Oil price v ferry price

[TM59]

With the price of oil down by approx 50%, will ferry prices be cheaper in 2015?

Trevor

 

[Bertie Bassett]

With the price of oil down by approx 50%, will ferry prices be cheaper in 2015?

Trevor

Ho Ho HO! With the monopoly/cartel they've arranged between themselves on every route I think not.

 

[Sandancers]

The other part of this question is, now that diesel is so cheap does it make sense to get on a ferry to Santandar and drive to South of France as opposed to driving down thro France.

 

[DuxDeluxe]

Nope - new Emission Control Area regulations means that the ferries must now run on distillates rather than much cheaper residual fuels from today...... Huge cost implications for all shipowners

 

[TheBig1]

With the price of oil down by approx 50%, will ferry prices be cheaper in 2015?

Trevor

no because ferries are going to be forced to use less polluting fuel. it was announced months back that prices are likely to shoot up to cover the ferry companies costs

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[TheBig1]

Broken Link Removed

 

[Bertie Bassett]

Broken Link Removed

Interesting link with an unequivocal statement from P&O that passengers will pay for the increased cost...................not that that was ever in doubt I suppose.

 

[TM59]

Certainly does not sound good

 

[Bertie Bassett]

Certainly does not sound good

Tunnel prices will reflect the market.com too I would expect! Barstewards!

 

[Jaws]

The other part of this question is, now that diesel is so cheap does it make sense to get on a ferry to Santandar and drive to South of France as opposed to driving down thro France.

never did !
We have always driven down and back up.
We have done the calculations so many times and tried to work it but the cost of the ferry to Spain is always considerably higher than the cost of diesel and the couple of wee tolls we take in whilst in Spain

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[Judge Mental]

I did the biscay once one way..never again, a cruise it is not!

the return was cancelled due to gearbox failure, we drove up the same day....... A pointless crossing IMO

 

[Bertie Bassett]

I did the biscay once one way..never again, a cruise it is not!

the return was cancelled due to gearbox failure, we drove up the same day....... A pointless crossing IMO

And like Mr Kipling's cakes.............exceedingly expensive.

 

[SomeoneElse]

The question that has always interested me is :
"What proportion of the ferry cost is accounted for by fuel"
What with port fees, staff on land, staff on the boat, and the capital cost of the boat, plus sales and other admin costs.
I would have expected fuel to be pretty low down on the list, yet this change of fuel going to be used to significantly hike the price by all reports.

 

[greygit]

The question that has always interested me is :
"What proportion of the ferry cost is accounted for by fuel"
What with port fees, staff on land, staff on the boat, and the capital cost of the boat, plus sales and other admin costs.
I would have expected fuel to be pretty low down on the list, yet this change of fuel going to be used to significantly hike the price by all reports.

The unacceptable face of capitalism?

 

[Robert Clark]

Ferry prices may not go down, but running the MH this year is going to be a whole load cheaper!!!!

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[Judge Mental]

Most boats are leased aren't they? This why you see the same craft moved to different locations over many years...

 

[DBK]

I booked Plymouth /Santander last month for a crossing in April and it cost about the same as our crossing last September. Given the new rules came in to effect yesterday I can only last assume the reduction in oil price more or less balances the increased cost of the low sulphur fuel they now need to buy.

A bit of Googling suggest the fuel costs about $400 per tonne and a ship like the Pont Aven will consume about 100 tonnes in 24 hours so if there are 1000 people on the ship each one is paying $40 each for fuel for the trip, which is about a fifth of the ticket price if there are two of you plus a MH going to Santander.

My figures are rough estimates but I don't think they a wildly out. Certainly, I think the decimal point is in the right place, in other words the cost of fuel per person going to Santander shouldn't be more than $100.

 

[DuxDeluxe]

If a ship has to burn distillate fuel (bearing in mind that it has to switch completely over before reaching the ECA limits) then the costs are approximately twice that of higher sulphur residual fuel.

Historically, the fuel costs have been about 50% the cost of running a ship but that information is quite old