Search results for: Operating Costs

195617 results

A list of search results

  • 21 November 2017
    Business & Finance

    The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but shipowners should prepare for higher costs led by a spike in insurance premiums, shipping consultancy Drewry said. After two years of marked decline, average vessel operating costs stabilised in 2017 as pressure on owners was lifted by a […]

  • 20 October 2016
    Business & Finance

    Total annual operating costs in the shipping industry fell by an average of 2.4% in 2015, compared with the 0.8% average fall in costs recorded for 2014, representing the fourth successive year that the operating costs were in decline, according to shipping consultant Moore Stephens. All categories of expenditure were down for the previous 12-month […]

  • 29 September 2017
    Business & Finance

    Total operating costs for the tanker, bulker and container ship sectors were all down in 2016, shipping adviser Moore Stephens said in its ship operating costs benchmarking tool OpCost 2017. On a year-on-year basis, the tanker index was down by 3 points, or 1.7%, while the bulker index also fell by 3 points, or 1.9%. The […]

  • 1 November 2016
    Business & Finance

    Vessel operating costs are expected to rise in both 2016 and 2017, with repairs, maintenance and spares set to record the most significant increase in each of the two years, according to shipping consultant Moore Stephens. Vessel operating costs are expected to rise by 1.9% in 2016 and by 2.5% in 2017, while the cost of […]

  • 17 November 2015
    Business & Finance

    The cost of operating cargo ships is forecast to rise over the next two years after falling in 2015, according to the latest Ship Operating Costs Annual Review and Forecast report published by U.K.-based shipping consultancy Drewry. The average decline in ship operating costs across the sectors covered in the report in 2015 was 1%, […]

  • 29 October 2012
    Business & Finance

    Vessel operating costs are expected to rise by 3.0 per cent in both 2012 and 2013 according to a new survey by international accountant and shipping consultant Moore Stephens. Lube expenditure and crew costs are the categories most likely to produce the highest levels of increase. The survey is based on responses from key players […]

  • 26 October 2018
    Business & Finance

    Moore Stephens: Total vessel operating costs are expected to rise by 2.7% in 2018 and by 3.1% in 2019.

  • 8 August 2019

    Houston-based LNG exporter Cheniere Energy’s quarterly loss reported a net loss of $114 million during the second quarter of the year as new trains start-up pushed the operating costs up. 

  • 29 August 2011

    DREWRY’s latest annual report predicts big increases in vessel operating costs with oil prices remaining high, pirates driving up insurance… (Exim) [mappress] Source: Exim, August 29, 2011;

  • 27 October 2014

     Vessel operating costs are expected to rise by almost three per cent in both 2014 and 2015, the latest survey by international accountant and shipping consultant Moore Stephens reveals. The survey is based on responses from key players in the international shipping industry, predominantly shipowners and managers in Europe and Asia. Those responses revealed that vessel […]

  • 30 September 2013

    International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average 1.8 per cent in 2012. This compares with the 2.1 per cent average rise in costs recorded for the previous year. There was a significant reduction in costs across all categories and it was clear […]

  • 16 November 2016
    Business & Finance, Equipment, Operations & Maintenance

    Innovative UK companies will be pitching their subsea technologies to a panel of operators and Tier 1 contractors including Apache, Bibby Offshore, Chevron, Nexen and Technip tomorrow, November 17, at Subsea UK’s second Springboard event. In partnership with the National Subsea Research Initiative (NSRI), the initiative encourages companies to step up to the plate and […]

  • 30 October 2015
    Business & Finance

    Vessel operating costs are expected to rise in both 2015 and 2016, according to the latest survey by international accountant and shipping consultant Moore Stephens. Crew wages, repairs and maintenance, and drydocking are the cost categories likely to increase most significantly over that period. The survey, based on responses from predominantly shipowners and managers in […]

  • 5 December 2014
    Business & Finance

    Norwegian ferry operator Fjord Line has implemented a program for strengthening the company’s financial position through raising of NOK 110 million (USD 15.4m)  in fresh capital, as well as various measures to reduce operating costs by NOK 70 million (USD 9.8m) in 2015 compared to a ”challenging” 2014. Fjord Line has also signed an agreement with the […]

  • 18 September 2012

    Since 2009 the fuel and lube oil treatment systems onboard four Hamburg-based MACS Maritime Carrier Co. ships have been covered by an Alfa Laval Performance Agreement and the company has noticed a considerable difference. MACS Technical Director Mr. Jeromin relates that operating costs have stabilized at a lower level than in 2008. “During the first […]

  • 30 October 2015
    Business & Finance

    Vessel operating costs are expected to rise in both 2015 and 2016, according to the latest survey by international accountant and shipping consultant Moore Stephens. Crew wages, repairs and maintenance, and drydocking are the cost categories likely to increase most significantly over that period. The survey, based on responses from predominantly shipowners and managers in […]

  • 19 September 2012
    Business & Finance

    Hamburg-based MACS Maritime Carrier GmbH & Co is involved in shipping and transport activities worldwide and the operation is spearheaded by a fleet of eight multipurpose vessels. Since 2009 the fuel and lube oil treatment systems onboard four MACS ships have been covered by an Alfa Laval Performance Agreement and the company has noticed a […]

  • 30 September 2010

    International accountant and shipping consultant Moore Stephens reports an average fall of 2 percent in total annual operating costs in OpCost 2010, its unique ship operating costs benchmarking tool. This is the first time since 2002 that OpCost has revealed a fall in total operating costs, which compares with the 15.8 percent average increase recorded […]

  • 26 October 2017

    Vessel operating costs are expected to increase in both 2017 and 2018, according to the latest survey by international account and shipping consultant Moore Stephens. Repairs & maintenance and spares are the cost categories which are likely to increase most significantly in each of the two years. The survey, based on responses from key players […]

  • 31 October 2013
    Business & Finance

    Vessel operating costs are expected to rise by more than three per cent in both 2013 and 2014 according to a new survey by international accountant and shipping consultant Moore Stephens. The survey is based on responses from key players in the international shipping industry, predominantly shipowners and managers in Europe and Asia. Those responses […]

  • 11 July 2016

    Reducing drilling and development spend has largely been the focus of services and equipment providers in the Gulf of Mexico – with the aim of lowering costs at the most capital intensive period of asset lifecycles, Douglas-Westwood, an energy intelligence group, writes in its DW Monday report. Often overlooked, Opex costs have grown in line […]

  • 21 May 2007

    As of March, the new XAS 746 Cd compressor is replacing Atlas Copco’s former XASE 745 Gd model. To help customers reduce their operating costs, Atlas Copco applied more efficient compressor screw elements, allowing the new model to deliver the same compressed air output with a smaller engine and in a smaller canopy. The new […]