Professional Documents
Culture Documents
:
.
,
, 2009
.
,
, . ,
,
. .
, ,
.
.
..
- .
CARDIFF MARINE
INC., ()
. (Det Norske
Veritas).
. .
.
[ ]
ii
:
1. .
2. ,
.
,
( ).
,
.
( ),
.
:
( ) .
,
. ,
. .
..,
(, )
.
,
(,
) :
30%
.
. ,
.
( 10
).
,
().
, ,
. ,
iii
. ,
,
,
.
iv
1.
....... 1
1.1
........................................................................1
1.2
......................................................................2
1.2.1
..........................................................3
1.2.2
.........................................................................................4
1.3
..................................................................................................................4
1.4
........................................................................6
1.4.3
.............................................................................................................6
1.4.4
...................................................................................................................8
1.4.5
............................................................................................................10
1.5
.............................................................................................................................................12
1.5.1
......13
1.5.2
...................................14
2
.......................................................................................15
2.1
2.2
..................................................................15
................................................................20
......................................................... 33
3.1
....................................................................................................33
3.1.1
.......................................................................................33
3.1.2
................................................................................33
3.1.3
.............................................................................34
3.2
.............................................................................................36
3.3
..........................................................................39
................ 43
4.1
/ ..................................................................43
4.1.1
(newbuilding)........................................................................................43
4.1.2
.................................................................................................44
4.2
...............................................................................45
4.2.1
............................................................................................................46
4.2.2
.......................................................................................................46
4.2.3
....................................................................................................................46
4.2.4
.........................................................................................................................47
4.2.5
..........................................................................................................................47
4.2.6
........................................................................................................................47
4.2.7
.......................................................................................................................48
4.2.8
() ................................................48
4.2.9
.......................48
......... 49
5.1
5.2
5.3
5.4
5.5
5.6
. .................................................................................49
....................................................50
..........................................................51
.............................................................................................52
...................................................................................53
......................................................................55
.................................... 57
6.1
....................................................................................................57
6.1.1
....................................................................................57
6.1.2
..............................................................................57
6.1.3
.............................................................................................................57
6.1.4
...........................................................................................58
6.1.5
............................................................................58
6.1.6
.....................................................................................................58
6.1.7
...........................................................................................................58
6.1.8
.....................................................................58
6.2
() ...........................................................................................59
6.2.1
......................................................................................................59
6.2.2
(WACC).....................60
6.2.3
...............................................................................................................61
6.3
........................................................................................................61
6.3.1
.................................................................................................................61
6.3.2
...................................................................................................................63
........................................................................... 65
:
2008 ........................................................................ 67
F0178RoPax/Carferry..............................................................................................................67
ROROPASSENGERFERRYNEARLYNEW ......................................................................................69
F0078Daypax/Carferry............................................................................................................70
F0172ROPAXFERRY ...................................................................................................................73
F0150MODERNLARGEROPAX...................................................................................................76
ROROPASSENGERFERRY6412GT/145m/1992built/22M........................................................79
F0225,CARPASSENGERFERRY ...................................................................................................80
RoPaxCabinFerry/1800PaxFerry ..............................................................................................81
RoPaxCabinFerry/RoPax1000...................................................................................................83
:
........................................................................... 85
vi
11: .............................................................................................5
12:.......................................................6
13: ...............................................................................................................7
14: ....................................................................................................8
15: ..............................................................................................................10
31:TASSILIII[2004]/ELDJAZAIRII[2005]()...........................................................39
32:VOLCANDETAMADABA[2007]/VOLCANDETIJARAFE[2008]() .................................40
33:[2007]/[2005]() ..................................................40
34:[2007]/[2005]........................................41
vii
11:
19992003......................................................................................................2
12:2007(:) ...........................................................3
13:.............................................................................................5
14: ...........................................................................................7
15: ................................................................................................9
16: .........................................................................................11
17: .................................................13
18: ..............................................................13
19:,,
19902007 .....................................................................................................................................14
31:(:....) ...............................................................33
32: .....................................................................34
33: ...................................................38
41: .............................................................................................45
42: ..............................................................................................................45
43:............................................................................................47
44: ................................................................................................48
51:/2006 ......................................................................50
52:../2006 ...........................................................50
53:/2006............................................50
54: ...............................................51
55: .........................................51
56: ..............................52
57: ..................................................................................52
58: ..........................................................................................................52
59: ...................................................................................................52
510:() .....................................................53
511:(20042006) .........................53
512: .............................................................54
513: .......................................................54
514: ..............................................................55
viii
21:,() ..................................15
22:, ...............................................................16
23:. ..........................................................................17
24:. ...........................................................................17
25:(2007)................................................................18
26:(2007) .................................................................18
27:(1997)................................................................19
28:(1997) .................................................................19
29:,()................................20
210:, .........................................21
211:..................................................................22
212:....................................................................22
213:(1997).......................................................23
214:(2007).......................................................23
215:(1997) ........................................................24
216:(2007) ........................................................24
217:,() .............................25
218:,().........................................................25
219: ...................................................................................26
220:.....................................................................................26
221 : (1997)........................................................................27
222 : (2007).........................................................................27
223:,()................................28
224:,() ...........................................................28
225: .....................................................................................29
226: .......................................................................................29
227 : (1997) ..........................................................................30
228 : (2007) ..........................................................................30
229 : (1997) ............................................................................31
230 : (2007) ............................................................................31
ix
[ ]
2009
1.
.
.
.
.
1.1 -
. 8831 km2
. 601.159
( 2001),
.
54 sm1 ( ). , 94 sm
. 430 sm .
, ,
.
, .
:
294.312 (49,0%) ,
75.903 (12,5%) ,
81.781 (13,6%) ,
149.163 (24,8%) .
,
1991 2001,
,
11% (
~1%).
,
.
60%
1996 2006 (. , ,
). ,
1996 960.000,
2006 1.500.000.
1 sm=1,854 km
1
2009
.
,
.
,
.
.
1.2
[1]
(....) 2005, , ,
,
:
, ,
.
