Disruptions caused by the coronavirus pandemic have driven shipping costs to record levels. Illustration: Perry Tse
Coronavirus: shipping rates to stay at ‘unprecedented’ levels until pandemic brought under control
- The coronavirus pandemic has driven shipping costs to record levels, with trade disruptions throwing global container flows into disarray
- Despite efforts to boost container production in China, some experts estimate shortages and port congestion could stretch on until early 2022
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Disruptions caused by the coronavirus pandemic have driven shipping costs to record levels. Illustration: Perry Tse