Shipping carriers apply SLOW speed to save costs

February 17, 2010 Edward

Most carriers from Europe and Asia are applying the so called Econo or Slow Speed in order to save bunker (fuel) costs. Generally the ships are sailing with around 20-22 knots, now they will slow down to around 16 knots resulting in increased transit-times of 2 to 7 days depending on distance travelled. In order to maintain the weekly service the shipping lines will deploy extra ships.

Source: DHL Global