You are here

STRAIT TALK

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

32397328.jpg
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