John Mason +44 (0)151 449 3938 International House 35 Wilson Road Huyton Business Park $$$

Shipping

FIDI issues warning on global energy prices

FIDI (International Federation of International Movers) has written to its Affiliates around the world to update them on the significant rise in the cost of energy, and the impact on the international moving industry.

In the open letter to its membership issued on June 20, 2022, FIDI Secretary-General Jesse van Sas said the World Bank expected energy prices to rise 50 per cent this year compared to 2021, with diesel, oil and coal among the commodities which will see substantial rises.

He added that, while forecasts then point to prices falling in 2023 and 2024, they are expected to stay higher than average. The ongoing war in Ukraine has added complexity and could add volatility and further inflationary pressure on prices, he said.

FIDI also issued an infographic which highlights that after initial uplifts last year, fuel prices have risen sharply during the early months of 2022 – and they are expected to continue to rise further still. This includes unparalleled growth in the cost of diesel, an 80 per cent rise in coal, and a doubling in the price of natural gas. The price of shipping fuels has risen to record levels, with very low sulphur fuel oil (VLSFO) now above US$1,000 a tonne; while jet fuel is up 82 per cent on last year.

Van Sas asked Affiliates to keep their supply chains informed of the pressures and said FIDI would continue to monitor the situation and update its membership.

You can read and download the full letter here: 20220620_FIDI_letter_energy_price_crisis_FINAL
FIDI’s energy price infographic can be downloaded here: FIDI Focus Energy price infographic 2022
A full dataset for this infographic can be downloaded here: FIDI Focus Energy price infographic TABLE 2022

Leave a Reply

Your email address will not be published. Required fields are marked *

New Zealand

The Ultimate Guide to Moving to New Zealand

12 August 2022

Australia

John Mason International Featured on BBC One’s ‘Wanted Down Under’

9 February 2021

New Zealand

An Introduction To Early Years Education In New Zealand

22 November 2022

New Zealand

North or South? Where To Move In New Zealand

15 November 2022

New Zealand

The Best Visa Options For New Zealand

8 November 2022

New Zealand

Being Self-Employed In New Zealand

2 November 2022

International Removals

Great Ways To Keep In Touch When You Move Abroad – Family Edition

26 October 2022

New Zealand

Cost of living in New Zealand

21 October 2022

Our Credentials

As one of the leading providers of overseas removals services on a national and international scale, we pride ourselves on providing a professional and friendly service from ourhighly trained and competent team. We have been recognised as one of the leading international moving companies by the networks below and we are, therefore, proud of our credentials and the quality standard they represent.

Some of our Customer Reviews

If anyone asks me to recommend a removal company, you and your team are absolutely first on my list. You guys have been super helpful plus, all the way from initial contact to the end and so approachable.

Surrey, UK to Sydney, Australia - December 2020

We have been so impressed with the care taken and the quality of packing, and also realise perhaps how lucky we have been to instigate the move when we did, and then to ask John Mason to do it for us.

D.P. Leeds, UK to Perth, Australia – November 2020

Absolutely one of the best movers I have worked with. Pleasant helpful admin staff and the delivery drivers were absolute angels sorting and moving the boxes where I asked them to. Arrived exactly when they said it would.

Selby, UK to Sydney, Australia - September 2020

Read more independent reviews about us on TrustPilot