Why are the container sea-freight rates not reducing?

January 7th, 2015 | Posted by Michael Hermens

In the last few years we have seen (too) many freight increases basically by all sea-liners quoting “increased fuel cost” as main reason. However crude oil prices have plunged almost 55% to below USD50/barrel so why are all liners not reducing their sea-freight? Seems an unfair situation to me.Crude oil price chart 2015

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