Rise in vessel speeds will increase GHG emissions

Demand for cargo on major trade lanes has increased substantially and the returns to the shipping lines and vessel owners have also increased with billions of dollars-worth of profits reported for the first quarter of this year by the lines and as the demand and profits have risen so have time charter rates and vessel speeds. Effectively raising carbon emissions too.

According to VesselsValue, average laden vessel speeds hit an all-time low in May 2020 with the pandemic spreading, demand...

https://container-news.com/rise-in-vessel-speeds-will-increase-ghg-emissions/

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