ao link
MENU
Search
Login

Maritime Research

Ship Operating Costs Annual Review and Forecast 2023/24

Annual Review and Forecast

October 2023

Add To Basket
Ship Operating Costs

Ship Operating Costs Annual Review and Forecast 2023/24

One of Drewry’s flagship reports, Ship Operating Costs 2023/24 provides one of the most complete annual assessments of ship operating costs available in a single source. Operating cost assessments are provided for 47 representative ship types and sizes, spanning the container, dry bulk, oil (crude and products), chemical, LNG, LPG, general cargo, reefer, ro-ro and car carrier sectors.

 

For each of the 47 vessel types and sizes covered the report shows:

  • Assessment of 2023 ship operating costs by main cost head (e.g. insurance) and sub-cost (e.g. hull and machinery insurance) for 10-year old vessels (younger where appropriate)
  • Operating cost ranges, indicating the typical spread of daily opex across the fleet
  • Operating costs by vessel age (newbuild, 5, 10, 15 and 20 years) broken down by main cost head
  • Historical and forecast trend in annual ship operating costs for the period 2019 to 2028, broken down by main cost head

The report also includes detailed data and analysis of cost trends and forecasts for each of the main cost heads of: manning; insurance; stores & spares; lubricants; repairs & maintenance and dry docking; and management & administration.

 

It also provides in-depth explanation of operating cost variances by ship type and age of vessel.

 

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.

 

In 2021 Drewry launched its Ship Operating Costs Steering Group to assist with:

  • The future development of Drewry ship operating cost products and services
  • Expanding the sample size of vessel OPEX data across a wider range of vessel types and sizes

Steering Group Members October 2023:

SOC Steering Group


More Information

Fast facts...

  • All-encompassing, global study
  • Widely regarded as the definitive "opex" reference
  • Detailed 2023 cost assessments to sub-cost head level
  • Assessments of 2023 operating costs by vessel age
  • Data and analysis for the past five years and annual projections to 2028
  • Covering 47 different vessel types and sizes
  • All report tables, charts and graphs provided in MS Excel format
This catalogue item is already in the basket and it can be purchased once.A single catalogue item can only be purchased in an online transaction, would you like to remove the other items in your basket?

News

Drewry launches interactive version of Container Capacity Insight through Container Freight Portal

Drewry launches updated financial health-check report as Red Sea crisis throws spotlight back on container shipping industry


Reefer shipping remains resilient despite 2022 trade contraction


Rising M&A to boost dominance of global container terminal operators

Events

Ports webinar briefing: Gemini cooperation network will rely heavily on small number of hub ports

Join us at 09:00 or 16:00 GMT on Wednesday 20th March in a free webinar briefing covering our latest research on the container ports and terminals market. The session will be hosted by report editor Eleanor Hadland and port sector analyst Eirik Hooper.