Cost Benchmark Tool News

Operating Costs Hit by Insurance and Crew Expenditure

per cent in their total operating costs, compared to the previous year. crew costs. to upgrade their ships. bulk carrier sector. keep a tight rein on costs. overall 1.2 per cent on the previous year. significant variations across different vessel types. expenditure on repairs and maintenance. becoming beautiful. actually down on last year, it still came in at an average 9.2 per cent. remains a premium for experienced, specialist crew. was recorded in respect of insurance. the market, recorded the biggest increase, at 31.2 per cent. have gained some courage from a series of big losses. significant general increases. 2005. This year's report covers the twenty most common vessel types. and administration. since last year and information on dry-docking costs and duration.