Market insights
The shipping and ship supply industries are characterized by uncertain market conditions and volatility in line with most industries in the world market. The head winds of COVID-19 and the Russian invasion of Ukraine have a radical inflationary impact on commodity prices and general market conditions.
This market and business update intends to give you an overview of expected price increases within the most important commodities, freight rates, supply chain challenges, and the additional effects of labor shortages, increased lead times, and delays in major ports.
