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COVID-19 drives up ship operating costs

Vessel operating costs have risen at their fastest pace in over a decade this year, on higher insurance cover premiums and COVID-19 related expenses, but are expected to moderate in subsequent years as pandemic related spend unwinds, according to the latest Ship Operating Costs Annual Review and Forecast 2020/21 report published by global shipping consultancy ...

The post COVID-19 drives up ship operating costs first appeared on Hellenic Shipping News Worldwide.

WP_Post Object ( [ID] => 235911 [post_author] => 78 [post_date] => 2020-11-30 22:00:57 [post_date_gmt] => 2020-11-30 22:00:57 [post_content] =>

Vessel operating costs have risen at their fastest pace in over a decade this year, on higher insurance cover premiums and COVID-19 related expenses, but are expected to moderate in subsequent years as pandemic related spend unwinds, according to the latest Ship Operating Costs Annual Review and Forecast 2020/21 report published by global shipping consultancy ...

The post COVID-19 drives up ship operating costs first appeared on Hellenic Shipping News Worldwide.

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