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What is Vessel Utilization?
Vessel utilization is the ratio of loaded containers to the total container slots available on a vessel. Increased vessel utilization reduces the need for repositioning empty containers. Repositioning accounts for roughly one fifth of global container movements.
Optimizing vessel utilization can reduce the overall greenhouse gas emissions. When we increase a vessel’s utilization, more containers are shipped on a single vessel and less vessel movements are required, which reduces the overall contribution of each container.
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