Speed and Consumption
 Speed and Consumption

At Euronav a systematic approach towards monitoring the propulsion efficiency evaluating possible improvements in order to reduce the fuel oil consumption and hence the CO2 emissions is applied.

In 2009, Euronav joined along with other major actors of the shipping industry, a working group initiated by one of our major customers assisted by a weather routing company. The group works on a green charter party aiming to combine commercial and environmental benefits by reducing speed whenever necessary in order not only to reduce costs but also to minimise emission.