Container

Ukraine invasion could increase costs in container shipping by USD 7bn a year

Rising oil prices tied to Russia’s invasion of Ukraine could send container transport costs skywards, writes Sea-Intelligence, adding that if bunker prices hold, yearly costs could increase by USD 7bn.
Photo: PR / Hamburg Süd
Photo: PR / Hamburg Süd
by ASTRID STURLASON

The marked surge in fuel prices prompted by the conflict in Ukraine could send the total cost of container freight soaring.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs