The ocean shipping industry is aware that the current market is, for a lot of importers and exporters, profoundly upsetting. It’s no secret that there are a lot of problems right now. There are three main reasons why:
- ship operating costs have gone through the roof
- demand has surged
- port congestion has crushed supply
Ship operating costs: up
The cost of marine fuel has increased by about three...
https://www.shippingaustralia.com.au/supply-chain-crisis-is-a-port-congestion-crisis/