,
, .
.
/
,
.
, 1-1 ....
.
, , (13,4%)
(13,6%).
46,7%
3,7%
14,6%
3,5%
13,4%
3,6%
25,3%
4,3%
1-1 :
1999-2003
2009
1.2.1
,
:
,
.
,
,
.
.
, ,
,
.
1-2 (1 5
)
( ).
20%
.
505
33,5%
32.966
42,1%
62.790
42,7%
213
14,1%
10.782
13,8%
20.367
13,9%
301
19,9%
15.429
19,7%
29.107
19,8%
490
32,5%
19.043
24,3%
34.691
23,6%
1.509
100,0%
78.220
100,0%
146.955
100,0%
1-2 : 2007 (: )
2009
1.2.2
, :
1.2.2.1
.
,
.
.
.
, .
.
1.2.2.2
.
.
1.3
(
) :
:
4
2009
:
-
-()-.----
-
-
-----
----
---
----2
1-3 :
H :
1-1 :
2009
1-2 :
1.4
. ,
,
(),
( ).
:
1.4.3
.
.
,
,
.
6
2009
1-3 :
,
.
:
/-/, /, /, / /, /, /, /
, , .
15
1-3
900,000 250,000
1-4 :
,
- .
,
- .
,
.
,
7
2009
.
. 2, .
( ) 310.000 ( -
/) (2) ,
2.500 m2 .
, , (base port)
Check - in , Check - out
,
.
,
.
3
, .
1.4.4
. .
.
.
.
,
10 .
1-4 :
2009
=35 29,5 =24 04,7
35 29,5 N 24 04,7 E
/,/,/, /, , .
, ,
,
,
,
,
,
, ,
, , ,
,
,
,
(300 . )
,
,
,
7 , 2
4
, , , ,
,
, , .
...
: 3 . , 8
: 1 8. 3 10 .
...
: 1)
. 10.
( 8. 2)
. 10.
. 12.
1-5 :
2009
1.4.5
.
.
.
.
1-5 :
10
2009
35 22 -24 28
, ,
, /
, ...
- - -
5
7-9 .
600.000
3.500
1-6 :
, 750 m
450 m, .
170 m
9,50 m.
190 m 9.00 m.
,
( ), ,
(10) ,
.
/
,
.
.
(. 1-5).
130 m 145 m.
9,00 m.
[2]
(), () (),
11
2009
/ , ,
.
1.5
3
.
( ).
:
:
60 70
, ().
.
(, ,
, , ) :
70, 80
90.
, ,
, ,
.,
.
-
(1990),
, .
1995
, .
.
:
MINOAN FLYING
DOLFIN (MFD) ,
.
, , , :
(MDF, ), (, , , )
(). ,
90 - ATTICA GROUP ()
:
Superfast ferries,
. Superfast
3
[3].
12
2009
( ). ,
MINOAN-GRIMALDI,
ANEK- ATTICA GROUP-MIG.
,
.
1.5.1
.
MINOAN LINES
HIGHSPEED 4
HIGHSPEED 5
AEGEAN PEARL
AEGEAN SUN
A
SUPERFAST XII
A.N.E.K LINES
.A.N.E
HELLENIC SEAWAYS
...
.
.
.
.
ATTIKA GROUP -G
1-7 :
SUPERJET
OLYMPIC CHAMPION
1
FLYING CAT 4
1-8 :
13
2009
1-8
,
,
( -).
1-7
, Grimaldi -
.
1.5.2
,
19891990. ,
() 1995.
, 1-9,
ATTICA GROUP -.
,
.
2007 (-),
monohull, ,
.
1990
91.792
90.504
1991
84.470
85.812
1992
74.235
76.670
1993
104.914
110.550
1994
110.312
105.327
1995
152.998
154.972
1996
188.360
179.203
1997
188.708
176.193
1998
142.326
142.308
1999
149.442
149.423
2000
156.914
156.895
2001
152.243
152.795
2002
144.183
143.911
2003
127.098
139.379
2004
118.988
126.184
2005
97.448
102.594
2006
80.250
86.671
2007
113.560
118.334
/ -
1-9 : , ,
1990-2007
14
2009
2
,
,
.
1983 2007
,
, ,
10 .
,
.
,
.
,
.
2.1
.
.
1.600.000,00
1.400.000,00
1.200.000,00
1.000.000,00
800.000,00
600.000,00
400.000,00
200.000,00
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
0,00
2-1 : , (
)
2-1 1983-2007
3.8%.
2.800.000 2006.
1995-1997, 2003-2004
2007.
15
2009
200000
180000
160000
140000
120000
100000
80000
60000
40000
20000
0
1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
2-2 : ,
, 2-2,
1990-1997
360.000 1997. 2000 2006
166.000 2006. 2007
. (235.000)
1996-1997.
16
2009
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
1983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007
2-3 : .
o 2-3 2-4
19832007.
1997 20%
2006 6%
1992, 11%.
2-5 2-8.
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
1983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007
2-4 : .
17
2009
.
, 1996-1997,
20%
.
2007
6%
37%
57%
2-5 : (2007)
2007
10%
35%
55%
2-6 : (2007)
18
2009
1997
21%
34%
45%
2-7 : (1997)
1997
19%
34%
47%
2-8 : (1997)
19
2009
2.2
.
.
80.000
70.000
60.000
50.000
40.000
30.000
20.000
10.000
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
2-9 : , (
)
2-9 1995-2001
1.6%. 2002.
2003-2007 2007 1995
2001
.
140.000 2001.
20
2009
12.000
10.000
8.000
6.000
4.000
2.000
0
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2-10 : ,
, 2-10,
1995-2001
22.000 2001. 2002 2007
4000
2007.
2-11 2-12
19952007.
1996-2001
12% 2007 4%.
2-13 2-16.
.
, 1996-1997,
15% .
21
2009
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006
2-11 : .
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006
2-12 : .
