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A Simple Model for Estimating Newbuilding Costs

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  • Robert F Mulligan

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    (Department of Accountancy, Finance, Information Systems & Economics, College of Business, Western Carolina University, Cullowhee, NC, USA.)

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    Abstract

    This paper presents a simple model for estimating newbuilding costs. Regression equations are estimated on a large data set of recent 2003–2007 shipyard deliveries reported in Lloyd's Shipping Economist. The equations developed in this paper can be used in a wide variety of economic analyses involving new ship construction and operating costs. The models presented here capture the most modern design and construction techniques, and most up-to-date cost information, compared to those previously described in the literature. Maritime Economics & Logistics (2008) 10, 310–321. doi:10.1057/mel.2008.8

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    Bibliographic Info

    Article provided by Palgrave Macmillan in its journal Maritime Economics & Logistics.

    Volume (Year): 10 (2008)
    Issue (Month): 3 (September)
    Pages: 310-321

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    Handle: RePEc:pal:marecl:v:10:y:2008:i:3:p:310-321

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    Cited by:
    1. Stephen, James D. & Mabee, Warren E. & Saddler, Jack N., 2013. "Lignocellulosic ethanol production from woody biomass: The impact of facility siting on competitiveness," Energy Policy, Elsevier, vol. 59(C), pages 329-340.

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