Economic Evaluation Of Containership Investment Project Of Company A In Far East-Europe Service

As an important part of the daily operation and management of shipping companies,ship investment has very important strategic significance.That containerships,as the main type of ships in the current maritime trade,have the characteristics of large investment,long payback period and high risk leads to the complexity and uncertainty in the investing process,as a consequence,this paper takes the company A9s ship investment project as the research object,and conducts a deep research on this issue to help the company A improve the scale of the fleet while improving the competitive advantages in the industry and enhancing the company's ability to resist risks.Therefore,the research in this paper has important theoretical and practical significance.Based on the research of related literatures,this paper uses the relevant prediction methods and research methods of technical economics throughout the research process of ship investment projects.The main contents of this paper are as follows:(1)Firstly,A brief introduction about the traditional container transportation demand forecasting theory and investment theory of containerships is carried out.Considering that the containership to be built by Company A will be put into operation on the Far East-Europe line,the development status of Far East-Europe container transportation of c.ompany A is carried out from various perspectives.(2)Considering that Company A is the shipping company with the largest container capacity in China's shipping market and its derivative characteristics of shipping demand,based on the data of Far East-Europe line of Company A,a second moving average prediction model is constructed to forecast the transportation demand in Far East-Europe line of Company A.It has been proved that the model has a good prediction performance.Therefore,through the accurate prediction of the demand for the container transportation of the line,the company provides theoretical support for the decision of the new shipbuilding project to help determine the relatively reasonable number and capacity of ships.(3)then a cost-benefit analysis of the 19000 TEU container ship project that Company A intends to invest in is conducted,and the cash flow and distribution of static,dynamic investment recoveiy period are determined,and finally the study of the risks of the project and the conclusions and recommendations presented herein.This paper also provides research ideas and research methods when other shipping companies plan to make the same type of project decision-making,which has important practical significance.