Abstract:Calculation of ship operating costs is the main element in determining tariffs, since determining the high and low rates is very important in the shipping business. In other words, determining the right ship operating costs is the key to the success of the shipping business. Vessel operating costs are determined by direct and indirect operational costs. Direct operational costs include capital costs, insurance costs, insurance premiums, crew costs, fuel costs, lubricant costs, grease costs, fresh water costs, … Show more
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