Life Cycle Cost Model Transfer Vessel

Description

Total cost of ownership (TCO) model for Crew Transfer Vessels is given. Estimates the total cost of the vessel over its complete life cycle.

Both operational costs (OPEX) and capital expenditure (CAPEX) of the vessel are modeled.  The output of the model includes Financial Statements, Financial Ratio Analysis, a (DCF) Discounted Cash Flow Model, an (ROI) Return on Investment analysis and a Monte Carlo Simulation. The product includes a data set of vessels for bench marking purposes.

Incorporated drivers are fuel cost, crewing cost, new building value, residual value, financing structure, maintenance, depreciation, interest, insurance, management fees, harbor dues, spare parts, lubrication oils and more. TCO is calculated on various operating profiles in ports and offshore.

Why should you purchase this product?

• As a sales tool if you are a broker, shipbuilder or owner
• As a bench-marking tool to benchmark your vessels performance
• As a decision-making instrument when buying a new or secondhand vessel
• For annual accounting and audits purposes
• For academic research
• In case of tendering for governmental organizations
• To arrange security for a future or an existing mortgage
• To arrange insurance
• To write an investment prospectus
• To set up lease or financing contracts
• To decide on a potential investment

Included analyses

• Financial Statements based on IFRS as accepted by most financial institutions
  • Income Statement
  • Balance Sheet
  • Cashflow Statement
  • Ratio Analysis
  • Charts
• Discounted Cash Flow (DCF) analysis to determine the Net present Value
• Return on Investment (ROI) analysis
• New Building Value Model
• Residual Value Model
• Operating Profile Model
• Monte Carlo simulation is included to define model sensitivities

Included data

• Reference vessels
• Shipyards and design houses
• AIS (Global Ship Tracking) data
• Operational profiles
• Historical financial data of interest rates, and inflation
• Historical marine fuel prices
• Historical wages data set

Parametric model

The TCO model is built upon the following parameters and dependencies:

• Crew costs
• Fuel cost & consumption
• New building and residual vessel value
• Charter rates
• Maintenance rates
• Spare parts
• Lubrications
• Harbor dues
• Management fees
• Insurance
• Financing structure
• Discount rate
• Inflation
• Currency exchange rates
• Financing cost
• Interest rate
• Depreciation

Who would benefit from this TCO model?

• Owners
• Operators
• Brokers
• Shipbuilders
• Ship designers
• Investors
• Financial institutions
• Lawyers
• Charterers
• Insurance companies

Delivery

• Pitch deck
• Analysis and models (Excel)
• Datasets (Excel or CSV format)
• Delivery time: 2-3 weeks
• Delivery according to our Terms & Conditions