Abstract:Abstractout of the total operational costs of a ship, fuel costs account for by far the highest proportion. In view of the global economic situation and the rising oil prices, shipowners and charterers are looking for solutions to cut costs by reducing fuel consumption. Low load operation, also well-known as "slow steaming", represents the currently most effective and popular measure to cut fuel costs and, in consequence, the total operational costs for increased competitiveness in the market. Low load operat… Show more
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