Approximation formulae for estimating the operating cost components have been developed as well as a computational algorithm based on a minimum Required Freight Rate (RFR). The useful character of the method is illustrated by examples of operating cost predictions for four different ship types designed in the Eureka project E!2772, i.e.: SINE 202 universal container carrier, SINE 203 oil product tanker, SINE 204 ro-ro ship and SINE 205 river-sea ship.