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Ship operations Somalia BIMCO

Rising bunker prices push up cost of avoiding piracy risk zones

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High bunker prices will see post-panamax containerships face nearly a fourfold year-on-year rise in costs this year as they seek to avoid piracy attacks by sailing around the Cape of Good Hope instead of transiting the Suez Canal

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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