UNCTAD report: War in Ukraine pushes up shipping costs worldwide

The war in Ukraine has caused serious challenges to the trade and logistics of Ukraine and the Black Sea region, according to a new report of the UN Conference on Trade and Development (UNCTAD), which noted that the search for alternate trade routes for Ukrainian goods has increased the demands on land and maritime transport infrastructure and services.

The war situation has increased global vessel demand and the cost of shipping around the world, according to the report, while grains are of...

https://container-news.com/unctad-report-war-in-ukraine-pushes-up-shipping-costs-worldwide/

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