Cost Estimator

Job Summary

Estimate Preparation

• Prepare detailed cost estimates for new ship construction projects, including hull, outfitting, machinery, painting, accommodation, and commissioning phases.

Drawing & Specification Review

• Analyze general arrangement drawings, technical specifications, classification requirements, and customer documents to define project scope.

Material Take-Offs

• Perform quantity take-offs and material assessments from 2D/3D design packages.

Vendor & Subcontractor Liaison

• Obtain and evaluate quotations from vendors and subcontractors for key systems such as propulsion, HVAC, and electrical systems.

Labor Costing

• Calculate man-hours based on standard productivity rates and shipyard historical data across various trades (hull, piping, electrical, etc.).

Pricing Strategy

• Collaborate with the commercial team to define pricing strategy, contingency allowances, and profit margins.

Project Risk Identification

• Assess risks and uncertainties in the estimate and propose appropriate mitigation measures or contingency budgets.

Cost Database Management

• Maintain up-to-date records of material costs, labor rates, and productivity metrics from past projects.

Bid Preparation

• Support the preparation of technical and commercial proposals for clients.

Qualifications

• Bachelors degree in Naval Architecture, Marine Engineering, or related field.
• 3+ years of estimating experience in a shipyard or marine engineering environment.
• Strong understanding of ship construction processes, materials, and regulatory requirements (IMO, SOLAS, Class rules).
• Familiarity with shipbuilding estimating software and tools (e.g., AutoCAD, Ship Constructor, Excel, ERP systems).
• Good analytical and cost modelling skills.
• Strong communication and interpersonal abilities to collaborate with engineering, procurement, and production teams.