Journal
TRANSPORTATION RESEARCH PART D-TRANSPORT AND ENVIRONMENT
Volume 16, Issue 3, Pages 260-264Publisher
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.trd.2010.12.005
Keywords
CO2 emissions; Container shipping; Slow steaming; Oil bunker prices
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Slow steaming strategies have been implemented by most shipping lines and significantly reduce CO2 emissions from international shipping. This article measures the rate at which CO2 emissions have been reduced for various container trades and estimates the bunker break-even price at which this strategy is sustainable in the long run. It is found that shows such reductions can only be sustained given a bunker price of at least $350-$400 for the main container trades. (C) 2010 Elsevier Ltd. All rights reserved.
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