Size (dwt)

Price ($ m end-2005 new building)/per dwt

Ops. Cost m$ per year

Ops. Cost, $ per dwt

Total cost p.a. per dwt -long run average cost

30,000

$26m/$867/dwt

1.2

40.0

$191

47,000

31/$660

1.4

30.0

$143

68,000

36/$529

1.8

26.5

$120

170,000

59/$347

2.0

11.8

$74