Application to Ship Design



Application to Ship Design

The shipbuilder is concerned in 2 principal ways:

1. Specialist knowledge: To design the optimal ship, extensive experience is required of the influence of different design features on 1st cost. The builder is much better able than the shipowner to quantify accurately the cost of alternative hull proportions, materials, machinery arrangement, etc.

2. Commercial competition: As shipowners have become more ready to apply the principle of maximising the difference between present worths of income & costs, rather than minimising ship 1st cost, there has arisen a greater need for a shipuilder to show not that his design is necessarily the cheapest, but that it is the most profitable. This approach has been used by the aircraft industry for some time, & is particularly applicable to standard ship designs.

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