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Maersk Line to save USD 1.3 billion on fuel from 2014

“Controlling and reducing our bunker cost will play a critical role in getting Maersk Line back to profitability” Søren Andersen, Head of Vessel Management for Maersk Line tells Mærsk Post. Fuel consumption is going to become a part of future time charter agreements.

Maersk Line aims to bring down fuel consumption by 22 percent in 2014. A reduction in bunker costs through new technology, design and slow steaming plays an important role in getting the company back in black, Søren Andersen, Head of Vessel Management for Maersk Line says in the latest issue of Mærsk Post.

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