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This excerpt taken from the DAC 6-K filed Nov 12, 2009. Vessel Operating Expenses
Vessel operating expenses increased 6.0%, or $3.9 million, to $69.0 million in the nine months ended September 30, 2009, from $65.1 million in the nine months ended September 30, 2008. The increase was due to a 7.2% increase in the average number of our vessels in our fleet during the nine months ended September 30, 2009 compared to the nine months ended September 30, 2008.
This overall increase was offset in part by the lower average daily operating cost per vessel of $6,312 for the nine months ended September 30, 2009 compared to $6,503 for the nine months ended September 30, 2008.
This excerpt taken from the DAC 6-K filed Sep 23, 2009. Vessel Operating Expenses
Vessel operating expenses increased 8.3%, or $3.5 million, to $45.9 million in the six months ended June 30, 2009, from $42.4 million in the six months ended June 30, 2008. The increase was due to the increase in the average number of our vessels in our fleet during the six months ended June 30, 2009 compared to the six months ended June 30, 2008.
This overall increase was offset in part by the successful implementation of efficient management controls on our operating expenses, resulting in an average daily operating cost per vessel of $6,412 in the six months ended June 30, 2009 compared to $6,504 in the six months ended June 30, 2008.
This excerpt taken from the DAC 6-K filed Aug 12, 2009. Vessel Operating Expenses Vessel operating expenses increased 24.0%, or $12.7 million, to $65.7 million in the year ended December 31, 2007, from $53.0 million in the year ended December 31, 2006. This increase was due to the increase in the average number of containerships in our fleet by 6.0 vessels, or 22.8%, to 32.3 containerships in the year ended December 31, 2007 from 26.3 containerships in the year ended December 31, 2006. 58 This excerpt taken from the DAC 20-F filed Jul 13, 2009. Vessel Operating Expenses Vessel operating expenses increased 24.0%, or $12.7 million, to $65.7 million in the year ended December 31, 2007, from $53.0 million in the year ended December 31, 2006. This increase was due to the increase in the average number of containerships in our fleet by 6.0 vessels, or 22.8%, to 32.3 containerships in the year ended December 31, 2007 from 26.3 containerships in the year ended December 31, 2006. 58 This excerpt taken from the DAC 6-K filed Nov 6, 2008. Vessel Operating Expenses
Vessel operating expenses increased 39.7%, or $18.5 million, to $65.1 million in the nine months ended September 30, 2008, from $46.6 million in the nine months ended September 30, 2007. The increase was due to the increase in the average number of our vessels in our fleet during the nine months ended September 30, 2008 compared to the nine months ended September 30, 2007.
Our daily operating expenses per vessel increased by 2.8% in the nine months ended September 30, 2008 compared to the nine months ended September 30, 2007. The increase was mainly due to higher crew wages partially offset by lower lubricant expenses attributed to slow steaming and lower insurance cost.
This excerpt taken from the DAC 6-K filed Aug 5, 2008. Vessel Operating Expenses
Vessel operating expenses increased 36.3%, or $11.3 million, to $42.4 million in the six months ended June 30, 2008, from $31.1 million in the six months ended June 30, 2007. The increase was due to the increase in the average number of our vessels in our fleet and a general increase in costs experienced by the overall industry during the six months ended June 30, 2008 compared to the six months ended June 30, 2007.
This excerpt taken from the DAC 6-K filed Jun 20, 2008. Vessel Operating Expenses Vessel operating expenses increased 16.0%, or $7.3 million, to $53.0 million in the year ended December 31, 2006 from $45.7 million in the year ended December 31, 2005. This increase was due to the increase in the average number of vessels in our fleet which contributed approximately $3.8 million in vessel operating expenses in the year ended December 31, 2006 compared to the year ended December 31, 2005 and a general increase in running costs experienced by the industry, more specifically with respect to lubricant oil costs, maintenance costs and seafarers wages, which added approximately a further $3.5 million. This excerpt taken from the DAC 6-K filed Apr 30, 2008. Vessel Operating Expenses
Vessel operating expenses increased 29.4%, or $4.5 million, to $19.8 million in the three months ended March 31, 2008, from $15.3 million in the three months ended March 31, 2007. The increase was due to the 17.1% increase in the average number of our vessels in our fleet and a general increase in costs experienced by the overall industry during the three months ended March 31, 2008.
This excerpt taken from the DAC 20-F filed Apr 7, 2008. Vessel Operating Expenses Vessel operating expenses increased 16.0%, or $7.3 million, to $53.0 million in the year ended December 31, 2006 from $45.7 million in the year ended December 31, 2005. This increase was due to the increase in the average number of vessels in our fleet which contributed approximately $3.8 million in vessel operating expenses in the year ended December 31, 2006 compared to the year ended December 31, 2005 and a general increase in running costs experienced by the industry, more specifically with respect to lubricant oil costs, maintenance costs and seafarers wages, which added approximately a further $3.5 million. This excerpt taken from the DAC 20-F filed Apr 4, 2008. Vessel Operating Expenses Vessel operating expenses increased 16.0%, or $7.3 million, to $53.0 million in the year ended December 31, 2006 from $45.7 million in the year ended December 31, 2005. This increase was due to the increase in the average number of vessels in our fleet which contributed approximately $3.8 million in vessel operating expenses in the year ended December 31, 2006 compared to the year ended December 31, 2005 and a general increase in running costs experienced by the industry, more specifically with respect to lubricant oil costs, maintenance costs and seafarers wages, which added approximately a further $3.5 million. This excerpt taken from the DAC 6-K filed Dec 4, 2007. Vessel Operating Expenses
Vessel operating expenses increased 19.0%, or $7.3 million, to $45.7 million in the year ended December 31, 2005, from $38.4 million in the year ended December 31, 2004. The increase was due to the increase in the average number of vessels which contributed approximately $4.0 million in our fleet in 2005, compared to 2004, and a general increase in running costs per vessel experienced by the industry of $3.3 million.
