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Tag Archives: Fuel Pricing

Container Lines Raising Rates to Offload Clean Fuel Cost

Container ship docked at port being refueled by a bunker ship along side it.

Bloomberg, January 22, 2020 By Kyunghee Park (Bloomberg) –Container-shipping companies, some of the biggest polluters of the world’s oceans, are managing to pass higher costs onto customers after switching to more expensive fuel to meet new environmental regulations that came into effect this year. Shipping rates on major routes have jumped 31% since the end of November, helping to dismiss …

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