Container

High fuel prices may increase shippers' financial headache

Strongly increasing prices on fuel can underpin container carriers as newbuilds are otherwise likely to generate over-capacity on the market from 2023, estimates analyst Lars Jensen. Slowsteaming can save fuel and absorb future available capacity.
Photo: Axel Heimken/AP/Ritzau Scanpix
Photo: Axel Heimken/AP/Ritzau Scanpix
by JENS THOMSEN

As if sky-high freight rates weren’t enough, the world’s shippers now risk paying extra for the container vessels’ fuel, which is hit by significant price increases, writes shipping analyst Lars Jensen, CEO at Vespucci Maritime, on LinkedIn.

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