The likelihood of significantly increased fuel costs has carriers girding themselves for an existential moment — one where the consequence of a failure to recoup the additional costs could be severe. Their view was summed up earlier this year by MOL President Junichiro Ikeda, who told the Financial Times, “We’re all going to go bust” if carriers can’t recover the added costs from customers.
Peter Tirschwell
Peter Tirschwell, IHS Maritime & Trade senior content officer, is a prominent thought-leader in maritime transportation with more than 20 years as journalist and business leader at The Journal of Commerce.
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The Port of New York and New Jersey will face multiple-port competition for discretionary cargo in the decade ahead and with the head of the seaport departing, that intensifying competition calls out...
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Oct 16, 2018 2:00PM EDT
