Diving Diesel Prices and Sinking Carrier Capacity

01 Jan 2009

In the short term, any company that is still shipping should be in the driver’s seat on prices.
Source: Supply & Demand Chain Executive

The spike and subsequent plunge in diesel prices over the last six months turned out to be only a tease. The effects of a
global credit freeze, a stock market free-fall and unsure steps from government to turn things around have created a shipping environment unlike anything we have seen in decades.

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