22
2009
1997
; 17%
; 30%
; 53%
2-13 : (1997)
2007
3%
10%
87%
2-14 : (2007)
23
2009
1997
14%
26%
60%
2-15 : (1997)
2007
5%
13%
82%
2-16 : (2007)
24
2009
200000
180000
160000
140000
120000
100000
80000
60000
40000
20000
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
2-17 : ,
( )
20000
18000
16000
14000
12000
10000
8000
6000
4000
2000
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
2-18 : , ( )
25
2009
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
0%
2-19 :
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
0%
2-20 :
26
14916
14%
2009
37005
34%
56866
52%
2-21 : (1997)
17222
9%
68688
36%
104285
55%
2-22 : (2007)
27
2009
40000
35000
30000
25000
20000
15000
10000
5000
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
2-23 : , (
)
6000
5000
4000
3000
2000
1000
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
2-24 : , ( )
28
2009
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
0%
2-25 :
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
0%
2-26 :
29
2009
4371
16%
11711
41%
12166
43%
2-27 : (1997)
3297
11%
12791
44%
13380
45%
2-28 : (2007)
30
2009
4485
17%
10917
41%
11397
42%
2-29 : (1997)
3258
12%
12344
44%
12449
44%
2-30 : (2007)
31
[ ]
32
2009
2009
3
.
,
,
,
.
3.1
3.1.1
145 m, ,
, . , 9,00 m
145 m, 6,00 m.
3.1.2
1 [4],
....
90 11,2%
, 2000-2006
8%, (
2006 5,5%).
.. (
), ,
.
2000, ,
.
....
, .
.
()
70.223 ( 2001)
52.323 (8/2000)
~ 1690
()
69.423 ( 2000)
28.810 (8/2006)
~ 930
3.002 ( 2000)
540 (6/2000)
~ 17
9.849 ( 2000)
4.641 (8/2000)
~ 150
2.657 ( 2000)
1.544 (8/2000)
~ 50
3-1 : ( : ....)
33
2009
3-1
....
.
, , .
2000
.
- 1.500 .
30% ,
500 . , 150 ..
600 m (lanes) 17 240 m
.
,
650 m
.
, ,
:
900 - 1500
300 - 500
- lane meters
~ 650 m
3-2 :
3.1.3
163 sm4 (302 km).
:
,
8 .
21 kn5.
( ),
8 .
,
. 21 kn
4
5
2009
,
.
,
,
30 kn 40 kn.
:
( monohull), ,
( catamaran).
.
Multihull Wikipedia
(http://en.wikipedia.org/wiki/Multihull ).
,
, ,
.
.
monohull, ,
.
,
.
(.. )
[4], .2.26, ,
,
.
:
, ,
HIGHSPEED 5. ,
,
,
(-).
.
-, [4] . 8.5,
35
2009
,
.
,
,
,
,
BLUE STAR FERRIES
7 ,
, .
, -
21 kn
23 kn.
3.2
/ (. [5],[6]).
,
, ,
(.. , ,
, ),
.
NAPA6 CATIA SHD 7,
.
(RO-PAX)
:
25-28 , ,
20-23 .
,
( ,
).
,
,
.
6
7
http://www.napa.fi/
http://www-01.ibm.com/software/applications/plm/catiav4/prods/shd/
36
2009
, ,
,
, .
,
. 3-3
, ,
, .
8.
,
,
.
:
(Loa) :
137,68 m
(B) :
22,31 m
() :
5,49 m
(Vs) :
23,06 kn
(EHP) :
23.368 kW
:
L/B = 6,185 , B/T = 4,066 Froude9 : 0,340
Froude .
:
y : 2
y / : 3
y : ~500
y : 4 x 4 & 3 /
y Bowthruster, Sternthruster, Stabilizers, Twinscrew
y : 70-75 ( )
,
.
8
37
2009
,
.
ShipM/F
Built
Shipyard
Ithaki/Naxos/Paros
20002
DaewooHeavyIndustries,SouthKorea
GRT
[tons]
10.438
Lpp[m]
111,80
Loa
[m]
123,80
B
[m]
18,90
T
[m]
5,10
Speed
[kn]
24,00
VolcandeTaburiente
2006
DeHijosDeJ,BarrerasDeVigo,Spain
12.895
130,45
21,60
5,00
22,00
VikingADCC
2009
AstillerosdeSevilla,Spain
16.500
133,00
21,90
5,70
22,00
Smyril
2005
IZAR,SanFernando,Spain
12.320
135,00
22,70
5,60
21,00
NissosMyconos/Chios
2005
SkaramangasShipyards,Greece)
14.717
136,70
141,00
21,00
5,30
26,00
VolcanDeTamasite
2004
HijosdeJ.BarrerasS.A.,Spain
17.343
142,45
24,20
5,70
23,00
ElDjazairII/TasilliII
2005
IZAR,Spain
20.124
145,00
24,00
6,00
22,00
HijosdeJ.BarrerasS.A.,Spain
19.976
137,00
150,75
24,20
5,50
24,50
137,68
22,31
5,49
23,06
15.350
142,50
23,50
5,80
18,00
FrNo
Loa/B
B/T
0,373
6,550
3,706
20078
VolcandeTamadaba/
VolcandeTijarafe
AVERAGE(ReferenceShip)
Prevelis
1980/1994
ImabariShipbuilding,Japan
ShipM/F
Machinery
EHP
[kW]
16.560
Passangers
Beds
Cars
1.500
20
250
Lanes
[m]
500
1.500
305
1.200
0,333
6,039
4,320
20.000
1.500
320
0,330
6,073
3,842
976
96
200
540
0,313
5,947
4,054
Ithaki/Naxos/Paros
4*WrtsilNSD9L32
VolcandeTaburiente
4*MaK8M32
VikingADCC
Smyril
4*MANB&W7L32/40
NissosMyconos/Chios
5*Wrtsil12V38
31.680
1.800
146
409
530
0,379
6,714
3,962
VolcanDeTamasite
2*Wrtsil8L46C
1.500
300
1.500
0,334
5,886
4,246
ElDjazairII/TasilliII
2*Wrtsil12V46
25.200
1.300
728
132
0,316
6,042
4,000
VolcandeTamadaba/
VolcandeTijarafe
AVERAGE(ReferenceShip)
2*Wrtsil12V46B
23.400
1.000
300
300
1.500
0,344
6,229
4,400
23.368
1.385
0,340
6,185
4,066
Prevelis
2*Pielstick12PC25V
11.633
1.500
650
450
650
0,300
5,474
4,200
3-3 :
38
2009
3.3
39
2009
40
2009
41
[ ]
42
2009
2009
4
4.1 /
4.1.1 (newbuilding)
.
