Container customers benefit the most from low oil price
Customers, more than carriers, reap the biggest benefits from the low oil price, though carriers can achieve significant savings on the major container ships operating between Asia and North Europe, says Drewry.
BY OLE ANDERSEN
Even though the low oil price brings reduced fuel costs for carriers, customers stand to reap the biggest rewards. Meanwhile, carriers are having increasing difficulties negotiating their general and frequent rate increases through shippers, who expect carriers to pass a majority of the fuel cost savings on to customers.
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