Eco-design ships : an industry game-changer or just hype?

2014

Masteroppgave i økonomi og administrasjon – Universitetet i Agder 2014 This thesis examines the on going discussion whether new Eco-design vessels are an industry game-changer or just hype. The empirical results show that the new Eco-design vessel gains the highest net present value (NPV) if both the Eco- and the Standard vessel steam equally and both vessels are priced at market levels. The Standard vessel is however the favourable vessel if its greater speed range is taken into account. Thus, higher vessel revenue by conducting more voyages when good markets exist. Medium Range (MR) Eco- new buildings were in 2012/2013 reported booked at-/or lower than shipyards break-even. Pricing the Ec…