Cbm Chemical Tankers News

Report Shows Small Decline in Ship Operating Costs

International accountant and shipping consultant Moore Stephens said total annual operating costs in the shipping industry fell by an average of 0.3 percent in 2013. This compares with the 1.8 percent average fall in costs recorded for the previous year. Crew costs was the only category this time to show an increase over the 12 month period, indicating that ship owners continued to focus on managing costs and conserving cash in 2013. The findings are set out in OpCost 2014, Moore Stephens’ ship operating costs benchmarking tool…