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All main topics / Naval Architecture / Marine Transport and Economics / 50 Essential Shipping Terms
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.
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Source: Maritime Economics, 3rd edition
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Flashcard info:
Author: andersson.j
Main topic: Naval Architecture
Topic: Marine Transport and Economics
School / Univ.: Chalmers
City: Gothenburg
Published: 15.10.2009

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