Metrics for Assessing Overall Performance of Inland Waterway Ports: A Bayesian Network Based Approach
Table 5
Modelling of variables contributed to port pricing.
Variable Name
Modelling Technique
Description
Terminal Handling Cost (THC)
TNORM
Based 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)
TNORM
Concession granting depends upon the area of the facility and follows a truncated normal distribution with an average of $60 million upfront fee.