News / Shippers must pay more to end slow steaming, says MOL

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A senior G6 alliance executive has admitted there is likely to be no let up to slow steaming, and that shippers will need to dig into to their pockets if they want faster deep sea transit times.

Speaking at yesterday’s third intermodal port conference in Nottingham, MOL’s European managing director Adrian Jones told delegates that the continuing losses suffered by carriers meant there would be no reduction in the use of slow steaming to save on costs.

He said that the way ...