3 ms·
The bunker price is charged separately to customers. So low or high bunkers doesn't affect it that much. However, if a competitor is much more efficient with it
by bkor 10y ago
The bunker price is charged separately to customers. So low or high bunkers doesn't affect it that much. However, if a competitor is much more efficient with its bunkers you'd have a problem. At the moment, oil is cheap and there's no advantage of having efficient vessels. Hanjin doesn't even have efficient vessels. Their vessels aren't that big anymore, so they have a cost disadvantage vs the bigger companies.