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/en/transport-og-reiseliv/statistikker/kist/kvartal
65977
Fuel and cost of capital still increasing
statistikk
2012-03-23T10:00:00.000Z
Transport and tourism
en
kist, Cost index for domestic sea transport, capital cost of financing, maintenance, fuel, depreciation, repair costs, cargo ships, cruise ships, ferries, passenger boats.Sea transport , Transport and tourism
false

Cost index for domestic sea transport, Q4 2011

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Fuel and cost of capital still increasing

Cost of capital in domestic sea transport increased by 2.4 per cent from the 3rd quarter of 2011 to the 4th quarter of 2011. Compared to the 4th quarter of 2010 the increase was 16.8 per cent.

The sub-index for capital costs is based on 3-month nominal NIBOR from Norges Bank. This sub-index was at 122.2 in the 4th quarter of 2011. This is an annual growth in the cost of financing of 16.8 per cent compared with the same quarter in 2010.

Despite the sharp yearly increase in financing costs, total cost index for domestic sea transport increased by only 0.8 per cent compared with the previous quarter. The sub-index for other costs increased by only 0.3 per cent, while the sub-index for repair and maintenance costs increased by 0.4 per cent compared with the third quarter of 2011.

Largest cost increase for large passenger vessels and tugs

Total costs for large passenger vessels had an increase of 0.2 per cent from the 3rd quarter to the 4th quarter of 2011. The increase in this sub-index was 7.8 per cent compared to the same period in 2010. Towing/port towage vessels had a yearly increase in costs of 6.8 per cent during the same period.

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