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T&E: The price sensitivity of efficiency in shipping

Summary by SAFETY4SEA

T&E commissioned CE Delft to study the relationship between fuel prices and technical and operational efficiency over 3 decades to find out to what extent shipping companies behave more efficiently. While the novel analysis on technical efficiency shows that shipping companies order slightly more efficient ships as a result of higher fuel prices (albeit with a time lag of around 6 years), the analysis found no clear relationship between higher …

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T&E: The price sensitivity of efficiency in shipping

T&E commissioned CE Delft to study the relationship between fuel prices and technical and operational efficiency over 3 decades to find out to what extent shipping companies behave more efficiently. While the novel analysis on technical efficiency shows that shipping companies order slightly more efficient ships as a result of higher fuel prices (albeit with a time lag of around 6 years), the analysis found no clear relationship between higher …

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SAFETY4SEA broke the news in 3 months ago on Friday, November 29, 2024.

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