Bunker surcharges resurface – 'justified by oil price spike', say carriers

As oil prices spike to multi-year highs of $80 a barrel, ocean carriers are preparing to dust off their bunker surcharge mechanisms to mitigate the impact. Although several carriers, including CMA ...

CMA CGM Hapag-Lloyd Oil price volatility ZIM Integrated Shipping Services

Oct 5, 2021• Comments•

Oil price volatility Headlines

News / Threat of rising oil price adds to frustration for crisis-hit supply chain chiefs

New warnings from the World Bank of surging oil prices, adding to the continuing instability ...

Drewry fuel price rise Iran MSC oil and gas Oil price volatility Oman Red Sea Crisis Strait of Hormuz Surcharge UAE World Bank

Apr 26, 2024• Comments•

News / Oil price volatility thrusts airline hedging strategies into the spotlight

Shippers are facing more increases in airfreight costs as the surge in oil prices lifts ...

Air France-KLM Cargo Cathay Pacific Cargo DHL Global Forwarding IAG Oil price volatility OPEC

Jul 23, 2021• Comments•

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