OPERATIONAL EXPENCES EFFECT ON PERFORMANCE PARAMETERS OF MARINE SHIPMANAGEMENT
Year: 2024

The article presents the results of correlation analysis of budget and actual cost data reflecting fleet operational expenses groups and fleet performance quality data.All data is converted to uniform arrays where each element indicates the yearly value of vessel's performance.The initial data comes from corporate accounting and management software of world's leading tanker company having a fleet of more than 100 vessels for the period of 5 years.The correlation analysis concludes with unpredict