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Published:
This is an archived release.
The figures and tables were corrected 31 August 2015.
Decrease in costs for all types of vessel
The costs for enterprises with all type of vessels operated in domestic sea transport decreased in the first quarter 2015, compared with the same period in 2014. The figures for the total index cost for domestic sea transport declined by 2.9 per cent compared with the same quarter last year.
| 1st quarter 2015 | Per Cent Change | ||
|---|---|---|---|
| 4th quarter 2014 - 1st quarter 2015 | 1st quarter 2014 - 1st quarter 2015 | ||
| Corrected 31 August 2015. | |||
| Total index | 113.7 | -2.2 | -2.9 |
| Vessels | |||
| Ferries | 113.4 | -2.4 | -3.1 |
| Small passenger boats | 114.6 | -2.2 | -2.9 |
| Large passenger boats | 115.9 | -2.6 | -3.6 |
| Criseships | 113.8 | -1.3 | -1.4 |
| Tugs | 113.1 | -1.7 | -2.2 |
| Other cargo ships | 113.3 | -2.8 | -4.2 |
| Costs | |||
| Fuel | 116.0 | -15.1 | -27.0 |
| Crew | 117.4 | 0.6 | 3.4 |
| Repair and maintenance | 113.2 | 2.3 | 5.5 |
| Administrative | 124.7 | 0.3 | 1.6 |
| Other | 110.3 | 0.6 | 1.9 |
| Capital costs - Depreciation | 108.9 | 0.7 | 2.7 |
| Capital costs - Financing | 74.0 | -6.3 | -9.9 |
The total cost index for domestic sea transport was at 113.7 in the first quarter 2015. This is also a decrease of 2.2 percent compared with the figures for the previous quarter. The figures show a steady decrease in the cost of the enterprises in this industry.
Decrease in costs for all type of vessels
The sub-indices for all vessel groups as small passenger boats, large passenger boats, tugs, ferries, cruise ships and other cargo ships show a reduction in costs in the first quarter 2015. The sub-indices for all these vessel groups indicate a steady reduction in costs both compared to the same quarter in 2014 and compared with the previous quarter.
Significant decrease for cost of fuel
The sub-index for cost of fuel indicates a significant decline. This sub-index was at 116.0 in the first quarter of 2015. This is a decrease of 27.0 per cent from the first quarter 2014 and a reduction of 15.1 per cent compared to the previous quarter. These figures correspond with the information from producer price index for oil and gas, manufacturing, mining and electricity which shows a sharp fall in prices of crude oil, natural gas and petroleum products.
The sub-index for capital costs-financing was at 74.0 in the first quarter of 2015. This is a decline of 9.9 per cent from the same quarter last year and a reduction of 6.3 compared with the previous quarter. The sub-index for capital costs-financing is based on the 3-month nominal NIBOR from the Norwegian Bank (Norwegian money market rate).
Contact
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Sjøtransport
E-mail: sjotransport@ssb.no
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Henrik Eli Almaas
E-mail: henrik.almaas@ssb.no
tel.: (+47) 97 78 89 27