Investment Evaluation of a Suburban Coastal Transport System

Sambracos, Evangelos (2002): Investment Evaluation of a Suburban Coastal Transport System. Published in: Book chapter in K. Zopounidis “New Trends in Banking Management”, ed. Physica-Verlag, Springer No. Series “Contributions to Management Science”, ed. Physica-Verlag, Springer, Heidelberg, New York, 2002. ISBN: 3-7908-1488-1 (2002): pp. 292-305.

Abstract

This paper aims at determining the optimum viable solution of an investment on a suburban coastal shipping system in the area of Athens. More specifically the development of a sea transport system, alternative to the existing road one, that connects Piraeus with the southern suburban coastal area of Athens is examined. The best viable solution of such an undertaking is considered to be the one, which under the existing constraints maximises the total profit that derives from this investment. The variables used for the formation of the constraints are the number of vessels used, the routing and the price of the services. The article focuses on the financing alternatives of the project and their impact on its economic efficiency and concludes with the best viable scenarios and optimum solution.

• Item Type: MPRA Paper
• Language: English
• Keywords: Investment evaluation, coastal shipping, economic efficiency, financing coastal shipping
• Subjects: G - Financial Economics > G3 - Corporate Finance and Governance > G32 - Financing Policy ; Financial Risk and Risk Management ; Capital and Ownership Structure ; Value of Firms ; Goodwill; L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities; L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities > L91 - Transportation: General; R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R4 - Transportation Economics > R42 - Government and Private Investment Analysis ; Road Maintenance ; Transportation Planning

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