Operating survey for vessels in water transport, 2010

Figures for ocean transport are reported by enterprises within the industry sub-classes of Passenger ocean transport, Freight ocean transport, Tugs, and Supply and other sea transport offshore services. The growth for vessels in foreign going trade is mainly a result of lower operating costs, while gross freight increased by 5 per cent to NOK 105 billion.

Increased income from Contracts of affreightment (COA)

Freight income from contracts of affreightment increased by 27 per cent to NOK 15.8 billion from 2009 to 2010. In the same period, voyage freights and foreign time charter increased by 12 and 18 per cent respectively. Freight income from bareboat fell 43 per cent to NOK 3 billion in 2010.

Growth in bulk transport

The freight income from bulk vessels increased by 53 per cent to NOK 31.7 billion in 2010. Bulk transport represents 32 per cent of total gross freights in 2010, compared to 22 per cent in 2009.

Increased bunker costs

Bunker costs and loading and unloading costs increased by 25 and 18 per cent. Other voyage dependent costs were unchanged in the same period. Costs from renting manned foreign vessels increased by 28 per cent to NOK 14.5 billion. Bareboat rentals decreased by 18 per cent.

Growth in income from coastal traffic

In 2010, coastal water traffic had an increase in turnover of 4 per cent. The growth in turnover for enterprises within coastal water traffic stems from increased income in domestic freight transport, passenger boats and car ferries. Domestic freight transport increased by more than NOK 300 million from 2009 to 2010.

Tables:

• Table 1 Vessels in foreign going trade, freights and costs. 2006-2010
• Table 2 Operating survey for vessels in foreign going trade, by type of vessels. 2007-2010
• Table 3 Domestic sea transport, turnover, by type of service. Enterprise. 2007-2010