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Assuming a conservative figure of USD 2,300 per crane hour, a difference of just one per cent in the total availability (reliability) of a crane will amount to a loss of following revenue to the operator: 3.65 days (1 % of 365 days) x 24 hours x USD 2,300 = USD 201,500 per year.
Following calculation will give some idea: Loss of revenue to terminal operator: Average moves per hour per crane: 25 Tariff per lift: USD 80.00 Downtime costs per hour: 25 x 80 = USD 2,000 Cost to shipping line: Daily costs of chartering and operating a 3000 TEU ship: USD 15,000 per day.