More shipper pain on the way as carriers levy new peak season surcharges
Ocean carriers have continued their flurry of surcharge and rate increase announcements, which “continue to ...
Photo: Chimbusco Pan-Nation Petrochemical
By Alison Koo
Despite the continued closure of the Strait of Hormuz, shortage of bunker fuel for containerships is not as severe as initially feared.
The waterway is a transit point for 20% of the world’s fuel supply and the restriction on tanker traffic is holding up deliveries of ...
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