Family: Asset

Index: LNGCC

Category: Change

 

Following approval from the BEA Board the crew complement of the Baltic standard LNG vessel has been increased from 24 to 25.

 

Updated description as follows:

 

LNGCC

$/day

LNG Carrier Crew Cost

Crew cost for an LNG vessel. Basis 25 crew FOC with ITF approved agreement. Wages fully loaded (national costs, agency, overtime, standby), Substance abuse testing programme, Union Dues, ITF, Victualling and domestic provisions, Travel, Medical, Training, STCW requirements, in-lieu-of-cadets training cost (cadets not in standard complements). All other Manning expenses other than Insurance, Manager’s Fees relating to crewing, or an apportionment. Basis the standard Baltic LNG Vessel

 

 

The crewing cost contributes to the daily Operating Cost of an LNG carrier

 

LNGOPEX

$/day

LNG Carrier Operating Expense

LNG Operating Expense comprises Crew Cost Technical Management and Insurance cost. LNGOPEX = Sum (LNGCC,LNGTC,LNGIC)

 

Any comments or feedback, please direct your message to balticbroker@balticexchange.com.

 

MA/Asset/202604/22/N