, ,
,
90-120.000.000 USD (~ 80-100) 2008.
BLUE
STAR FERRIES 2002 2012.
- -
, (.., M/S FINNMARKEN
105$ 2002 Kleven Werft
AS , 10).
, [4], Blue Star II
$70 2000 - 1:111.
:
1. .
, , , , ,
, .
, ,
100$ - 130$.
25-30%
2. (
Samsoung, Hyndai). .
30-40%,
,
.
: http://www.passengershipsociety.com/Finnstats.htm,
http://www.wartsila.com/,en,solutions,0,,999512BB-F059-4453-85606C14A4AE6C70,,,.htm
10
, 2000 0,86
1,01 ( : http://research.stlouisfed.org/fred2/data/EXUSEU.txt )
11
43
2009
3. ,
.
, .
4. ,
(Mitsubishi),
.
5. (,
, ),
, :
,
.
,
,
, (, ..
),
.
,
.
(., .. [7], [8], [9]),
50%
2008.
4.1.2
,
.
,
.
,
.
Superfast,
,
.
.
35$ - 70$,
(30 60) ,
.
,
50%
2008. ,
10 ,
25$.
,
44
2009
, 15$,
.
4.2
,
, .
, :
45- 50%
23-25%
10-12%
7-10%
2%
5-6%
4-1 :
, ,
, ,
4-2:
45
2009
(6) 47
, 282 .
, (
)
.
4.2.1
43%
.
IF 38012 , 4
Wrtsil 32 38 180 g/kWh
4,3 t/h. ,
700 kW.
7:15 ,
IFO 380 32 t/13.
: 282 32 t/ 9.000 t/
250
, ,
2008 2007.
9.000 t/ 250 = 2,25M
4.2.2
23 kn.
,
15 15 .
(90 )
( ).
282 360
.
4.2.3
, 70-80
.
:
12
13 2% .
, .
46
2009
()
3.400
(/)
3.400
2.200
2.200
2.100
4.200
1.100
2.200
3.300
3.300
2.100
4.200
1.800
7.200
2.200
2.200
. .
2.000
4.000
. .
1.800
7.200
2.000
4.000
1.700
5.100
15
1.600
24.000
1.600
3.200
1.900
3.800
20
1.500
30.000
10
1.200
12.000
74
122.200
4-3:
47
2009
4.2.7
.
15 2.500
. 37.5 . 8. .
45.000 (37,5
14) + (8 12) = 525.000 + 96.000 = 0,62 .
4.2.8 ( )
()
2,25
40,2%
1,71
30,5%
0,62
11,1%
0,20
3,6%
0,20
3,6%
0,62
11,1%
5,60
100,0%
4-4:
4.2.9
24
,
.
.
(90) :
9032250=
720.000
300.000
80.000
1,1 .
:
. 11 5,6.
. 3 8
6,7.
48
2009
5
82.000
601.000. 13,6%
.
13,4%
10%
.
20% .
.
,
50%,
, , ,
.
. ..
12,5% (
) 10%.
5.1 .
20% 6%,
,
(), ( ),
(), (-,
HIGHSPEED), .
12,5%
. 5%
,
1999 2000.
.
(75%).
..
.
49
2009
5.2
200614
900.000
57%
550.000
35%
85.000
6%
( , ,)
30.000
2%
1.565.000
100%
5-1 : / 2006
100.000
54%
70.000
38%
(, , ,)
15.000
8%
185.000
100%
5-2 : .. / 2006
. , , 2006
50.000
75%
10.000
15%
7.000
10%
67.000
100%
(, , ,)
5-3 : / 2006
:
A. ,
,
.
14
2006 ,
, 2007
.
50
2009
B. ..
.
,
50%
, 25%
, 35-38% ..,
(13,5% ).
C.
, , ,
,
( ,
, ...).
.. 9/1
8/1 (8,5 ).
5.3
. ,
,
12,5%, .. 12,5% ,
, 10%.
..
5-4 :
10%,
5% .
.
215.000
..
25.000
7.000
5-5 :
5-5
.
51
2009
.
65%,
:
140.000
16.000
5.000
5-6 :
282 ,
1 , :
500
..
57
18
5-7 :
. ,
.. 8,8
.
5.4
:
30 35
33
55 60
58
80 90
85
30 - 40 /m
35 /m x 12m =
( 12 m)
420
5-8 :
(33) :
58/33 = 1,76
85/33 = 2,58
420/33 = 12,73
5-9 :
:
52
2009
25%, (15%)
(10%).
65%
35% .
7 .
25
:
()
1,00
25,00
91.000
2.275.000
1,76
43,94
49.000
2.153.030
2,58
64,39
16.000
1.030.303
12,73
318,18
5.000
1.590.909
0,21
5,30
140.000
742.424
()
7.791.667
5-10 : ( )
5.5
2004-2006.
..
19
25
37
19
16
28
40
16
15
19
48
17
12
22
52
15
23
25
27
25
24
26
25
25
5-11 : -
(2004-2006)
..
40% 50% ...
53
2009
..
34.400 (16%)
3.000 (12%)
1750 (25%)
60.200 (28%)
4.950 (22%)
1750 (25%)
86.000 (40%)
13.000 (52%)
1750 (25%)
34.400 (16%)
3.750 (15%)
1750 (25%)
215.000 (100%)
25.000 (100%)
7.000 (100%)
5-12 :
.
3 15/6-15/9 50%
40% ..
