Operating Costs of Maritime Transport
Approximately 80% of the world trade and about 70% of transport is by sea and is handled at terminals of seaports. The article describes the reasons for the increase in operating costs of maritime transport, drawing the attention to the sources of cost increases and their size. The main factor is the dynamic rise of fuel prices, followed by personnel, insurance and supplies costs. The research carried out among managers and fleet operators revealed that in 2013 the operation costs of vessels increased by 3%, and in 2014 it will increase by another 3.2%.(original abstract)
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