Huge difference in container carriers' bunker consumption

Container carriers' bunker consumption can vary by up to 20 percent, and this factor has a decisive impact on the companies' profits, according to a new analysis by Boston Consulting Group.

Photo: Hapag-Lloyd

Some container carriers manage to sail a lot cheaper than their competitors because they have a higher degree of control over their fuel consumption and are better at communicating with the captain in terms of reducing bunker consumption, according to a new benchmark analysis performed by Boston Consulting Group (BCG), which has compared container ships from 17 different owners, including eight of the world's largest container carriers.

In a specific analysis based on numbers from 2013, BCG has compared container ships in the 8,000 to 9,999 teu range operating on the Asia-Europe tradelane. And the analysis shows an 18 percent difference between the various ships in terms bunker-related expenses. BCG declines to name the carriers that top the analysis.

Read the whole article

Get 14 days free access.

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

Several factors explain the plummeting dry bulk rates

Dry bulk rates have taken an unusual dive at the beginning of 2022. Most recently, the Baltic Dry Index dipped by 4 percent Friday. Several factors have triggered a ”panic in the market,” an analyst explains to ShippingWatch.

Further reading

Related articles

Latest news

See all jobs