SPAR Upgrades Cost Estimating Models

Wednesday, July 15, 2009

SPAR’s cost estimating models have recently been upgraded in an effort to provide complete life cycle cost estimates. Mono-hull, trimaran and catamaran hull forms all have separate cost models. Other models focus on specific ship types, including tankers and product carriers, Ro-Con-PAX ships, research vessels and barges. Military ship cost models include patrol boats, cutters, frigates, and amphibious ships.

The cost models are parametric and offer a wide range of options: dimensional; cargo carrying capacity; propulsion systems; crew and passenger size; structural materials, systems and equipment.  Details of the estimate are generated at approximately the 3-digit SWBS level.  The cost models also produce cost risk based upon estimates of expected engineering and shipbuilder’s capabilities and expertise as well as estimates of relative design complexities and expected build strategies. 

For life cycle costs, annual estimates are generated for capital financing and return on equity; maintenance; salvage/resale; insurance; administration; supplies and crew. Fuel, port and drayage costs complete the operational cost estimates where average voyage scenarios (speeds and distances) are defined by the estimator.  The cost models develop Required Freight Rates (“RFR”) on the basis of unit (trailer, TEU, barrels, etc.) voyage cost, tonnage, and/or equivalent statute land miles.  The models allow sensitivity cost studies such as tracking RFR versus fuel costs and many other design, construction and operational parameters. 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

New Products

SCHOTTEL Debuts EcoPeller with High-torque Gears

Propulsion and steering systems manufacturer SCHOTTEL has unveiled its new EcoPeller (SRE), which it said offers improved efficiency and robustness. Playing a

Voice-data Communications and HDTV in One System

PDQ’s OneSource System provides long range cell, wi-fi and high definition TV in one system for mobile users.   San Diego wireless company PDQ Connect has developed

Unmanned Aircraft Features Maritime Radar

An updated version of the shipborne UAS AR3 NET RAY is touted as the first in class providing maritime radar capability   The UAS producer TEKEVER is launching at Xponential-AUVSI,

Finance

MARAD: $5 Mln Available for Marine Highway Projects

The Maritime Administration (MARAD) has announced the availability of $5 million in Federal funding to expand marine highway service by creating new or expanding

Baltic Index Down on Lower Capesize, Panamax Rates

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped on Friday, as demand for capesize and panamax vessels fell.

Oil Rally is Not Just About Hedge Funds: Kemp

Oil prices are becoming dangerously overheated as speculators anticipate a rebalancing of supply and demand that has barely started, according to many oil analysts.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0783 sec (13 req/sec)