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Container Line Executives Uneasy as Profits are Consumed by Rising Fuel Costs

bunker vessel in portBy Mike Wackett (The Loadstar) – Container spot rates from Asia to Europe and from Asia to the US west coast are around 30% lower than 12 months ago, while Fuel Costs have jumped over 20%. Most carriers claim it is “too early to say” at what level rates will settle, or begin to recover, but […]

The post Container Line Executives Uneasy as Profits are Consumed by Rising Fuel Costs appeared first on gCaptain.



This post first appeared on GCaptain - Maritime News, please read the originial post: here

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Container Line Executives Uneasy as Profits are Consumed by Rising Fuel Costs

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