Maersk Line, the world’s largest container shipping company, won’t cut sailing speeds further to reduce fuel costs, even after oil prices jumped 15 percent this year, Chief Executive Officer Eivind Kolding said.[Read More]
Source: Bloomberg
Mar 12, 2011
Maersk Line Won't Cut Ship Speeds as Oil Costs Jump, CEO Says
Maersk Line, the world’s largest container shipping company, won’t cut sailing speeds further to reduce fuel costs, even after oil prices jumped 15 percent this year, Chief Executive Officer Eivind Kolding said.[Read More]
Source: Bloomberg
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