The price of ship fuel was flirting with a new record even before Russia invaded Ukraine. Then war broke out, and the highs of the past were left far behind. Ship fuel costs have “gone parabolic,” said Braemar ACM Shipbroking. To the extent the fuel cost increase is passed along to the shippers of containerized …
The post Russian invasion propels price of ship fuel to historic high first appeared on Hellenic Shipping News Worldwide.