ศึกษาความเป็นไปได้ของโครงการลงลงทุนซื้อเรือเดินสมุทรของบริษัท AAA / สุทธิพงษ์ มีหกวงค์ = Feasibility study of investing in marine ship of AAA Company / Suttipong Meehokewong
In Thailand, knowledge in international sea transporation are not relatively well – known, even export is a major part of Thailand economic growth. Therefore, this study focus on sea transportation business components and factors that effect the business. In this study, feasibility of investing in marine ship is based on AAA company‘s structure as business and operational model. Business history and information are obtained from ship owner and others,both domestic and international firms as a role model for study business ‘s situation and factors that play a major role in sea transport business. As a result of this feasibility in the currentl economic situation, it is discovered that numbers of ship supply are the key factor that effect freight charge. Feasibilty study is modeled based on 12,000 dead weight ton dry bulk carrier ship with 9 millions US Dollar value, 10 years project time period. Financial model show the project evaluation with 494,094.44 US Dollar Net present value and 11.54% Internal Rate of Return compared to Weighted Average Cost of Captial at 10.57%. It can be summarized that financial feasibility of this project is quite risk and the most sensitive factor in this business is the freight charge fluctuation. Therefore marketing feasibility and cost control policy should be closely monitored and financial risk management should be implemented.