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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

Battle for the supply chain to aide container supply-demand balance

Battle for the supply chain to aide container supply-demand balance
A shift in carrier focus away from ordering ever larger ships towards securing more of the global supply chain is expected to help improve the supply-demand balance of the container market over the next five years, according to Drewry’s latest Container Forecaster.

East-West air freight rates highest of last 4 peak seasons

Air freight rates on major East-West routes hit a 4-year high in November, according to the results of Drewry’s East-West Air Freight Rate Index.

East-West contract rates help reduce shippers’ costs

Ocean freight rates for cargoes moving under contracts on major East-West routes decreased by 7% in the fourth quarter, according to the results of Drewry’s Benchmarking Club Contract Index.

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.

Events

Ship Operating Costs Trends Briefing

Join us at 0900 GMT or 1600 GMT on Tues, 29 January 2019 for an online briefing on the key trends and outlook in ship operating costs. The webinar presentation will analyse recent trends and outlook in the main expenditure elements of vessel operating costs, covering 46 different ship types and sizes across all the main cargo shipping markets, as well as several niche segments such as multipurpose and car carriers. The session will be hosted by Martin Dixon, Director of Research Products and L

Container Freight Rate Outlook Webinar

Join us for a FREE Drewry online briefing at 0900 or 1600 GMT on Tuesday 5 February 2019 on the outlook for container shipping freight rates. Hosted by Simon Heaney, Senior Manager, Container Research and Martin Dixon, Head of Research Products.

10th Chemical & Product Tanker Conference

Hugo Finlay to provide in-depth analysis of the chemical and product tanker market fundamentals.
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