BIMCO has joined the Blue Visby Consortium to support research into practical solutions that help reduce the industry’s greenhouse gas (GHG) emissions. The Blue Visby Consortium works to reduce greenhouse gas emissions from ships by about 15% through a multilateral platform named the Blue Visby Solution which optimizes ships’ arrival times at their destinations by eradicating the practice of “Sail Fast then Wait”. The solution applies an algorithm to arrival times of groups of ships heading for the same destination, to give an optimal target arrival time for each ship while maintaining the scheduled arrival order. This is done by analyzing a number of parameters, including the performance of each ship together with conditions such as weather and congestion at the destination.
