The price of ship fuel is now down to around half the post-Ukraine-invasion peak. Second-quarter fuel surcharges for containerized cargo shippers promise more savings ahead.
That’s the good news. The bad news is that if shipping ultimately switches from fuel oil to LNG or methanol as part of the energy transition, future fuel costs will likely skyrocket back to levels seen after the invasion — or higher.
The common refrain from vessel owners and operators is that cargo shippers will ultimately...
https://www.freightwaves.com/news/ship-fuel-cost-down-from-war-peak-but-green-fallout-looms