Recently a book entitled Engineering Economics and Ship Design was published by the British Ship Research Association. The book provides a background of the economic environment in which marine transport operates as well as the mechanics of making economic calculations. Shipbuilders are involved in the sense that they must attempt to design the optimal vessel. The optimal vessel is defined as the largest possible vessel offering the lowest freighting cost per ton with the maximum possible speed. The optimal combination of length, draft, breadth, depth, speed and block coefficient values must be evaluated to arrive at the design giving the highest economic return. It is recognized that it may well be worthwhile for the shipowner to speed more initially in obtaining the vessel in order to save on operating costs and receive greater returns in the long run.

  • Corporate Authors:

    Transport and Technical Publications Limited

    161-166 East Fleet Street
    London EC4,   England 
  • Publication Date: 1971-10-1

Media Info

  • Features: Figures;
  • Pagination: p. 26-27
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00028792
  • Record Type: Publication
  • Source Agency: United States Merchant Marine Academy
  • Files: TRIS
  • Created Date: Apr 21 1974 12:00AM