,
, 65%
, , 80-90%
.
:
()
1,00
()
25,00
139.750
3.493.750
1,76
43,94
75.250
3.306.439
2,58
64,39
25.000
1.609.848
12,73
318,18
7.000
2.227.273
0,21
5,30
215.000
1.140.152
11.777.462
5-13 :
12 ,
15/6 - 15/9 45% , 55% ..
25% :
54
2009
()
1,00
()
25,00
62.888
1.572.188
1,76
43,94
33.863
1.487.898
2,58
64,39
13.750
885.417
12,73
318,18
1.750
556.818
0,21
5,30
96.750
513.068
5.015.388
5-14 :
5
7 3 .
7,8
65% ,
12 ,
.
.
15/6-15/9 90%
4,5,
(7) 65% 4,5.
9
5,6 6,7. ,
, , :
: 7,8 - 5,6 = 2,1
: 9,0 - 6,7 = 2,3
5.6
, , . (7,8)
(5,6) ,
2,0-2,5 , 30% .
65%
.
,
, 6,7
, 9,,
55
2009
.
.
,
.
56
2009
6
6.1
6.1.1
.
,
. :
6.1.2
30%
60% 5% 15
10%.
6.1.3
:
: 40- 50 5-10 . ..45
: 80-100 .. 90
:
13,5M
27M
4,5M
27M
54M
9M
57
2009
6.1.4
27M ( A)
54M ( ) 5%
15
216.000 .
432.000 .
2,6M A 5,2M .
.
,
.
6.1.5
13,5 27 ,
4% 1,2
2,4 15 .
.
4%
.
6.1.6
15
.
6.1.7
20.
15 , salvage
12,5.
6.1.8
15
.
4%.
() 3%
.
(3%) ,
(, ).
:
1.
4%.
2. 3%
3% .
3. .
3 , 12
30%.
58
2009
,
.
15
.
6.2 ()
6.2.1
,
(
) .
(Net Present Value - NPV)
:
n 1
NPV =
t =0
Rt
E0
(1 + i )t
NPV :
Rt :
i :
t : ()
n:
:
cash flow,
4% 3%.
10% ,
.
. II
:
To -
(-1,75),
.
59
2009
To - -,
(8 7,8
2,15 2,25 0).
,
2,3%.
,
.
4%, ,
.
6.2.2
( WACC)
Weighted
Average Cost of Capital - WACC,
.
: ( 40,5 .)
: ( 13,5 .)
D : ( 27 )
y :
b : ( 5%)
tc : ( 10%)
c
y = 4% => c=(13,5/40,5).4%+(27/40,5).5%.(1-0,10)= 0,0133+0,0316 =0,043
y = 0% => c=(27/40,5).5%.(1-0,10)= 0,0316 =0,0316
c (4,3% 4% 3,2%
0%) ,
60
2009
6.2.3
1.
( 45 ).
2. (
).
3. .
4. .
6.3
(15 )
.
,
.
:
.
.
6.3.1
60-70
,
:
.
,
, : ( Grimaldi)
( -Sea Star). Sea
Star , Hellenic
Seaways. - MIG,
61
2009
,
,
.
62
2009
6.3.2
1.
(, ,
)
2. ,
,
.
.
63
[ ]
64
2009
2009
[1]
, .,
,
(....) , : ,
2005.
[2]
,
, ..., 1992.
[3]
, ., ,
, 2007.
[4]
, ., ,
(: .. ),
,
, , , 2008.
[5]
[6]
, ., , ., .
, .,
/-/,
2009, , 2008.
[7]
[8]
[9]
[10]
2009
66
2009
:
2008
http://www.nauticx.com
http://www.shiplink.info
F - 0178 Ro-Pax/Car ferry
68
2009
2009
69
2009
32,5% OFF)
Dims.:
109.20 x 15.00 m
Tonnage:
GRTt 3,041.55
TDW:
Built:
Hull built 4/1989 U.K. to certain extent when neither main engines
(diesel- electric), nor generators had been fitted during construction
Vessel originally built as double ended?ship, with bridge amids
Vessels construction completed/modified 7/1997 Piraeus (when
new bow fitted, new stern also new bridge fore as well as brand new
diesel main engines fitted), One compartment ship
Class:
2009
SS:
DD:
SOLAS:
M/E.
Speed:
About 17.5/16 knots on about 29/24 mts marine gas oil all told
(main engines can be converted to burn ifo 180 cst)
Generators:
Bowthruster :
380 kw
Pax capacity:
nmiles
port to port under greek regulations), whereof 188 in 47
cabins
(suites 6 x 3 beds + cabins 11 x 3 beds + cabins 30 x 4 beds)
all
with private facilities .
Previous room with a.t.s. 63 already converted into private lounge
with 74 seats .
Open air deck bar (about 200/220 seats)
Accommodation fully air-conditioned
Accommodation for passengers and crew reconstructed 7/1997
Vessels public spaces refurbished 3/2003
Garage:
+
upper deck area 1010 sq.m. 440 lm free height max 2.70m
Doors/Ramps:
Remarks:
No stabilizers fitted
Vessel located and trading on day trips Greece.
Delivery: March/April 2007 with special survey RINA passed , Greece ,
30/45 days from m.o.a./deposit lodged.
71
Owners asking:
2009
In case additional cabins for passengers required, then a good number of such cabins, with
private facilities, can be constructed (not by sellers) on upper deck (about 1,010 sq.m. with
height 2.70 m) in garage .
If buyers wish vessel may be converted to two compartment-ship, in which case she should
comply with solas 1998 and her a/a max will be increased to 100-0/0. As two compartmentship vessels breadth should be increased by 1.50m per each side (total 3.00m), in which
case an extra lane for vehicles will be added to her garage. Such work to be done by Buyers.
