Bleak picture of financial exposure to major shippers from UK port congestion

Capt. John

The financial impact on the UK’s biggest shippers from the port congestion crippling the country’s container supply chains could amount to over £15bn ($19.7bn), according to new research.
Risk management firm Russell Group today released new analysis that shows the top 10 UK importers that use Southampton have a combined financial exposure to the congestion at the port of £3.88bn. The list is headed by BP, Shell and Tesco.
However, that figure …

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