However well-intentioned, early investment in shipping biofuels may be misguided, according to the latest study by consultancy UMAS.
Released today, Cost of Zero Emissions Container Freight Shipping: a study on selected deepsea and shortsea routes, gives headline figures of a 17-50% increase in rates per teu for Shanghai to LA, prompted by an increase in ship operating costs of $90-450/teu.
Also, a 9-17% increase for a 4,000 teu feeder service along the …
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