DHL GFF reports that “2018 has seen a significant rise in the cost of fuel, which has squeezed margins for those carriers that were unprepared. In addition, IMO’s 2020 global sulphur cap of 0.5% on marine fuels to come into effect 1 Jan 2020, means further significant hikes in shipping rates. The good old days of enjoying cheap bunker fuel are definitely gone. Most large carriers have already adapted their …
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Source: The Loadstar
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