[FAQs] How To Reduce Bunker Speed of Your Ship?

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Anyone working in shipping will attest that bunker/fuel is one of the major expenses for any shipping company.

Here’s an article published in Maritime Logistics Professional briefing on critical points for shipowners and charterers to become more profitable.

Here’s an excerpt from that.

Bunker Fuel Cost

The cost of bunker fuel is an easy place to start. Fuel accounts for a massive 60% – 80% of the cost of a voyage.

Below are the ways an owner can reduce these costs:

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