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Journal : EPI International Journal of Engineering

Tug-Barge Operating Costs based on Charterer Versus Ownership Perspective. A Case Study: Nickel Ore Transport Boenaga-Fatufia Route Sitorus, Chris Jeremy Verian; Idrus, Misliah; Chaerunnisa, Andi Sitti
EPI International Journal of Engineering Vol 6 No 1 (2023): Volume 6 Number 1, February 2023
Publisher : Center of Techonolgy (COT), Engineering Faculty, Hasanuddin University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25042/epi-ije.022023.07

Abstract

The Tug-barge operating costs for nickel ore transhipment at Boenaga-Fatufia are based on charter and shipowner. A comprehensive study on Tug-barge investment feasibility needs to focus on the most profitable option. This study aims to determine the feasibility of investing in a Tug-barge, considering a charter Tug-barge with shipowner (newbuilding tug-barge and secondhand Tug-barge is feasible compared to a new building Tug-barge and charter Tug-barge. The highest NPV is for the secondhand Tug-barge, IDR 18.642.830.529; rhe secondhand Tug-barge also gas the highest IRR value of 20%. The secondhand Tug-barge has the fastest Payback Period, Which is 4.18 years.