https://www.universalcargo.com/are-ocean-carriers-in-trouble/ Freight Forwarding Company Fri, 15 Jun 2018 17:00:06 +0000 hourly 1 https://wordpress.org/?v=5.9.9 https://www.universalcargo.com/are-ocean-carriers-in-trouble/#comment-178844 Fri, 15 Jun 2018 17:00:06 +0000 https://www.universalcargo.com/?p=9024#comment-178844 The MOL CEO comments will come true if he and counterparts don’t change bad habits. Trying to fill ships and chase market share
is not a formula for profitability, yet they have done it- for decades. Recent Alphaliner report says that freight rates adjust for inflation
have decreased 50% over last 20 years? Recent drama on fuel very revealing; price has been going up for 18 months and just now the carriers
decide to implement a surcharge – all while exempting about 50 to 60% the cargo through service contract clauses. So look in the mirror and
see who the problem is.

]]>