Table 4

TCE vs CII at different speeds (Eco Capesize fitted with scrubber) – C5 adjusted

AER eco scrubber Capesize (HSFO @$680/ton - C5@$12.3/ton)Baltic speed (eco)Baltic speed (max)Optimal TCE speedMin CII required (C rating)
Speed (knots)12.514.013.013.5
TCE (Eco-Scrubber)$37,753$37,58037,812$37,800
Annual distance travelled64,67769,11266,20267,680
Annual fuel consumption (tons)7,6379,5468,6069,048
Attained CII gCO2/dwtmile2.042.392.252.31
Attained CII/Required CII0.901.050.991.02
Implied ratingBCCC

Source(s): Authors

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