Transpac shippers struggle to trust carriers now 'learning from their mistakes'
Ocean carriers attending the S&P Global TPM conference in Long Beach this week are owning ...
Over the past year, the average bunker adjustment factor levied by container shipping lines on shippers has fallen from around $680 per teu between Asia and North Europe to around $600. Good news for shippers perhaps, but it ought to have been better according to Drewry, which argues that the introduction of a whole slew of ultra-large container vessels represents significant fuel savings per box carried, as well as the increasing availability of cheaper Russian bunker fuel in its Pacific ports.
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