by Ulrik Sanders, Managing Director & Senior Partner, and Christoffer Nielsen-friis, Student Analyst, BCG (Copenhagen)

In a seascape regularly buffeted by external shocks - pandemics, inflationary pressures, volatile oil prices, and shifting trade-war dynamics - maintaining tight, disciplined control over operating expenses (opex) has long been a strategic imperative for shipping firms.

That's because managing costs is key to both short-term profitability and long-term competitive advantage across the industry. Download PDF