Business
‘String of disasters’: China’s shipping delays set to widen trade chaos – Sydney Morning Herald
Still reeling from the pandemic and the Suez Canal blockage, an exhausted global shipping industry faces the biggest test of…
Drewry Shipping data released Thursday showed no let-up as container rates on several routes kept climbing, including an increase to $US11,196 ($14,821) for a 40-foot box to Rotterdam from Shanghai. Thats a nearly seven-fold increase from a year ago.
Ships…
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