Diesel prices have fallen 9% since October
Dec 8th, 2014
Oil prices have fallen another 2% this morning to a 5-year low. The diesel prices have fallen 9% since October. Normally this would translate to about 3% off the price of freight. Although ferry rates will be going up by €17 one-way in January due to EU sulphur emission regulations, we'll have to take into consideration the new oil prices. We won't be putting up prices in the new year because the recent fall in fuel prices offsets the increase in ferry rates. If diesel continues to fall then we may put our rates down to pass the benefit through to our customers.