Maersk Line eyes new bunker cost strategy

Tackling fuel price volatility is key to restoring profit for Danish line

Janet Porter - Thursday 10 January 2008

MAERSK Line is preparing to unveil a fresh approach to a problem that both ocean carriers and their customers are struggling to cope with — wildly fluctuating fuel prices.

Chief executive Eivind Kolding disclosed that plans are in the pipeline when he unveiled the Danish line’s StreamLINE strategy, aimed at cutting costs and restoring...

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