vimarsana.com

Latest Breaking News On - Spot market rates - Page 2 : vimarsana.com

Transcripts for BBCNEWS Talking Business 20240604 22:44:00

to an inventory overhang, so the sales to eventually ratios have been quite high. our customers are gradually burning through those inventories and we ll start their reordering cycles quite soon. and when that happens, some of the spot market rates will start to move up again. but the area that probably, you know, is the most important longer term is is that as and when we move longer term is that as and when we move to these green fuels, it will be unsustainable to be able to operate the ships at the same freight rates as we do today when the fuel costs are 200% to 300% more. so we will need to move the freight rates up in line with those higher fuel costs because of the green fuels. but i think if we do that in a transparent way and we do that in a clear way, customers will understand that and everybody can understand that the cost is more and we can be transparent and we could pass that on down through the supply chain to make sure that all the products that we buy in the future as

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.