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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

ESC, Drewry announce an IMO 2020 BAF transparent indexing mechanism

ESC, Drewry announce an IMO 2020 BAF transparent indexing mechanism
Drewry and the European Shippers’ Council (ESC) have published a bunker adjustment factor indexing mechanism to help shippers monitor and control bunker charges in the run-up to and following the introduction of the IMO 2020 low-sulphur regulation.

New risks heap more pressure on beleaguered container market

The mood-music surrounding the container market has deteriorated further in the last three months, resulting in Drewry downgrading its outlook for world container port throughput for the current year and the rest of the five-year horizon, in its latest Container Market Annual Review and Forecast.

Study findings: Drewry believes future online marketplaces could bring mutual benefit to both carriers and shippers

Online technology platforms where shipping lines and their customers can negotiate forward contracts could help improve vessel utilisation levels and reduce freight rate volatility, according to a joint study conducted by global shipping consultancy, Drewry and maritime supply chain technology provider, CyberLogitec.

Slow car carrier recovery to trigger more distressed asset sales

Car carrier shipping is expected to continue its slow recovery, supported by improving utilisation and minimal vessel ordering, according to Drewry’s latest Finished Vehicle Shipping Annual Review and Forecast.

Events

South Carolina International Trade Conference

Philip Damas presenting the container shipping outlook and challenges and opportunities for BCOs.

Global Biofuels Summit

Hu Qing to present the outlook for biofuels in Malaysia and Indonesia shipping markets.

TOC Americas 2019

Drewry will present its outlook for the container shipping industry.