In this study we analyse the economic effects and environmental impact of speed reduction for an AFRAMax tanker. By varying the speed and the installed power, considering also the effects of fuel consumption difference, market conditions... more
In this study we analyse the economic effects and environmental impact of speed reduction for an AFRAMax tanker. By varying the speed and the installed power, considering also the effects of fuel consumption difference, market conditions and the increase in transportation time, we show that slow steaming can be simultaneously economically sound and eco-friendly. Changes in the environmental efficiency design index, or EEDI, are also addressed.