CargoWise ERP Glossary - Key Terms & FAQs

Our CargoWise ERP Glossary Terms provide clear, concise definitions of key terms used in CargoWise, helping users navigate the system with confidence. Along with these definitions, we've included in-depth FAQs to clarify complex concepts, ensuring you get the most out of your CargoWise solutions.

Knot Speed Measurement

Last updated: July 23, 2025
Logistics CargoWise
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Knot Speed Measurement is a defined metric used in marine logistics to quantify a vessel’s speed, with one knot equivalent to one nautical mile per hour (1.852 kilometers or 1.1508 miles per hour). This parameter is critical for determining voyage lengths, optimizing shipping routes, and maintaining fuel efficiency. Because nautical miles take into account the curvature of the Earth, knots provide a more accurate picture of marine travel distance and time than land-based measurements like kilometers or miles per hour.

In global freight operations and platforms such as CargoWise, knots are extensively employed in maritime freight timetables, tracking systems, and transit time calculations. Shippers use knot speed data to calculate expected time of arrival (ETA), analyze variances, and manage vessel performance. Faster knot speeds may shorten travel times but increase fuel consumption, whereas slower speeds—also known as slow steaming—are frequently employed to lessen environmental effects and operating expenses. Knot speed is thus an operational and environmental key performance indicator in maritime logistics.

Frequently Asked Questions

Why are vessel speeds recorded in knots rather than mph or km/h?

Knots are based on nautical miles, which represent the curvature of the Earth, making them suitable for navigation and journey planning across oceans and seas.

How do knot speeds impact shipping operations?

Knot speed dictates how long it takes a vessel to reach its destination, which affects delivery timetables, fuel costs, and overall shipping efficiency.

Is knot speed measured in CargoWise systems?

Yes, CargoWise incorporates knot speed into journey planning, ETA calculations, and carrier tracking to ensure precise scheduling.

Can slower knot speeds cut shipping costs?

Absolutely. Slow steaming involves using lower knot rates to save fuel and reduce pollutants, which is both cost-effective and environmentally responsible.

Does knot speed affect transit time estimates for goods customers?

Yes, the vessel's speed in knots has a direct impact on how rapidly cargo moves between ports, affecting the accuracy of delivery responsibilities and customer satisfaction.