Even super-slow steaming can't help the air freight business

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So shipping lines are now going more slowly than the 19th century tea clippers, as reported in The Loadstar last week. (Super slow steaming is 15 knots, while under sail, ships went at about 16 knots. Which adds an extra seven days to Asia Europe, taking it to up to 50 days.)

Of course in some ways, this makes sea freight even more competitive, in price terms, as the fuel savings are enormous. If you cut the speed by half, fuel ...