Liner shipping decreases sailing speed to 13.8 knots in Q1
WORLD liner ships slowed four per cent to 13.8 knots in the first quarter having increased speed four per cent year on year in 2022 while planning to slow 10 per cent by 2025, says B
Changes in sailing speed can impact transport capacity, while also reducing both bunker oil consumption and greenhouse gas emissions, said Copenhagen-based BIMCO (Baltic and International Maritime Council) the big shipowners association.
Slow steaming, initially introduced in response to the financial crisis, cuts sailing speed on mainline routes by up to 20 per cent, said BIMCO.
The speed difference between head-haul and back-haul could also be reduced in the future. Compliance with the Energy Efficiency Existing Ship Index (EEXI) has led some ships to install Engine Power Limitations (EPL), reducing top speeds.
While improved port congestion and slower return rates to the Asia-Pacific region may contribute to the lower average sailing speed, BIMCO believes this trend foreshadows the future of global shipping.
source:SchedNet
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