72
Rebuilt:
Class:
Ferry,
Ice class 1B LMC UMS
GT / NT:
28.559 / 8.568
LOA / LPP:
154.89 M / 136.04 M
Breadth:
Depth:
Speed:
73
2009
2009
Main engines:
4 x CCM Sulzer 12 ZV
40/48 34.800 BHP/25.612 KW TTL , 530 RPM
Aux. engines:
Propellers:
Rudders:
2 x Ulstein
Reduction gears:
Emergency generator:
Cert. bilge water seperator: Hamworthy MK2 HS2.5 M3/hr (with monitoring)
Exhaust gas economisers: 2 x Aalborg AV 6 FLOW 2750 KG/hr 7 BAR
Purifiers:
FW generator:
Stabilisers:
Bow thrusters:
Purifiers LO:
Cargo capacity
--------------------Main deck:
upper deck:
Total capacity:
1.640 lanemeters
Car capacity:
530 cars
Upper deck:
Upper deck:
74
2009
Reefer plugs:
20 x 380 V
Reeferplugs/Amps:
Accommodation
----------------------Cabins:
82
Berths:
200
Airtype seats:
80
Total passengercap:
1.520
Navigational equipment
--------------------------------Radars:
Gyro compass:
Sperry MK 37
Anschutz radars, 2 x Bridgemaster 'E'
Auto pilot:
Robertson AP 9
Logs:
Raytheon Doppler
Echo sounder:
Lifesaving equipment
-----------------------------Lifeboats:
Marinark:
Liferafts:
75
: 5.920
76
2009
MACHINERY:
MAIN ENGINES 4 x WNSD 16 ZAV 40S / 11.520 KW @ 510 rpm
FULLY ELASTICALLY MOUNTED,
NOx OPTIMISED
AUXILIARY ENGINES 3 x MAN 8L28/32H / 1.848 KW @ 720 rpm
PROPELLERS CPP KAMEWA, 2 x 4 BLADES, 5,2 m
INTEGRATED ALARM SYSTEM VALMARINE (5,000 I/O POINTS)
MAIN ALTERNATORS 3 x ABB, 2.000 KVA
SHAFT ALTERNATORS 2 x ABB, 2.100 KVA @ 1,200 RPM
REDUCTION GEARS 2 x SCHELDE GEARS, DH4500, RATIO = 3.43
EMERGENCY GENERATOR 1 x CATERPILLAR, 1.125 KVA
THRUSTERS KAMEWA, 2 bow x 1.000 KW , 1 stern x 1.400 KW
ELEVATORS 2 PASSENGER & 1 SERVICE
STABILIZERS BLOHM+VOSS, 8 m2
TANK CAPACITY
TOTAL (m3)
HEAVY FUEL OIL1,340
DIESEL OIL135
LUB. OIL180
FRESH WATER452
TECH. FRESH WATER274
BALLAST WATER1,860
HEELING WATER722
CARS / TRAILER DECKS:
TRAILER LANE METERS DECK 3 : 993 TOTAL : 1.924
DECK 5 : 931
TRAILER LANES FREE HEIGHT DECK 3 : 4,5 DECK 5 : 4.8
CAR LANE METERS DECK 1 : 197 TOTAL : 502
DECK 2 : 214
BELOW DECK 6 : 91
CAR LANE FREE HEIGHT : DECK 1 : 2.20 / DECK 2 : 2.95
ACCESS TO GARAGE SPACES:
2 x STERN RAMPS for TRAILERS (L x W)12.0 x 5.0 m & 12.0 x 8.0 m
1 x TILTING RAMP (L x W)47.0 x 3.1 m
1 x BOW RAMP (L x W)21.3 x 4.5 m
1 x FIXED RAMP TO CAR DECK No.2
1 x FIXED RAMP TO CAR DECK No.1
PASSENGERS & CABIN ARRANGEMENT
77
2009
12
24
OUTSIDE
2 p.33
66
OUTSIDE
4 p.56
224
INSIDE
4 p.76
304
DISABLED PERSONS
TOTAL
24+4
179
626
PUBLIC SPACES
AREASEATS (+STOOLS ETC)
LA CARTE RESTAURANT 66
SELF SERVICE RESTAURANT 78
DISCO 16 (+8)
PANORAMIC LOUNGE395 (+10)
DRIVERS LOUNGE 54
BAR / REST. EXTENSIONS 72 (+6)
CONFERENCE ROOM I 22
CONFERENCE ROOM II 36
CARD ROOM 30
CASINO 10
LOCATION: MED
OWNERS ASKING: USD 125. MILLION NETT , AS IS ?WHERE IS .
