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Maritime Research

Ship Operating Cost Annual Review and Forecast 2018/19

Annual Review and Forecast

November 2018

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SOC 2018-19-3D

Ship Operating Costs Annual Review and Forecast 2018/19

One of Drewry’s flagship reports, Ship Operating Costs 2018/19 provides one of the most complete annual assessments of ship operating costs available in a single source. Operating cost assessments are provided for 46 representative ship types, spanning the oil, chemical, LNG, LPG, dry, bulk, container, general cargo, reefer and ro-ro sectors, as well as the newly introduced car carrier sector.

 

For each ship type/size covered the report shows the historical trend in annual ship operating costs for the period 2013 to 2018, broken down by main cost head, and an assessment of 2018 ship operating costs by main cost head (e.g. insurance) and by sub-cost (e.g. hull and machinery insurance). The report contains annual projections of total ship operating costs by ship type and size to 2023. In addition, as well as assessments for the Drewry standard 10-year old ship, the report contains assessments of 2018 operating costs providing greater depth analysis for opex cost variances by sector, vessel size and vessel age.

A comprehensive, global study of this nature is a powerful tool, enabling you to benchmark specific ship operating costs with confidence and clarity. No other source of information provides such a depth and breadth of insight, allowing you to drill down into specific cost heads.

Drewry Maritime Research’s annual series of reports provide the type of data, in-depth analysis and objective comment you need to make well-informed business decisions. Independent in thought, they are valued and trusted by an elite client base of industry stakeholders and market players.


More Information

Fast facts...

  • All-encompassing, global study
  • Widely regarded as the definitive "opex" reference
  • Historical analysis of the past five years
  • Assessments of 2018 operating costs by vessel age
  • Assessments and forecasts for the next five years for 46 representative vessel segments
  • All report tables, charts and graphs provided in MS Excel format

News

Ship operating costs reach inflection point as inflation returns

Ship operating costs reach inflection point as inflation returns
Average vessel operating costs rose modestly for the second year in succession following two years of marked declines, according to Drewry’s latest Ship Operating Costs Annual Review and Forecast.

Car carriers on the up despite rising uncertainty

Car carrier shipping is expected to continue its recovery from the trough of 2016, supported by improving utilisation, according to the Drewry’s Finished Vehicle Shipping Annual Review and Forecast report.

Drewry launches ‘Cost Impact Calculator’ to help shippers prepare for and better understand fuel costs post-IMO 2020

Responding to the needs of Beneficial Cargo Owners (BCOs) ahead of the IMO 2020 global emission regulation, Drewry announces the addition of a new BAF formula and fuel cost benchmarking service to its range of ocean freight procurement support services.

Liner balance postponed

A gloomier world economic outlook and rising trade tensions have forced Drewry to downgrade its forecast for container demand over the next five years, according to the latest Container Forecaster.

Events

Container Ports webinar briefing: What container vessel cascading is heading for ports?

Join us at 0900 or 1600 GMT on Tues, 11 Dec 2018 to find out more on our latest research covering the container ports and terminals market. The session will be hosted by Neil Davidson, Senior Analyst in Drewry’s Ports and Terminals practice and Martin Dixon, Director - Head of Research Products at Drewry. Both executives will be available to take questions following a short 20 minute presentation.

24th Maritime HR & Crew Management Summit

Drewry to present the outlook for manning and ship operating costs.