A Study on Business Feasibility for Marine Leisure Ships

해양레저선박에 대한 사업 타당성 분석 연구

  • Jung-Suk Choi (Division of Maritime Transportation Science, Mokpo National Maritime University)
  • 최정석 (목포해양대학교 해상운송학부)
  • Published : 2022.11.10

Abstract

In order to improve the accessibility to the island through marine leisure ships, it is necessary to evaluate objective business feasibility of the ship's operation. In this study, costs and income were estimated based on the operating expenses and freight standards of similar marine leisure ships in operation, and based on this, the feasibility of the project was empirically analyzed through B/C analysis, NPV, and IRR. In addition, sensitivity analysis was performed for various variables to understand the requirements for securing minimum economic feasibility. As a result of the study, in case of new building ship, the B/C ratio was estimated to be 1.042, NPV was estimated to be KRW 1.93 billion, and IRR was estimated to be 2.1% which means that profitability was secured.

신규 해상교통수단을 통한 섬 접근 이동성 강화를 위해서는 해당 선박의 투입에 따른 객관적인 사업성에 대한 검토가 필요하다. 본 연구에서는 기존에 운영 중인 유사 해양레저선박 운영비와 운임기준을 근거로 하여 비용과 수입을 추정한 뒤, 이를 바탕으로 비용-편익 분석, 순현재가치, 내부수익률을 통해 사업 타당성을 실증적으로 분석하였다. 또한 최소 경제성 확보를 위한 요건을 파악하기 위하여 항목별로 민감도 분석을 수행하였다. 연구결과 신조선 도입을 가정하였을 때, B/C 비율이 1.042, NPV는 1.93억 원, IRR은 2.1%로 추정되어 수익성이 미약하게 확보되는 것으로 분석되었다.

Keywords

Acknowledgement

This work was supported by the Ministry of Education of the Republic of Korea and the National Research Foundation of Korea (NRF-2020S1A5A8042768)