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by hwillis
3324 days ago
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"Crew costs of $3,299 a day account for about 44 percent of total operating expenses for a large container ship, according to Moore Stephens LLP, an industry accountant and consultant."[1] The Maersk triple E's have a crew of 13 and consume ~136 tonnes/day of bunker fuel[2] which costs currently ~$315/tonne[3], for a daily fuel cost of $42,840. So right off the bat that number is very suspect. Even for other ships like the CSCL Globe with a crew of 31, that's a 12x difference. I don't understand how that estimate can possibly be true. Ship captains and engineers make ~80k annual and crewmen make under 40k. For a crew of 20-30, $3,299 would be basically bang on for a daily crew cost but there's no fucking way fuel and depreciation only cost $4,200 a day. Even a 4000 TEU ship (tiny) at 17 knots (snail) burns $15,000+ a day.[4] [1] https://www.bloomberg.com/news/articles/2014-02-25/rolls-roy... [2] http://www.scdigest.com/ontarget/13-09-12-1.php?cid=7401 [3] http://www.tsacarriers.org/calc_bunker.html [4] https://people.hofstra.edu/geotrans/eng/ch8en/conc8en/fuel_c... |
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I know a lot of ships spend days waiting to enter the panama canal, or days in port. Crew is certainly paid for those days as well. What percentage of the time is the ship fully underway and using fuel?
That 44% figure might be more reasonable if you're only burning fuel 1/3 of the time.