Covid-19 sees vessel operating costs rise at their fastest pace in over a decade

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, according to new research carried in shipping consultancy Drewry’s Ship Operating Costs Annual Review and Forecast 2020/21 report. Drewry estimates that average daily operating costs across the 47 different ship types …

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