Running costs

The largest cost item in ship management is crew costs. Wilson primarily recruits its crew via its own Wilson Crewing Agency Ltd. (WCA) in Arkhangelsk and its sister company in Odessa; Wilson Crewing Agency Odessa Ltd.

Approximately 80% of the about 1450 crew in the Wilson system are Russian. The remaining crews are in general Polish, Ukrainian and Norwegian. The Russian crew comes primarily from Northwest Russia and is a very stable and loyal workforce with low turnover. This means that Wilson vessels sail with stable crewing levels.

Docking costs are a significant cost factor in Wilson’s vessel operation. A graphic distribution of the costs included in vessel operation is given to the right.