Pacific Basin CEO hopes for higher bunker prices
A higher bunker price would make ships sail slower. This could help reduce overcapacity in the dry bulk market, Pacific Basin CEO Mats Berglund tells ShippingWatch. He therefore hopes for a higher oil price in 2017.
![Photo: Pacific Basin](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article9420532.ece/ALTERNATES/schema-16_9/pacificbasin.jpg)
One seldom hears a CEO cheering that a company's costs are rising.
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