Justification of Financial Safety Analysis Approach in Cargo-and-Passenger Ferry Operations Management
Journal: Transport and Telecommunication Journal
Year: 2014

Abstract Currently, ferry services are widespread in Europe, the Baltic States, the CIS and they continue to progress rapidly despite the unstable global economy. An activity of modern cargo-and-passenger fleet is based on nevertheless the perspective of stable profit generation. In conditions of ferry market instability, the important task is to ensure the break-even analysis in operation of vessels and justification of relevant quantitative indicators. At the same time, when managing the produ