Feb
22

Ship Owners Facing incresed manning costs

BY PAUL SHERWOOD  |  POSTED IN CREW MANAGEMENT

Today oil markets & futures are surging - So what effect does this have on Ship Owners and the manning costs ? -  The probability of a negative effect to the Airlines due to the continued unrest in North Africa, middle east;  todays news from Libya tipping  the cost per barrel  balance rapidly upwards. 

Ship Managers, Vessel Owners and Manning Agents could be facing a stretch on budgets allocated for berthing and manning  and berthing costs as Air Fares are likely to increase.