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Costs flat for vessel owners, but for how much longer?

Flat or falling costs could be a sign of an industry under pressure, or one headed for bigger bills - either in repairs or for compliance to new laws
Wednesday, October 8, 2014 - 05:50

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IT is now well known that the cost of fuel is far and away the biggest element in the overall expense of moving cargo from A to B - PHOTO: AFP

IT is now well known that the cost of fuel is far and away the biggest element in the overall expense of moving cargo from A to B. For owners of much of the world fleet, however, fuel is covered within charter agreements; in the liner trades, considerable effort is devoted to keeping fuel costs

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