Container rates could rise by $450/TEU for zero-emission shipping: UMAS
December 8, 2023 Comments Off
Container lines may need to hike freight rates by up to $450/TEU in deepsea trade to cover additional expenses arising from decarbonizing their maritime operations with low-carbon fuels, according to a study by consultancy UMAS published Dec. 7. With pressure from regulators and some eco-conscious customers, a growing number of shipping companies have been seeking to switch to alternatives to…
Container rates could rise by $450/TEU for zero-emission shipping: UMAS
Container lines may need to hike freight rates by up to $450/TEU in deepsea trade to cover additional expenses arising from decarbonizing their maritime operations with low-carbon fuels, according to a study by consultancy UMAS published Dec. 7. With pressure from regulators and some eco-conscious customers, a growing number of shipping companies have been seeking to switch to alternatives to…
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