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Full steam ahead: cheaper fuel may not help shipping industry

Supertankers in particular are increasing their speed on empty return voyages between Asia and the Middle East, accelerating from 10 to 13 knots, shipping industry people say.


A SLIDE in marine fuel prices to six-year lows should be a welcome break for global shipping - by slashing costs for an industry struggling to recover from its worst downturn in decades.

But shipping operators say the benefits on some routes risk being short lived as...

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