154056
statistikk
2014-09-23T10:00:00.000Z
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
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Cost index for domestic sea transport, Q2 2014

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Increase in capital costs

In domestic sea transport, capital costs increased by 2.2 per cent in the second quarter of 2014 compared to the same quarter of 2013. Total costs increased by 2.9 per cent in the same period.

Cost indices for domestic sea transportPublished 23 September 2014
2nd quarter 2014 Per Cent Change
1st quarter 2014 - 2nd quarter 2014 2nd quarter 2013 - 2nd quarter 2014
Total index 117.3 0.2 2.9
Vessels
Ferries 117.2 0.2 2.5
Small passenger boats 118.1 0.1 3.1
Large passenger boats 120.2 0.0 3.8
Criseships 115.5 0.1 2.5
Tugs 116.1 0.4 3.5
Other cargo ships 118.4 0.2 3.4
Costs
Fuel 153.9 -3.1 3.7
Crew 114.4 0.8 2.4
Repair and maintenance 109.7 2.2 3.4
Administrative 122.1 -0.6 2.1
Other 108.6 0.4 1.9
Capital costs - Depreciation 106.0 0.0 1.5
Capital costs - Financing 84.5 2.9 2.2

Source: Statistics Norway

At 84.5 in the second quarter of 2014, the sub-index for capital costs is also 2.9 per cent higher than that of the first quarter of 2014. This sub-index is based on the 3-month nominal NIBOR from Norges Bank (Norwegian money market rate). The average three-month nominal NIBOR was 1.77 per cent and 1.79 per cent in the 2nd quarter of 2013 and 2014 respectively.

Cost of crew went up by 2.4 per cent from the second quarter of 2013. Administrative costs increased by 2.1 per cent, fuel costs increased by 3.7 per cent, and repair and maintenance costs went up 3.4 per cent in the same period.