A Case Study on Investment Evaluation of Hadong T/P(Thermal Power) Port

• 발행기관: 한국항해항만학회
• 저자명: 김명희 이기환 장지태
• 간행물 정보: 『한국항해항만학회지』제39권 제2호, 99~105쪽, 전체 7쪽
• 주제분류: 공학 > 해양공학
• 파일형태: PDF
• 발행일자: 2015.02.01

영문 초록

Until recently, thermal power plants have used high-rank coals to generate electricity. The switched to low-rank coals,primarily because of the rising coal price and the advancement of combustion technology. Therefore the thermal power plants need more fuels aspect of quantity and they are going to build extra infrastructure to deal with the increased fuel demand in their specialized ports.This paper introduces the process of the economic analysis as a case study for Hadong T/P(Thermal Power) Port. This study also evaluates investment for mew projects in ports. We analyze the costs and benefits of the port investment project using various information. And then we conduct the economic analysis using NPV(net present value), B/C ratio and IRR grounded in a financial theory. Out result of the economic feasibility shows that the new project of constructing a third berth in Hadong T/P Port has positive economic value. Additionally, this study conducts the sensitivity analysis of the major variables like cost, benefit and discount rate.

목차

1. Introduction

2. SAR Call-outs in Korean Waters

3. Probable cause of poor maintenance

4. Proposed Solution

5. Implementation in Korea

6. Conclusion

References

키워드

port investment Hadong T/P Port economic feasibility NPV B/C ratio IRR sensitivity analysis