WELCOME

TO
PRESENTATION
ON
TAKE AWAY/UNDERSTANDING OF THE
CASE ON SAFE BOAT TRIP LTD.

By
Sachin Kumar
 COMPANY BACKGROUND
• INCORPORATED ON SEPTEMBER 01’2014. PART OF TOLINS
GROUP OF COMPANIES (TOLINS)

• MAIDEN VENTURE IN THE REGULATED AND ORGANISED

SECTOR OF COASTAL SHIPPING AND PASSANGER TRANSPORT

• FIRST HYDROFOIL SERVICE IN INDIA

• FULFILLING ALL STATUTORY REQUIREMENT NECESSARY FOR

THE SAFETY AND COMFORT OF PASSENGER
 DETAILS ABOUT FLYING FERRIES

• SPECIAL HIGH SPEED CRAFTS WITH HULLS THAT LIFTS OUT OF

THE WATER AT SPEED
• WORKS ON SAME PRINICIPAL OF WINGED AIRCRAFT FITTED
WITH AIRFOIL
• AT CRUISE SPEED, RESISTANCE OF THE VESSEL BECOMES
MINIMUM AS HULL COMES OUT OF THE WATER WHICH
SIGNIFICANTLY REDUCES DRAG AND PROVIDE BETTER FUEL
EFFICIENCY
• HYDROFOILS CAN BE DESCRIBED AS FLYING FERRIES.
• MORE EXPENSIVE THAN CONVENTIONAL BOAT
 TECHNICAL MEETING AT SITE

• Requirement of list of all the activities was put forward..

• All the modalities for activities required for launch of
hydrofoil were discussed in detail.
• Gist of the work breakdown structure was prepared with
the precedence constraints
• IRS agreed to accept the original drawings for structure
zones
• Meanwhile a marine consultant also provided the
operation costs and comparision of transport mode fare
& duration
 BUSINESS BRIEF

• Market research showed that business potential was there.

• Hydrofoil can be a substitute for intercity taxi services,
premium rail services and airline passengers with competitive
pricing.
• One Round trip per day for each route (Kochi-Calicut/Kochi-
Trivendrum). One way trip is around 200 Kms.
• Vessel to ply 5 days a week year-round (52 weeks) except for 2
weeks of annual downtime for dry docking and repair.
• Vessels are expected to ply with full passenger capacity except
during monsoon months (12 weeks from June to August)
during which capacity use is expected to fall by 50%.
 ANALYSIS OF THE CASE STUDY

• As per the work breakdown structure and precedence

relationship, Gantt Chart was prepared. Total 41 weeks
are required for completion of the all activities required
for commissioning of the project.
• Project Network Diagram was prepared and Critical path
of the project was identified and found out that activities
M1-M2-M5-D1-Z1-Z2 falls on critical path.
• M1, M2, M5, D1, Z1, Z2 being on critical path needs to be
monitored strictly for timely commissioning of the
hydrofoil.
• As per the details provided in the case, business of
hydrofoil is expected to be breakeven in 32th Months.
 TAKEAWAY OF THE CASE

• Project completion Targets should be realistic and should be

computed after creation of Work Breakdown Structure of the
project. In this case Management targeted to launch hydrofoil
in the second week of September’16 i.e. around 6 weeks from
site meeting of August’16. Whereas as per work breakdown
structure formulated later, total required time for achieving
launching was 41 weeks.
• From the case study, it is observed that business feasibility of
the hydrofoil ferry project , including running cost was
received on August 6’2016 whereas major investment for
boat procurement was made much before i.e. before July’16.
Therefore it may be concluded that major investment was
made in the business without even analysing revenue
generation and expenditure part of project.
THANK YOU