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Maersk cuts fuel consumption by 6% in H1 2010
Attributes reduction to slow steaming, despite increase in shipping activity.

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Comments on this Article

Sissi Quach
19th August 2010
What kind of impact does this reduced speed have on the total number of days per voyage? And what does that mean in money?
Caroline Clarke
SCM Services Pty Ltd
23rd August 2010
Can we glean an example on the formula used to appreciate these savings please.
Caroline Clarke
SCM Services Pty Ltd
24th August 2010
Most keen to here results on Sissi's enquiry
Unni Einemo
Petromedia Ltd (UK)
3rd September 2010
It isn't exactly a formula, but Maerks says: "A ship that reduces speed by 20% will use 40% less fuel, thereby reducing CO2 emissions correspondingly. To maintain the same service frequency and compensate for a lower average speed, 1-2 extra vessels are added per route, or string." (http://www.maersk.com/AboutMaersk/News/P...)

The company saved approximately $300 million on bunkers in 2009 due to slow steaming. (http://www.sustainableshipping.com/news/...)

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