Leaking Profits: 19 Fuel Losses Shipowners Can’t Afford to Ignore
Fuel is the single largest operating cost for most ships. It can take up half of a voyage’s expenses. Yet shipowners keep losing millions each year not because fuel is expensive, but because too...
Standard Fuel Management vs. Fuel Monitoring Systems (FMS)
In the maritime industry, fuel management is critical to operational efficiency and cost savings. As fuel prices continue to rise and environmental regulations become stricter, shipowners are increasingly exploring more advanced solutions to manage...
Top 10 Considerations When Upgrading a Ship’s Fuel Management System
Upgrading a ship’s fuel management system is a critical step toward enhancing efficiency, reducing operational costs, and meeting stringent environmental regulations. For ship and fleet owners, making informed decisions about this upgrade can significantly...