Pacific Basin Test Results SummaryPacific Basin, now a Biofriendly customer, has been monitoring the fuel usage of their fleet since October of 2008. In that time, monitored ships have shown an average improvement of 3% in fuel economy.
The following financial benefits analysis was calculated based upon that data, on their behalf.
|Fuel Savings Results|
|Statistic||Avg. Fuel/Mile Saving||Avg. Miles||Avg. Tons Used||Avg. Tons Saved|
|Per Ship/Per Day||0.002||348.89||22.366||0.65|
|Statistic||Fuel Price/Ton*||Gross Savings||Green Plus Cost||Net Savings|
|Per Ship/Per Day||$623.00||$402.88||$104.56||$364.86|
|Financial Savings Using Green Plus & Return on Investment|
|Statistic||Daily Savings||Monthly Savings||Yearly Savings||GP Yearly Cost||ROI|
*Fuel Price/Ton number from http://www.bunkerindex.com/prices/asia.php
It is noteworthy that the improvement in fuel efficiency and the cost benefit calculated above show an 859% Return on Investment and a savings to this Shipping company of over $130,000 per ship per year, and over $5.5 million per year for their 44 ship fleet.