Waiting time in ports costs shipping billions of dollars annually
The shipping industry wastes billions of dollars every year by lying at anchor waiting to enter filled ports – because the ships might as well have sailed slower and saved fuel by timing their arrival with the port – says partner at MarineTraffic.
by SIMON VALEUR
It is money out the window when ships spend hours or days sailing around outside a port or lying at anchor with competitors while they wait for permission to enter the ports, unload goods and move on.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
New study highlights savings from speed limit
For subscribers
Digitization threats diminish growth confidence among CEOs
For subscribers
