{"id":847,"date":"2026-01-19T19:34:40","date_gmt":"2026-01-19T19:34:40","guid":{"rendered":"https:\/\/sailorvikas.com\/?p=847"},"modified":"2026-01-19T19:34:40","modified_gmt":"2026-01-19T19:34:40","slug":"operations-daily-running-cost","status":"publish","type":"post","link":"https:\/\/sailorvikas.com\/index.php\/2026\/01\/19\/operations-daily-running-cost\/","title":{"rendered":"Operations \/Daily Running Cost"},"content":{"rendered":"\n

Operations \/Daily Running Cost<\/h2>\n\n\n\n

CREWING COSTS: <\/strong>These include:<\/strong><\/p>\n\n\n\n

    \n
  1. Officers and crew wages, leave pay etc.<\/li>\n\n\n\n
  2. Overtime<\/li>\n\n\n\n
  3. Pension, union, insurance contribution for crew\u00a0<\/li>\n\n\n\n
  4. Establishment costs (recruitment, training etc.)<\/li>\n\n\n\n
  5. Crew travel expenses<\/li>\n\n\n\n
  6. Sundry, unrecoverable medicals.\u00a0<\/li>\n<\/ol>\n\n\n\n

    STORING COSTS:<\/strong><\/p>\n\n\n\n

      \n
    1. Provisions, victualling<\/li>\n\n\n\n
    2. Deck and engine general stores<\/li>\n\n\n\n
    3. Paints<\/li>\n\n\n\n
    4. Ropes & cordage<\/li>\n\n\n\n
    5. Lubricants<\/li>\n\n\n\n
    6. Cabin stores \/ laundry etc.<\/li>\n\n\n\n
    7. Fresh water\u00a0<\/li>\n<\/ol>\n\n\n\n

      MAINTENANCE COSTS:<\/strong><\/p>\n\n\n\n

        \n
      1. Deck repairs and spares<\/li>\n\n\n\n
      2. Engine repairs & spares<\/li>\n\n\n\n
      3. Electronic & Navigational aids including charts and publication<\/li>\n\n\n\n
      4. Surveys, certification etc.\u00a0<\/li>\n<\/ol>\n\n\n\n

        INSURANCE COSTS:<\/strong><\/p>\n\n\n\n

          \n
        1. Insurance of hull and machinery<\/li>\n\n\n\n
        2. P & I insurance cost<\/li>\n\n\n\n
        3. Insurance for loss of earning<\/li>\n\n\n\n
        4. Deductible allowance<\/li>\n\n\n\n
        5. Insurance for war risks.\u00a0<\/li>\n<\/ol>\n\n\n\n

          ADMINISTRATION COSTS:<\/strong><\/p>\n\n\n\n

            \n
          1. Communication costs<\/li>\n\n\n\n
          2. Port cost on owners account<\/li>\n\n\n\n
          3. Management fee<\/li>\n\n\n\n
          4. Miscellaneous costs (business development, administration etc.)\u00a0<\/li>\n<\/ol>\n\n\n\n

            *An apportioned, estimated drydock expenses should be taken into account.<\/p>\n","protected":false},"excerpt":{"rendered":"

            Operations \/Daily Running Cost CREWING COSTS: These include: STORING COSTS: MAINTENANCE COSTS: INSURANCE COSTS: ADMINISTRATION COSTS: *An apportioned, estimated drydock expenses should be taken into account.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[95],"tags":[],"class_list":["post-847","post","type-post","status-publish","format-standard","hentry","category-ms-act","entry"],"_links":{"self":[{"href":"https:\/\/sailorvikas.com\/index.php\/wp-json\/wp\/v2\/posts\/847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sailorvikas.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sailorvikas.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sailorvikas.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sailorvikas.com\/index.php\/wp-json\/wp\/v2\/comments?post=847"}],"version-history":[{"count":1,"href":"https:\/\/sailorvikas.com\/index.php\/wp-json\/wp\/v2\/posts\/847\/revisions"}],"predecessor-version":[{"id":848,"href":"https:\/\/sailorvikas.com\/index.php\/wp-json\/wp\/v2\/posts\/847\/revisions\/848"}],"wp:attachment":[{"href":"https:\/\/sailorvikas.com\/index.php\/wp-json\/wp\/v2\/media?parent=847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sailorvikas.com\/index.php\/wp-json\/wp\/v2\/categories?post=847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sailorvikas.com\/index.php\/wp-json\/wp\/v2\/tags?post=847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}