Time-charter ships far more expensive in fuel
![Photo: Hapag-Lloyd](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article4644201.ece/ALTERNATES/schema-16_9/TsingtaoExpress01_print_rdax.jpg)
Many container carriers build their business on operating owned as well as time-chartered ships, but the time-charter vessels are far more expensive for the carriers's business than the ships they own, according to a benchmark analysis of the container industry performed by the Boston Consulting Group (BCG) in 2013. The analysis covers data from 17 different container ship owners, including eight of the 20 biggest container carriers in the world.
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