SeaIntel: Giant ships bring significant fuel savings

It makes sense to consider even bigger ships just in terms of fuel consumption, according to SeaIntel analysis.

Several major container carriers will take delivery of a long line of container ships with capacities of 18,000 teu or more in 2014 - the so-called Triple-E ships. And this could work wonders for the carriers' fuel consumption, says shipping analysts SeaIntel.

In fact, it would make sense to consider even bigger ships if one looks solely at fuel consumption. Using access to data concerning fuel consumption on individual ships, SeaIntel has calculated that a 25,000 teu ship would be able to save 27 percent in fuel costs on the Asia-Europe routes, compared to a 14,000 teu ship.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

SDK Freja anticipates steep earnings drop following record year

Logistics company SDK Freja, which delivered record financials with great advancement on top and bottom lines, takes a more gloomy view of the current fiscal year due to several ”external factors.” However, the growth target remains the same, CEO tells ShippingWatch.

LNG carriers concerned about increasing ship prices

The price on new LNG vessels has soared vigorously, and for Flex LNG this has meant a withdrawal from the market for new ships. Such was the statement by Flex LNG’s chief exec at Marine Money in New York, where he also announced new long-term charter agreements.

Maersk ships delayed up to three weeks on US east coast

Bottlenecks at major container ports on the US east coast have entailed that Maersk vessels are affected by delays of up to three weeks. It’s a combination of congestion, many ships, and a lack of container space, Maersk says.

Further reading

Related articles

Latest news

See all jobs