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Our thoughts on recent events
Read the latest thoughts and opinions of our sector experts and lead analysts on key industry events and developments.
Ship Operating Costs Report 2018/19 - Now available
Nov 2018: Ship Operating Costs Annual Review and Forecast 2018/19 is now available to purchase online.
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Ship operations and management
Latest opinion: 19 Mar 2019
Hardening marine insurance market to drive up shipowner premiums
Shipowners experienced a marginal increase in marine insurance costs last year, marking the end of a six-year run of declining premiums, according to Drewry’s Ship Operating Costs Annual Review & Forecast, as asset values recovered and the insurance market showed signs of turning. Changing market sentiment and rising claims in related sectors is driving costs up, leading many to wonder why the insurance market is turning, how high costs might rise and for how long?
10 Apr 2018: P&I insurance costs to remain flat in 2018 but to rise thereafter
Shipowners experienced a marginal increase in marine insurance costs last year, marking the end of a six-year run of declining premiums, according to Drewry’s Ship Operating Costs Annual Review & Forecast, as asset values recovered and the insurance market showed signs of turning. Changing market sentiment and rising claims in related sectors is driving costs up, leading many to wonder why the insurance market is turning, how high costs might rise and for how long?
10 Apr 2018: P&I insurance costs to remain flat in 2018 but to rise thereafter
Drewry looks at the prospects for protection and indemnity (P&I) insurance costs.
We offer a unique combination of specialist expertise and experience to support the operational, technical and strategic needs of ship owners and operators.
Everyday operational and management concerns are clearly a vital dynamic of the maritime industry and every year Drewry's research team publish two comprehensive reports analysing and predicting operational overheads and specific management and resourcing considerations for owners, operators and other stakeholders.
Drewry's two annual management/operational reports:
- Ship Operating Costs (published in Oct/Nov)
- Manning Report (published in June/July)
Meanwhile, our consultants typically provide shipowners, investors and leaders with technical due diligence support, in addition to other ship operations related advice.
An elite and diverse group of industry stakeholders from shipowners, to charterers, investors and financial intermediaries rely on our range of market research, sector expertise and commercial experience to help inform decisions, reduce costs and drive performance improvement.
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03 Jun 2019
Manning costs to rise below inflation on easing officer supply shortfall
Manning costs have risen moderately over the past 12 months, checked by easing officer supply shortage, and are forecast to rise at a similar pace over the next five years, according to Drewry’s latest Manning Annual Review and Forecast.
22 Nov 2018
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.
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Manning Annual Review and Forecast 2019/20
Annual Review and Forecast · Latest release 29 May 2019
Is seafarer supply matching the demand from today’s global fleet? Drewry Maritime Research’s Manning Annual Review and Forecast 2019/20 report tackles this critical question and sets out the facts concerning wage rates and terms of employment that dictate the cost of manning vessels today.
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Ship Operating Cost Annual Review and Forecast 2018/19
Annual Review and Forecast · Latest release 21 Nov 2018
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. The report contains historical data for the period 2013 to 2018; assessments for 2018 and forecasts to 2023.
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