Vessel operating costs at highest since 2007
Drewry analysis shows rises in costs across all sectors, and for all ship types and sizes. Increases will soften as the impact of the pandemic recedes. Insurance costs will grow to cover claims incurred in 2020
Manning costs were up by 6%, and there are signs that the virus has deepened an existing officer shortage. Drydocking expenses rose by 5% as shipyards closed in early 2020, pushing work into the second half
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Register for our free email digests: