Vessel-operating costs continue decade-long decline
Business consultancy BDO has unveiled the results of its OpCost 2019 survey, which shows that costs have fallen for bulkers, tankers and container ships. Regulations are expected to increase future costs
Insurance, lubricants, and crewing costs all saw declines in 2018 as the BDO OpCost survey recorded a continuing fall in operating expenses. Looking ahead, regulation-related costs are anticipated