The Operating Cost Of The Global Freight Fleet Exceeded Us $100 Billion For The First Time

According To Clarkson Research Data, The Operating Cost (opex) Of The Global Freight Fleet In 2017 Exceeded Us $100 Billion For The First Time, Higher Than Us $98 Billion In 2016. In 2008, The Operating Cost Of The Global Freight Fleet Was $83 Billion.

Clarkson Pointed Out That The Crew's Wages Still Accounted For The Largest Cost In The Fleet's Operating Costs, Reaching Us $43 Billion. These Funds Were Allocated To 1.4 Million Crew Members. Administrative Expenses Account For The Second Largest Proportion Of Crew Operating Costs, With A Total Of Us $9.2 Billion, Followed By Maintenance Costs Of Us $7.7 Billion And Storage And Lubrication Costs Of Us $5 Billion. In Addition, There Are $4.6 Billion For Insurance Costs, $3.4 Billion For Ship Protection And Compensation (p & I) And $3.2 Billion For Fixed Supply. Meanwhile, The Cost Of Groceries Was $4.3 Billion, And The Cost Of Other Units Was $6.9 Billion.

In The Past Few Years, Due To The Continuous Spread Of Losses In Marine Business From The Marine Industry To The Consolidation Industry, The Bulk Transportation Industry And The Oil Transportation Industry, The Shipping Industry Is Under Considerable Pressure In Order To Maintain Competitiveness And Reduce Costs.

Clarkson Pointed Out That In Order To Make The Shipping Industry More Intelligent And Collect And Use "big Data", Technology And Automation Are Continuously Attracting Industry Investment. The Cost In This Field (not Considering The Ship Operation Cost) Is Obviously A Considerable Target. Therefore, The Shipping Industry Will Need New Technologies, Skills And New Accounting Methods.