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SeaIntel: Cheap bunker could bring 20 pct more teu

The cheap bunker is now making the first container carriers contemplate the notion of increasing speeds and thus inserting more teu into their operations, says SeaIntel Consulting, estimating that a 20 percent increase in capacity could be the reality.

Hapag-Lloyd
Photo: Hapag-Lloyd

According to SeaIntel Consulting, the first container carriers are now beginning to ruminate on the notion of increasing speeds and thus shelving the unwritten and unspoken agreement of slow steaming, a factor that has otherwise represented good business for a long time in light of the high bunker price.

"We are now beginning to get information that some of the main east-west alliances will indeed contemplate a speed-up of some vessels, with a few services already having been shortened," says the normally well-informed analyst agency in its latest newsletter.

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