The global shipping industry has already taken a big hit from COVID-19, highly volatile fuel prices, and the ongoing geopolitical crises. Consumers the world over will be bearing the brunt of it. About 140 ships with over 1,000 crew are stuck in the Black Sea, as those ports have suspended operations after the Russia-Ukraine crisis …
The post Global shipping industry has no option but pass on fast rising costs, says top Maersk official first appeared on Hellenic Shipping News Worldwide.
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