Single-Course Danish 5 ECTS

Economic and environmental performance of ships

Overall Course Objectives

The aim of the course is to provide tools for an economic and environmental evaluation of ship transportation. During the course an optimal ship design is sought for a specific trade through minimization of the total life cycle cost including production of the vessel, operation and maintenance and, finally, scrapping.

The total cost includes environmental and political issues and a risk assessment is made to quantify the effects of uncertainties in the input parameters.

The course will give the students a commercial and strategic understanding of the governing parameters in running a shipping company.

Learning Objectives

  • Select and optimize a conceptual ship design for a specific trade route.
  • Perform a SWOT analysis of a conceptual ship design.
  • Explain the basic principles in a life cycle analysis of a ship.
  • Explain the basic physics of exhaust emissions from ships.
  • Perform a Net Present Value estimation for a ship.
  • Perform a cost benefit analysis of a ship including environmental issues.
  • Explain the rules and regulations regarding operation and scrapping of ships.
  • Perform a Energy Efficiency Design Index (EEDI) calculation of a ship.

Course Content

The course content is the following
• Freight market for shipping
• Cost involved in ship design, production, operation, maintenance and scrapping
• Life cycle analysis
• Energy consumption for propulsion, cooling, heating etc
• Exhaust emissions from ships
• Energy Efficiency Design Index (EEDI)
• Ship Energy Efficiency Management Plan (SEEMP)
• Cost benefit analysis

The students will be divided into groups. Each group will be given a specific trade in terms of cargo type, amount of cargo and route. An optimal conceptual ship design shall be made by each group including a risk assessment taking into account the uncertainties in the input parameters.

Recommended prerequisites


Teaching Method

Lectures, project work


See course in the course database.





3 weeks


DTU Lyngby Campus

Course code 41270
Course type Graduate Engineer
Semester start Week 23
Semester end Week 26
Days Mon-fri 8:00-17:00

7.500,00 DKK