Ship Design pp 439-447 | Cite as

Estimation of Building Cost

  • Apostolos PapanikolaouEmail author


This chapter deals with the estimation of ship’s building cost for the needs of preliminary design, in which ship’s main dimensions and other characteristics need to be determined, taking into account a given transport capacity and speed in accordance to the requirements of an interested ship owner. As the preliminary design procedure is inherently an optimization procedure of ship’s main characteristics, we need to define first the optimization problem in hand and its relationship to the ship’s building cost. We proceed then with an analysis of ship’s building cost and present methods on how to estimate the main components of ship’s building cost. The variability of the ship’s building cost and volatility of ship market prices are highlighted.


Steel Structure Freight Rate Cargo Ship Main Engine Ship Type 
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Copyright information

© Springer Science+Business Media Dordrecht 2014

Authors and Affiliations

  1. 1.School of Naval Architecture & Marine Engineering—Ship Design LaboratoryNational Technical University of AthensZografou—AthensGreece

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