TITLE

Jump in bunker prices will key slow steaming and alter deployments

AUTHOR(S)
Richardson, Paul
PUB. DATE
September 2012
SOURCE
American Journal of Transportation;9/24/2012, Issue 540, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article looks at the increase in prices of oil and the subsequent slow steaming moves and alteration of deployments in major trade lanes. It cites the decision of Evergreen to add a seventh vessel to the Transpacific Southwest Service on the Asia/U.S. West Coast trade and notes the impact of the European market downturn and rising fuel prices on the Asia/Europe trades. Services covering the trades in South America, North Europe, Mediterranean, and U.S. East Coast are also highlighted.
ACCESSION #
83528162

 

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