I find it unlikely labour costs make much of a difference compared to cargo being delayed on slow ships.
I would be more along the lines of, labour free ships don't go on strike/have HR incidents and delay cargo.
I would be more along the lines of, labour free ships don't go on strike/have HR incidents and delay cargo.
Oil tankers in the middle of the ocean, for example, will speed up and slow down as spot prices of oil increase or short-term interest rates decrease, since the inventory cost of their cargo has gone up and then down.
> 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.
The capital cost is probably as much as fuel and crew together. Still, if crew is ~20% of costs, it's worth looking at.
Also, unless they are getting their fuel for about 30 cents a gallon, fuel costs a lot more than $8247.50 (the other 56%) a day.