Table 6

TCE vs CII at different speeds – noneco scrubber fitted Capesize

AER non eco scrubber Capesize (HSFO @$680/ton - C5@$13.3/ton)Baltic speed (eco)Baltic speed (max)Optimal TCE speedMin CII required (C rating)
Speed (knots)12.514.012.012.2
TCE (Non Eco – Scrubber)$39,243$37,59639,350$39,296
Annual distance travelled64,67769,11263,10363,739
Annual fuel consumption (tons)9,17211,8568,4188,711
Attained CII gCO2/dwtmile2.452.972.312.36
Attained CII/Required CII1.081.301.011.04
Implied ratingDECC

Source(s): Authors

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