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14Maritime Reporter & Engineering News NEWSMonthly ChangeSecondhand Vessel Values by Year & Size VesselsValue.com provides data driven ship valuations for tankers, bulk- ers and containerships. These graphs show how vessel value dependson age for the major types. Vessels are assumed to have typical size and specification for age and high built quality at a top tier shipyard. VesselsValue.com Supply & Demand 101Crew Drives Cost RiseAs a dearth of qualified crew in the pipeline vexes vessel owners glob- ally, it should be surprising to few that rishing crew costs is the leading driver of higher total annual operatig costs in the shipping industry. Moore Stephens announced via itsOpCost 2012, the firm?s unique ship operating costs benchmarking tool,that total annual operating costs inthe shipping industry increased by anaverage 2.1% in 2011, compared to a 2.2% average rise in costs recorded for the previous year. Crew costs were the main reason for the overall increase in 2011, while the cost of insurance fell forthe second year in succession.OpCost 2012covers the three main tonnage sectors ? bulkers, tankers and containerships. Some other interesting numbers: % overall increase in 2011 crew costs compared to the 2010 fig- ure. %, the largest crew cost increase recorded in for operators of larg- er dry cargo ships (above 25,000 dwt) and of smaller LPG carriers(between 3,000 and 8,000 cbm).% that costs for repairs and main- tenance FELL in 2011, compared to the 4.5% rise in 2010. % rise for repairs & maintenance in the bigger containership sector(between 2,000 and 6,000 teu) % increase on stores spending. % that insurance expenditure FELL in 2011, following a 4.7%fall in 2010.www.moorestephens.co.uk/ Shippingopcost.aspxArt Anderson Associates recently completed design of a new dredge vessel for Pacifica, a Seattle-based vehicle as- sembler. The 50-ft. vessel was recently delivered to a cus- tomer for gold dredging operations near Nome, Alaska. Art Anderson Associates was engaged by Pacifica in De- cember, 2011 to develop a design concept into a complete de- sign for construction. Its naval architects and marine engineers began by prepar- ing a computer-generated model of the vessel based on the concept drawings, which was the basis for initial hydrostatic and weight calculations. In Phase II of the project, Art An- derson Associates developed construction drawings for the hull and superstructure, and finalized the weight and stabil- ity calculations. In the project?s final phase, the team pro- vided fuel, water and controls design assistance, along with support for deployment. The vessel was designed specifically to meet the unique requirements of sub-surface dredging operations in the remote coastal waters of the Bering Sea, and is powered by twin 300 hp Yamaha outboards. It features a custom- designed bow for cutting through the rough seas and all pump, sluice and crane systems to conduct its gold dredg- ing mission. ?This was a fun project in that we were able to learn quite a bit about the gold dredging business, the unique equipment involved with it, all while applying the engineering skills we enjoy,? said Ben Anderson, Naval Architect and Project Man- ager for Art Anderson Associates. Interest in offshore gold dredging has grown significantly, driven by high gold prices, recent offshore lease sales by the State of Alaska, and the popularity of TV programs such as the Discovery Channel?s Bering Sea [email protected] http://www.artanderson.com Art Anderson Associates at forefront of The New Gold Rush Pacifica Receives Gold Dredge 3.36.71.14.42.71.5 MR#10 (10-17):MR Template 10/5/2012 10:16 AM Page 14