Will lower oil prices make carriers ditch slow-steaming?
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The massive decline in the crude oil price is in some ways good news for carriers, who will at least be able to save money on their biggest expense - bunker. The question the becomes whether the lower oil prices will make carriers speed up their container ships again, thus ditching slow-steaming, which has otherwise been a good tool in a time with low rates and far too many ships, says analysts Drewry in a new analysis.
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