One item in particular catches the eye of partner and CEO of SeaIntel, Lars Jensen, when he looks at the Maersk Line annual report. The fuel item, which for most carriers represents the single biggest expense related to operating the ships.
During 2013, Maersk Line managed to save USD 1.4 billion on fuel expenses, and a mere USD 600 million of this figure comes from lower fuel prices, according to the carrier.
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