Market insights
The shipping and ship supply industries are still characterized by uncertain market conditions and volatility. The head winds of COVID 19, containers piling up in Shanghai port under lockdown restrictions, and the Russian invasion of Ukraine have a radical inflationary impact on commodity prices and general market conditions. Especially, the war in Ukraine has caused major supply disruptions and led to historically high prices for a number of commodities.
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.
