1. bookVolume 25 (2017): Issue 1 (March 2017)
Zeitschriftendaten
License
Format
Zeitschrift
Erstveröffentlichung
30 Mar 2017
Erscheinungsweise
4 Hefte pro Jahr
Sprachen
Englisch
access type Open Access

Prediction of a Newbuilding Proce of the Bulk Carriers based on Gross Tonnage GT and Main Engine Power

Online veröffentlicht: 23 Jan 2017
Seitenbereich: 42 - 45
Eingereicht: 01 Jun 2016
Akzeptiert: 01 Oct 2016
Zeitschriftendaten
License
Format
Zeitschrift
Erstveröffentlichung
30 Mar 2017
Erscheinungsweise
4 Hefte pro Jahr
Sprachen
Englisch

The paper presents mathematical relationships that allow us to forecast the newbuilding price of new bulk carriers, based on data concerning vessels built in 2005-2015. The presented approximations allow us to estimate the price based on a gross tonnage capacity and a main engine power The approximations were developed using linear regression and the theory of artificial neural networks. The presented relations have practical application for estimation of bulk carrier newbuilding price needed in preliminary parametric design of the ship. It follows from the above that the use of artificial neural networks to predict the price of a bulk carrier brings more accurate solutions than linear regression.

[1] T. Abramowski. “Application of Artificial Intelligence Methods to Preliminary Design of Ships and Ship Performance Optimization”, Naval Engineers Journal, vol. 125 (3), pp. 101-112, 2013.Search in Google Scholar

[2] T. Abramowski. “Application of artificial neural networks to assessment of ship manoeuvrability qualities”, Polish Maritime Research, vol. 15, No 2(56), pp 15-21, 2008.Search in Google Scholar

[3] V. Bertram. “Resistance and propulsion” in Practical Ship Hydrodynamics, Butterworth-Heinemann, 2000, pp. 62-95.Search in Google Scholar

[4] L. Buczkowski. “Teoria projektowania okrętów” in Podstawy budownictwa okrętowego część II, skrypt Politechniki Gdańskiej, Gdańsk, 1974, pp. 96-181.Search in Google Scholar

[5] W. Chądzyński. “Teoretyczne podstawy procesu projektowania” in Elementy współczesnej metodyki projektowania obiektów pływających, Prace naukowe Politechniki Szczecińskiej nr 563, Szczecin, 2001, pp. 39-65.Search in Google Scholar

[6] E.W. Maruszewska. „Applicability of activity based costing in new product development processes”, in Management Systems in Production Engineering, No1(17), pp. 35-39. 2015.Search in Google Scholar

[7] J. P. Michalski. “Parametric method of preliminary prediction of the building costs”, Polish Maritime Research, Special Issue, pp. 16-19. 2004.Search in Google Scholar

[8] A. Papanikolaou. “General on Ship Design” in Ship Design. Methodologies of Preliminary Design, SPRINGER, Editor: Apostolos Papanikolaou, 2014, pp. 1-68.Search in Google Scholar

[9] K.J. Rawson and E.C. Tupper. “Some tools” in Basic Ship Theory Hydrostatics and Strength, Elsevier, 2001, pp. 7-52.Search in Google Scholar

[10] K.J. Rawson and E.C. Tupper. “Powering of ship: general principles” in Basic Ship Theory. Ship Dynamics and Design, Elsevier, 2001, pp. 381-423.Search in Google Scholar

[11] H. Schneekluth and V. Bertram. “Main dimensions and main ratios” in Ship Design for Efficiency and Economy, Butterworth/Heinemann, 1998, pp. 2-33.Search in Google Scholar

[12] D.G.M. Watson. “Setting design requirements” in Practical Ship Design, Gulf Professional Publishing, 2002, pp. 35-133.Search in Google Scholar

Recommended articles from Trend MD

Plan your remote conference with Sciendo