This excerpt taken from the DAC 6-K filed Dec 4, 2007. Vessel Operating Expenses
Vessel operating expenses increased 20.7%, or $8.0 million, to $46.6 million in the nine months ended September 30, 2007, from $38.6 million in the nine months ended September 30, 2006. Approximately $6.7 million of the increase was due to the 21.1% increase in the average number of containerships in our fleet by 5.4 vessels in the nine months ended September 30, 2007 compared to the nine months ended September 30, 2006, and approximately $1.3 million of the increase was due to a general increase in running costs experienced by the industry, more specifically with respect to lubricant oil costs, maintenance costs and seafarers wages.
This excerpt taken from the DAC 6-K filed Nov 2, 2007. Vessel Operating Expenses
Vessel operating expenses increased 20.7%, or $8.0 million, to $46.6 million in the nine months ended September 30, 2007, from $38.6 million in the nine months ended September 30, 2006. Approximately $6.7 million of the increase was due to the 21.1% increase in the average number of containerships in our fleet by 5.4 vessels in the nine months ended September 30, 2007 compared to the nine months ended September 30, 2006, and approximately $1.3 million of the increase was due to a general increase in running costs experienced by the industry, more specifically with respect to lubricant oil costs, maintenance costs and seafarers wages.
This excerpt taken from the DAC 6-K filed Nov 2, 2007. Vessel Operating Expenses
Vessel operating expenses increased 19.0%, or $7.3 million, to $45.7 million in the year ended December 31, 2005, from $38.4 million in the year ended December 31, 2004. The increase was due to the increase in the average number of vessels which contributed approximately $4.0 million in our fleet in 2005, compared to 2004, and a general increase in running costs per vessel experienced by the industry of $3.3 million.
This excerpt taken from the DAC 6-K filed Jul 27, 2007. Vessel Operating Expenses Vessel operating expenses increased 8.5%, or $2.5 million, to $31.9 million in the six months ended June 30, 2007, from $29.4 million in the six months ended June 30, 2006. This increase was due to the increase of the average number of containerships in our fleet by 5.4 vessels and the decrease of the average number of dry bulk carriers in our fleet by 5.1 vessels, for which the daily operating expenses are generally less than those of containerships, as well as by a general increase of operating expenses experienced by the overall industry. This excerpt taken from the DAC 6-K filed Jun 13, 2007. Vessel Operating Expenses Vessel operating expenses increased 16.7%, or $7.7 million, to $53.9 million in the year ended December 31, 2005, from $46.2 million in the year ended December 31, 2004. Approximately $4.0 million of the increase was due to the increase in the average number of vessels in our fleet in 2005, compared to 2004, and approximately $3.6 million of the increase was due to a general increase in running costs per vessel experienced by the industry. This excerpt taken from the DAC 20-F filed May 30, 2007. Vessel Operating Expenses Vessel operating expenses increased 16.7%, or $7.7 million, to $53.9 million in the year ended December 31, 2005, from $46.2 million in the year ended December 31, 2004. Approximately $4.0 million of the increase was due to the increase in the average number of vessels in our fleet in 2005, compared to 2004, and approximately $3.6 million of the increase was due to a general increase in running costs per vessel experienced by the industry. This excerpt taken from the DAC 6-K filed Apr 30, 2007. Vessel Operating Expenses Vessel operating expenses increased 17.9%, or $2.4 million, to $16.1 million in the quarter ended March 31, 2007, from $13.7 million in the quarter ended March 31, 2006. This increase was due to the addition to our fleet of seven containerships, the sale of six drybulk carriers, one containership and a general increase of operating expenses experienced by the overall industry. This excerpt taken from the DAC 6-K filed Mar 9, 2007. Vessel Operating Expenses Vessel operating expenses increased 12.6%, or $6.8 million, to $60.7 million in the twelve months ended December 31, 2006, from $53.9 million in the twelve months ended December 31, 2005. This increase was due to a general increase in running costs per vessel experienced by the industry, and the increase in the average number of vessels in our fleet during the twelve months ended December 31, 2006. This increase was also partly due to the enhanced maintenance related to the increased number of vessels which had drydockings in the first twelve months of 2006 as opposed to those in 2005. This excerpt taken from the DAC 6-K filed Nov 13, 2006. Vessel Operating Expenses Vessel operating expenses increased 14.3%, or $5.5 million, to $44.5 million in the nine months ended September 30, 2006, from $39.0 million in the nine months ended September 30, 2005. This increase was due to a general increase in running costs per vessel experienced by the industry, and the increase in the average number of vessels in our fleet during the nine months ended September 30, 2006. This increase was also partly due to the enhanced maintenance related to the increased number of vessels which had drydockings in the first nine months of 2006 as opposed to the same period in 2005, as well as the increase in the number of vessels in our fleet during the quarter ended September 30, 2006 | EXCERPTS ON THIS PAGE: |
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