Subscribe to RSS feedBox carriers: slow steaming here to stay
by
Janet Porter, Los Angeles
—
last modified
Mar 15, 2010 10:11 AM
SLOW steaming is delivering cost savings for container lines beyond the obvious one of cheaper fuel bills.
That is convincing liner shipping bosses that reduced ship speeds are here to stay for the foreseeable future, despite a rally in freight rates that has accompanied the recent rebound in cargo volumes on some trades.
But super-slow steaming, when...
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