Coastal shipping companies raise fares by 6.0 pct

Some of the largest coastal shipping companies in Greece announced a 6.0 pct increase their fares valid from Wednesday, 8 January, in a move aimed to deal with an increased -up to 25 pct- cost of new maritime fuel following the introduction of a new IMO regulation from January 1, 2020.

The price per ton of the new fuel was around 575 euros in the last few days, sharply up from 450 euros in December 31, 2019.