Moore Stephens: Ship Operating Costs to Rise in 2016 and 2017

Vessel operating costs are expected to rise in both 2016 and 2017, with repairs, maintenance and spares set to record the most significant increase in each of the two years, according to shipping consultant Moore Stephens.

Moore Stephens: Shipping’s Operating Costs Fall for 4th Successive Year

Total annual operating costs in the shipping industry fell by an average of 2.4% in 2015, compared with the 0.8% average fall in costs recorded for 2014, representing the fourth successive year that the operating costs were in decline, according to shippi