At the end of the year, prices for shipping basic goods, from energy to bulk cargo, across the world's oceans are showing a rare increase. Conflicts, sanctions, and production inflation are disrupting global supply chains. This price surge is a notable phenomenon amid various geopolitical and economic factors affecting world trade.
Shipping Costs for Basic Goods Rise Unusually at Year-End
Shipping costs for basic goods are showing a rare increase across the world's oceans at year-end. Conflicts, sanctions, and production inflation are disrupting global supply chains and affecting world trade.