78
2009
2009
Updated : 09/10/2008
Ro-Pax FERRY about 800pax Built 1992
Built 7/1992 Japan
Panama Flag
4.322 Mtdw on 6,25M
6.412 GT
Loa 145,61 Beam 22,00
1.460 Lane Metres
8Ton truck x 70, Pax cars x 100, 10FT ctr x 230
1 x Quarter Bow ramp
2 x Quarter Stern Ramps
Garage FH : 5.4 mts
Internal lift from MD to LH
Fixed Ramp MD to UD
Pass Total: 800 Cabins: 20
M/E 2 X Pielstick 12PC2-6V-400 16.200 BHP
Speed(serv) 21.5 knots
Bowthruster, Sternthruster, Stabilizers, Twinscrew
-Details are given in good faith but without guaranteePRICE; BUYER'S OFFER. expected 20-22 M
79
2009
L O A: 155 Meter
Nationality: Finland
Classification: DNV
Description: F-0225 , CAR PASSENGER FERRY
F ?0225
Pax/Car Ferry
( Direct from exclusive brokers Bengt Bengtson and Triton shipping/ Sweden )
Dims.:
Loa 154.48m ?Beam 24.70m - Depth Freeboard Deck
8.00 M
Tonnage:
Grt 22,161 ?Nrt 8,921 T
DWT:
About 3,032 tdw on 5.80m Draft
Built:
5/1982 by A. G.Weser Seebeck Werf, Germany
Class:
DNV +1a1, Car Ferry A, Ice 1b, Mcdk
Trading Area:
Short International Voyages
Conventions: 1982 Built To Solas 1974 , 1990 Accommodation, Blohm & Voss
1993 Stability Upgraded To A/A Max = 96.03% ,
1997 Upgrading To Stairway Enclosures According to Solas 1974/92, Reg. Ii-2/41-2
2000 Upgrading To Ventilation System According to Solas 1974/92, Reg. Ii-2/41-2
2005 Upgraded To Solas 1990 Stability Crit., new Sponson And Duck-Tail
2005 Stability Upgrade, Solas 1990 , Stockholm Agreement (Hs=3,0 M)
New Sponson And Duck-Tail
Passenger capacity: 1.860 persons
Total no. Of passenger berths = 766
Total no. Of passenger cabins = 302 , all with privat ilities
** t2 - 2 beds inside = 92
** t3 - 3 beds inside = 14
** t4 - 4 beds inside = 21
** a2/g2 - 2 beds outside (g = allergy) = 45/0
** a3/g3 - 3 beds outside (g = allergy) = 17/2
** s2 - 2 beds truck driver outside = 24
** h4 - 4 beds handicap outside = 1
*** f4 - 4 beds outside = 10
**** n4 - 4 beds outside = 27
Total no. Of crew berths =152 , Total no. Of crew cabins =132
Sleeperettes (high season) = 93 , Sleeperettes (low season) = 37
3 Restaurants - Totally 435 Seats + Cafe 247 Seats Bar - 350 Seats , Seats Seating Outside - 72
Seats , Irish Pub, Cinema, Casino, Conference Rooms, Etc
Main Engines:
4 X Semt Pielstick ,15.300 Kw at 520 Rpm
Aux. Diesel Engines:
2 X Mak Each 900 Kw + 2 X Mak Each 1.100 Kw
+ 1 X Caterpillar X 910 Kw
Bow Thrusters:
Jastram 2 X 736 Kw , no stern thruster
Speed:
Max Speed (Trial) 20 Knots
Service Speed (95% Mcr) Approx 18 Knots
Cars:
Max 430 Cars - Cars on car deck only 400
cars
Trailers:
700 Lane Meters
Stabilizers:
Denny Brown AEG
Location/delivery:
Finland , prompt delivery .
Asking Price: EURO 10,0 Mill. nett , as is ?where is
( Extremely reduced price )
80
2009
Reference:
NXROPAX112
DWT/GRT/NRT: 3,032/22,161/8,921
Shipyard:
in Germany
Built:
1982
Price Idea:
Euro 15,7 Million
Dimensions
Hull Type
Last SS/DD
Class:
Flag:
Location:
Posted Since:
Send Inquiry:
DNV +1a1
Finland
11 Nov. 2008
click here to contact
81
2009
Engines / Equipment
Main Engines: 4 X Semt Pielstick ,15.300 Kw at 520 Rpm
Aux. Diesel Engines: 2 X Mak Each 900 Kw + 2 X Mak Each 1.100 Kw + 1 X
Caterpillar X 910 Kw
Bow Thruster: Jastram 2 X 736 Kw , no stern thruster
Speed: Max Speed (Trial) 20 Knots
Service Speed (95% Mcr) Approx 18 Knots
History / Additional Information
About 3,032 tdw on 5.80m Draft
Class: DNV +1a1, Car Ferry A, Ice 1b, Mcdk
Trading Area: Short International Voyages
Conventions:
1982 Built To Solas 1974
1990 Accommodation, Blohm & Voss
1993 Stability Upgraded To A/A Max = 96.03%
1997 Upgrading To Stairway Enclosures according to Solas 1974/92, Reg.
Ii-2/41-2
2000 Upgrading To Ventilation System According to Solas 1974/92, Reg.
Ii-2/41-2
2005 Upgraded To Solas 1990 Stability Crit.
New Sponson And Duck-Tail
2005 Stability Upgrade, Solas 1990
Stockholm Agreement (Hs=3,0 M)
New Sponson And Duck-Tail
82
2009
Reference:
RoPax 1000
DWT/GRT/NRT: -/3,041/Shipyard:
in UK
Built:
1989
Price Idea:
Euro 8,200,000 NET
Dimensions
Hull Type
Last SS/DD
Class:
Flag:
Location:
Posted Since:
Send Inquiry:
Greece
16 Sep. 2007
click here to contact
LOA/Breadth/Draught/Depth - 109m/15.00m/3.96m/Gear
Next SS/DD
83
2009
Engines / Equipment
About 17.5/16 knots on about 29/24 mts marine gas oil all told
History / Additional Information
About 1138 tdw on 4.00m draft (laden) Hull built 4/1989 U.K. to certain extent
when neither main engines (diesel electric), nor generators had been fitted during
construction Vessel originally built as double ended ship, with bridge amids
Vessel construction completed/modified 7/1997 Piraeus (when new bow fitted,
new stern also new bridge fore as well as brand new diesel main engines fitted)
Accommodation for passengers and crew reconstructed 7/1997 Vessel public
spaces refurbished 3/2003 Class Hellenic Register of Shipping (vessel was
classed L.R.S. + 100 a1 + lmc till 5/4/1995) Special survey passed 2/2002, next
due 2/2007 Last drydocking done 3/2006 All annual surveys passed March 2006
Man/B+W 2 x 5331 bhp (fitted brand new 7/1997)
84
2009
:
-
13,5
.
7,8
4%.
1,71
3%.
2,25/, 30%
12 .
1,64
3%.
2,59.
10% .
NPV ( )
4%.
