Increasing the competitiveness of ships

摘要

Many ships are not operating at the most profitable propulsion conditions, due to problems checking the service speed and fuel consumption, argues Torben Munk. In today's economic environment, the com-petitiveness of a ship is dictated by the ser-vice speed and fuel consumption. It is obvious that the income of a ship increases with the speed, but profit only increases if the additional costs are less than the extra income. Also if less power is required to maintain the same service speed then fuel costs are reduced. However, profit will increase only if the savings on the fuel bill are larger than the cost of reducing the consumption.