Internal combustion engines and gensets and Ship propulsion

Energy flows from internal combustion engines and gensets to ship propulsion; their prices have moved together.

Internal combustion engines and gensets (energy) and Ship propulsion (energy): 2 relationships.

How they are linked

1. Energy flow

Physical flow · 11% of flow · Internal combustion engines and gensets → Ship propulsion

Large diesel engines drive most cargo ships.

• 11% of Internal combustion engines and gensets's energy goes this way

2. Price link: propulsion

Cost and price · Strong · Both ways

Most ships are driven by large diesel or dual-fuel engines, a big share of construction cost. Monthly moves correlate at 0.19 and yearly at 0.68 with the engine index, a shared US manufacturing cost trend.

• 0.19 monthly change correlation
• 0.68 12-month change correlation
• 1.15 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.