Operating costs set for moderate rise

Source: Tanker Operator - Crew costs will continue to rise particularly on the back of an undersupply of officers, a leading shipmanager predicted. This will impact primarily on specialist vessels, including some tanker types, said V Ships CEO Ship Management Capt Bob Bishop, speaking at the Moore Stephens’ annual Operating Cost seminar.
He said that increased vetting by various organisations now required competent people both ashore and afloat.
He analysed five areas of a 10-year old Suezmaxes opcosts, saying that there would be a modest increase in repair and maintenance and drydocking costs, but that stores’ costs were flat.
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