BunkerWorld: Fuel Efficiency To Become a Priority, Says Report

“Pressure to cut shipping’s greenhouse gas (GHG) emissions will drive shipowners to increase vessel efficiency, according to a report. Shipowners and shippers will have to ‘foot the bill’ when the costs of any environmental legislation become clear, say Poten & Partners. ‘Depending on how big the cost is compared to shipping rates and earnings, shipowners will likely need to invest in the efficiency of their vessels,’ the ship broker and consultancy says.”