It costs more to pay a crew on a ship this year. That was the biggest factor. Keep in mind that petroleum costs did not go up during the year.
Rising crew costs become key factor in operating costs: Moore Stephens | Shipping Tribune.
It costs more to pay a crew on a ship this year. That was the biggest factor. Keep in mind that petroleum costs did not go up during the year.
Rising crew costs become key factor in operating costs: Moore Stephens | Shipping Tribune.
Posted in Managerial Econ, Shipping
It is due to fuel costs. and the reduced worldwide demand.
Asia-Europe Container Trade Turns Unprofitable Due To Fuel Cost | Shipping Tribune.
It’s becoming an international standard for shipbreaking practice.
Indian Supreme court enforces UN’s Basel Convention shipbreaking rules as law | Shipping Tribune.
Posted in Shipping