Guidance When Investigating Solutions News

LR: Flexible Ships Needed in Volatile Times

High or volatile oil prices and environmental concerns, point to the need for new designs capable of operating efficiently at different speeds. Lloyd’s Register warns that care needs to be taken when running at reduced power outputs. Most container ships trading today, and on order, were designed for a world of relatively low energy prices. With oil at recent high levels many owners have been implementing or considering slow steaming strategies. Slow steaming may also be seen at present as an answer to over-capacity.