The wrong speed for all the wrong reasons

The wrong speed for all the wrong reasons - download the white paper

Published: 22 May 2023

Unravel some of the shipping industry’s operational inefficiencies, including the common dilemma of "sail fast, then wait" (SFTW) in this new white paper.

This practice, embedded deep within the industry's operational patterns, leads to seemingly illogical results, excessive fuel consumption and consequential environmental emissions.

By scrutinising the industry's legacy frameworks, the fragmented value chain, and the diverse drivers behind decision-making, the white paper points to changes that could potentially push the shipping industry halfway towards the IMO 2030 GHG target. The white paper highlights some of the actions needed to optimise operations and minimise emissions while enhancing profitability and resilience in a highly competitive environment.

The white paper touches on how:

Voyage charter parties do not incentivise efficiency through optimal arrivals

First-come, first-served port operations hinder efficiency

Time charter parties are not geared for efficiency

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