Drewry, a leading maritime consultancy, has released its Ship Operating Costs Annual Review and Forecast 2025/26, a comprehensive report designed to provide vessel owners, operators, managers, creditors, and equity investors with critical insights into global ship operating costs.
The report is published annually in Q4 and offers a detailed analysis of historical and forecast trends for principal operating costs across various vessel types and sizes.
It serves as an essential tool for benchmarking operating costs, internal budgeting, and strategic planning.
Key Features of the Report:
Executive Summary: A concise overview of the report’s findings.
Historical and Forecast Trends: Analysis of key operating costs, including manning, insurance, stores and spares, lubricating oils, repair and maintenance, dry-docking, management, and administration.
Sector and Vessel Age Overview: Insights into operating costs segmented by sector and vessel age.
Detailed Breakdown: Comprehensive current-year operating cost estimates for various vessel types and sizes, including container vessels, chemical tankers, dry bulk carriers, LPG carriers, LNG carriers, product tankers, crude tankers, and more.
Data Accessibility: All tables, charts, and graphs are provided in an accompanying Excel file for ease of use and analysis.
Who Can Benefit from the Report?
Vessel Owners, Operators, and Managers: Benchmark your fleet’s operating costs against global median estimates and utilize forecasts for effective budgeting and planning.
Creditors and Equity Investors: Incorporate Drewry’s operating cost estimates into cash flow and valuation models to assess company performance against global benchmarks.
Comprehensive Cost Coverage:
The report provides detailed insights into various cost categories, including manning, insurance, stores, spares, lubricating oils, repair and maintenance, dry-docking, and management and administration.
It also includes time-series data and forecasts for LPG carrier operating costs up to 2030, offering a forward-looking perspective on market trends and cost dynamics.
Data Sources and Methodology:
Drewry’s assessments are based on four decades of expertise, direct contributions from ship managers and operators, and insights from industry experts.
The report incorporates key market development factors such as wage inflation, material price changes, and supply-demand dynamics in crewing, insurance, and other cost areas.
