Research Article

Metrics for Assessing Overall Performance of Inland Waterway Ports: A Bayesian Network Based Approach

Table 5

Modelling of variables contributed to port pricing.

Variable NameModelling TechniqueDescription

Terminal Handling Cost (THC)TNORMBased on inland waterway port data, the average terminal cost is the $6,500/barge with a variance of $25 and cost varies from The $5,000 to $8,000 based on the size of the barge and other related factors.

Port Calling Cost (PCC)TNORM
Port calling cost varies from $1,800 to $3,800 depending upon the size of the vessel with an average of $2,500 dollar/ vessel.

Concession pricing (Upfront fee)TNORMConcession granting depends upon the area of the facility and follows a truncated normal distribution with an average of $60 million upfront fee.