Shortage of Russian, Ukrainian crew could lead to ‘dramatic’ increase in shipping costs, insiders say

2022-03-17

March 17, 2022 8:37 PM

SINGAPORE – Russia’s invasion of Ukraine has led to a shortage of crewmen that will worsen existing supply chain disruptions and add to inflationary pressures in coming months, noted shipping executives.

Source : https://www.straitstimes.com/business/economy/shortage-of-russian-ukrainian-crew-could-lead-to-dramatic-increase-in-shipping-costs-insiders-say

Floods: Bomba, police rescue 18 victims in Renggam

Quick-thinking neighbours rescue 99-year-old, daughter from house fire

Shortage of Russian, Ukrainian crew could lead to ‘dramatic’ increase in shipping costs, insiders say

Latest Articles

Singapore factory activity expands though Iran war continues to inflate costs, disrupt supply

Man arrested over murder of ex-girlfriend and her mother

Japan, Vietnam seek deeper partnership with energy and minerals push

Travel rush underway at start of 5-day stretch in Golden Week holidays

Trump says U.S. Navy acting ‘like pirates’ to carry out naval blockade of Iranian ports

Leeds beats Burnley to virtually secure Premier League survival