This flashcard is just one of a free flashcard set. See all flashcards!
30
Operating costs (OPEX)
Expenses involved in the day-to-day running of the ship and incurred whatever trade the ship is engaged in. These include crew wages and expenses, victuailing, stores, spares, repairs and maintenance, lubricants and insurance.
Tags:
Source: Maritime Economics, 3rd edition
Source: Maritime Economics, 3rd edition
Flashcard info:
Author: andersson.j
Main topic: Naval Architecture
School / Univ.: Chalmers
City: Gothenburg
Published: 15.10.2009