BOAT OPERATING COST ANALYSIS: CASE STUDY ON 40- SEATERS CATAMARAN LAKE CRUISE BOAT AT GUNUNG LANG RECREATIONAL PARK, PERAK

Abstract

This research aims to determine cost impacted activities during lake cruise boat operation and to assess overall cost of the lake cruise boat during operation. The research on boat operating cost estimation focuses on the 40-seaters catamaran lake cruise boat operated at Gunung Lang Recreational Park in Ipoh, Perak. The data of the boat particulars and operation were obtained from the interviews with person in-charge of the operation, site visit and real operation/ trip experience. On the other hand, the fundamental components and relevant gap study on the cruise boat cost estimation were gained through academic writings, articles, and websites. Cost breakdowns based on the data obtained and revenue generated were projected by using a line graph. The fundamental finding of this study provides benefits to boat owners and boat operators in planning and estimating their early cost of cruise boat operation. Besides a techno- economic assessment, the result significantly becomes an appropriate reference for further cost optimization estimation. Nonetheless, more supporting evidence and elaborated methodological approach are necessary for further study.