- :
4,0%
3,0%
3,0%
7,80
1,71
1,64
2,25
5,60
2,59
-0,39
0,00
8,11
1,76
1,69
2,25
5,70
2,59
-0,18
8,44
1,81
1,74
2,25
5,80
2,59
8,77
1,87
1,79
2,93
6,59
9,12
1,92
1,85
2,93
9,49
1,98
1,90
9,87
2,04
10,26
0,0%
4,0%
-0,39
-0,39
-0,39
0,00
-0,18
-0,18
-0,17
0,04
0,00
0,04
0,04
0,04
2,59
-0,40
0,00
-0,40
-0,40
-0,36
6,70
2,59
-0,16
0,00
-0,16
-0,16
-0,14
2,93
6,81
2,59
0,09
0,01
0,08
0,08
0,07
1,96
2,93
6,93
2,59
0,35
0,04
0,32
0,32
0,25
2,10
2,02
2,93
7,05
2,59
0,63
0,06
0,57
0,57
0,43
10,67
2,17
2,08
2,93
7,17
2,59
0,92
0,09
0,82
0,82
0,60
11,10
2,23
2,14
2,93
7,30
2,59
1,22
0,12
1,09
1,09
0,77
10
11,55
2,30
2,20
2,93
7,43
2,59
1,53
0,15
1,38
1,38
0,93
11
12,01
2,37
2,27
2,93
7,56
2,59
1,86
0,19
1,67
1,67
1,08
12
12,49
2,44
2,34
2,93
7,70
2,59
2,20
0,22
1,98
1,98
1,23
13
12,99
2,51
2,41
2,93
7,84
2,59
2,55
0,26
2,30
2,30
1,38
14
13,51
2,59
2,48
2,93
7,99
2,59
2,92
0,29
2,63
2,63
1,52
104,16
38,85
1,43
11,75
11,75
7,25
Eo
13,50
13,50
NPV
-1,75
-6,25
156,18
10,0%
85
2009
-
13,5
.
8,0
4% ( ).
1,71
3%.
2,15/ (
, ),
30%
12 .
1,64
3%.
2,59.
10% .
NPV (3 ),
4% (2 )
2,3% (1 ),
.
- :
4,0%
3,0%
3,0%
0,0%
4,0%
2,3%
8,00
1,71
1,64
2,15
5,50
2,59
-0,09
0,00
-0,09
-0,09
-0,09
-0,09
8,32
1,76
1,69
2,15
5,60
2,59
0,13
0,01
0,12
0,12
0,11
0,11
8,65
1,81
1,74
2,15
5,70
2,59
0,36
0,04
0,32
0,32
0,30
0,31
9,00
1,87
1,79
2,80
6,46
2,59
-0,05
0,00
-0,05
-0,05
-0,04
-0,04
9,36
1,92
1,85
2,80
6,57
2,59
0,20
0,02
0,18
0,18
0,16
0,17
9,73
1,98
1,90
2,80
6,68
2,59
0,46
0,05
0,42
0,42
0,34
0,37
10,12
2,04
1,96
2,80
6,80
2,59
0,74
0,07
0,66
0,66
0,52
0,58
10,53
2,10
2,02
2,80
6,92
2,59
1,02
0,10
0,92
0,92
0,70
0,79
10,95
2,17
2,08
2,80
7,04
2,59
1,32
0,13
1,19
1,19
0,87
0,99
11,39
2,23
2,14
2,80
7,17
2,59
1,63
0,16
1,47
1,47
1,03
1,20
10
11,84
2,30
2,20
2,80
7,30
2,59
1,95
0,20
1,76
1,76
1,19
1,41
11
12,32
2,37
2,27
2,80
7,43
2,59
2,29
0,23
2,06
2,06
1,34
1,61
12
12,81
2,44
2,34
2,80
7,57
2,59
2,65
0,26
2,38
2,38
1,49
1,82
13
13,32
2,51
2,41
2,80
7,71
2,59
3,02
0,30
2,71
2,71
1,63
2,03
14
13,85
2,59
2,48
2,80
7,86
2,59
3,40
0,34
3,06
3,06
1,77
2,24
102,30
38,85
1,92
17,12
17,12
11,32
13,50
Eo
13,50
13,50
13,50
NPV
3,62
-2,18
0,00
160,19
10,0%
86
2009
13,5
..
9,0
4%.
1,71
3%.
3,38/, 30%
12 .
1,64
3%.
2,59.
10% .
NPV (3 ),
4% (2 )
2,3% (1 ),
.
:
4,0%
3,0%
3,0%
0,0%
4,0%
0,6%
9,00
1,71
1,64
3,38
6,73
2,59
-0,32 0,00
-0,32
-0,32
-0,32
-0,32
9,36
1,76
1,69
3,38
6,83
2,59
-0,06 0,00
-0,06
-0,06
-0,05
-0,06
9,73
1,81
1,74
3,38
6,93
2,59
0,22
0,02
0,19
0,19
0,18
0,19
10,12
1,87
1,79
4,39
8,05
2,59
-0,51
0,00
-0,51
-0,51
-0,46
-0,50
10,53
1,92
1,85
4,39
8,16
2,59
-0,22 0,00
-0,22
-0,22
-0,19
-0,21
10,95
1,98
1,90
4,39
8,27
2,59
0,09
0,01
0,08
0,08
0,07
0,08
11,39
2,04
1,96
4,39
8,39
2,59
0,41
0,04
0,37
0,37
0,29
0,36
11,84
2,10
2,02
4,39
8,51
2,59
0,75
0,07
0,67
0,67
0,51
0,64
12,32
2,17
2,08
4,39
8,63
2,59
1,10
0,11
0,99
0,99
0,72
0,94
12,81
2,23
2,14
4,39
8,76
2,59
1,46
0,15
1,32
1,32
0,92
1,24
10
13,32
2,30
2,20
4,39
8,89
2,59
1,84
0,18
1,66
1,66
1,12
1,56
11
13,86
2,37
2,27
4,39
9,02
2,59
2,24
0,22
2,02
2,02
1,31
1,88
12
14,41
2,44
2,34
4,39
9,16
2,59
2,66
0,27
2,39
2,39
1,49
2,22
13
14,99
2,51
2,41
4,39
9,31
2,59
3,09
0,31
2,78
2,78
1,67
2,56
14
15,59
2,59
2,48
4,39
9,45
2,59
3,54
0,35
3,19
3,19
1,84
2,92
125,08
38,85
14,54
9,11
13,50
Eo
13,50
13,50
13,50
NPV
1,04
-4,39
0,00
180,21
10,0%
1,74 14,54
87
[ ]
88
2009