Maritime shipping industry performance has been dramatically dampened by a double blow of soaring bunker costs and plunging freight prices. To weather the storm and perform in the new norm of tighter emissions controls, shipping companies must reduce bunker costs. Reductions in bunker costs are, however, often hard to achieve because the potential cost reduction is analytically complex, and organi...
Maritime shipping industry performance has been dramatically dampened by a double blow of soaring bunker costs and plunging freight prices. To weather the storm and perform in the new norm of tighter emissions controls, shipping companies must reduce bunker costs. Reductions in bunker costs are, however, often hard to achieve because the potential cost reduction is analytically complex, and organi...
