KUCHING: Rising bunker fuel prices are hurting shipping companies already hit by prolonged weak charter rates.
According to Shin Yang Shipping Corporation Bhd (Syscorp) group financial controller Richard Ling, bunker diesel price had surged to more than US$100 per barrel from between US$90 and US$95 per barrel in the first half of last year.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
