Fuel prices are rising. Marine vessels that reduced speeds of their ocean-going vessels can save as much as 10% on fuel. There is a huge savings potential.

Example:

A large shipping line with 80 ships needs approximately 1.6 million tons of bunker fuel a year. A 6% saving corresponds to 96,000 tons. At a price of $550 per ton of IFO 380, the savings is about $53 million. The KRAL fuel consumption meter can help, paying for the installations on all 80 ships within a month.