Table 7

TCE vs CII at different speeds – non-eco scrubber fitted Capesize

AER non 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)12.514.011.012.2
TCE (Non-Eco – Scrubber)$34,140$32,07034,579$34,267
Annual distance travelled64,67769,11259,79463,739
Annual fuel consumption (tons)9,17211,8566,9838,711
Attained CII gCO2/dwtmile2.452.972.022.36
Attained CII/Required CII1.081.300.891.04
Implied ratingDEBC

Source(s): Authors

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