Description

Detailed analyses of costs, tariffs and profitability (with unit revenue information) is provided in Appendix B: “Regional shipping Industry: Costs, Tariffs and Profitability”. Neither the formal, nor informal, sectors are in positions where major investments in new vessels are either warranted or would be profitable. The concept of a “Return on Capital” is, consequently, not presently relevant. With the present under-utilisation of the existing fleet, there is clearly no need to expand existing transport capacity.