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Article: COSCO CUT SHIP FUEL CONSUMPTION OVER 40% IN H1 08
- Article from:
- AsiaInfo Services
- Article date:
- August 4, 2008
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AsiaInfo Services
08-04-2008
COSCO Cut Ship Fuel Consumption Over 40% in H1 08
SHANGHAI, Aug 04, 2008 (SinoCast via COMTEX) -- China Ocean Shipping (Group) Company (COSCO), the country's largest ocean transportation operator, reduced its ship fuel consumption by over 40% during the first half of 2008, a response to the United Nation's basic principles and measures in reaction to the global climate changes.
The shipping company, which has been sticking to international pacts related to navigation safety and protection of the ocean environment, cut its per-unit fuel consumption by 41.45% from 8.01 kilograms per kiloton-nautical miles by 2003 to 4.69 kilograms per kiloton-nautical miles by H1 ...
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