Monday, April 13, 2009

Maersk Line saves fortune on low speed

Maersk Line has been both saving money and sparing the environment from a great deal of CO2 discharges by decreasing the speed.

The shipping company has since 2007 been carrying through an experiment where 110 of the company's ships have been sailing at a lower speed than that recommended by the engine manufacturers. "Slow navigation means that we will achieve full flexibility so the ship can, at any given time, sail at the optimum speed. By doing so, the ships will arrive precisely as scheduled. If they arrive too early they have been using too much fuel and travelling at high speed is expensive", says Ole Graa Jakobsen, senior general manager of technological services at A. P. Moller-Maersk, to RB-Borsen.Approximately one million dollars a year pr. ship and a ten percent lower emission of CO2 is what has so far come out of the experiment. On top of the environmental and financial benefits of travelling at lower speed, this also helps reduce the supply of container capacity in a time with falling rates.
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