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Investment Evaluation of a Suburban Coastal Transport System

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  • Sambracos, Evangelos

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.

Suggested Citation

  • Sambracos, Evangelos, 2002. "Investment Evaluation of a Suburban Coastal Transport System," MPRA Paper 54900, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:54900
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    File URL: https://mpra.ub.uni-muenchen.de/54900/9/MPRA_paper_54900.pdf
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    References listed on IDEAS

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    1. Bristow, A. L. & Nellthorp, J., 2000. "Transport project appraisal in the European Union," Transport Policy, Elsevier, vol. 7(1), pages 51-60, January.
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    Cited by:

    1. Paravantis, John & Sambracos, Evangelos & Ntanos, Stamatios, 2008. "Energy Consumption and Carbon Dioxide Emissions of a Suburban Coastal Transport System," MPRA Paper 66438, University Library of Munich, Germany.

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    More about this item

    Keywords

    Investment evaluation; coastal shipping; economic efficiency; financing coastal shipping;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • L9 - Industrial Organization - - Industry Studies: Transportation and Utilities
    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning

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