It is understood that 80% of goods worldwide come from shipping, while the outbreak of Russian War is also an impact on the sea. After the explosion of the Russian conflict in Ukraine, the ship’s ship is soaring, from 10,000 US dollars on February 18 to $ 170,000 on February 25, although the price is stable, but according to experts to predict the Russian Warm War for shipping The impact will last for a year and a half.
In 2020, the supply chain problem caused by the influence of the epidemic, and some routes in Asia have doubled ten times, while Russian military conflicts have made this fragile supply chain snow. According to sources, the current shipping company has begun to take various additional expenses by war, with a $ 500 to $ 1,500 per container. In addition, the impact of the war, the insurance company no longer accepts the insured application for ship transportation in the conflict area.
It is understood that all shipping companies in the region of the conflict (such as Romania or Turkey) must undertake additional premium costs, around 25% to 30%. In addition, by the Russian conflict, fuel prices have risen, and fuel surcharge has increased by more than 10%; All factors have made the final shipping rate increase much higher, 30% or 40% higher than the official shipping costs.
The rise in shipping has also caused an exacerbation of inflation. It is said that the cost of transportation is 7.5% of the value of imported commodities. A study from the International Monetary Fund showed that the impact of Russian privileges caused the increase in shipping prices that the impact will reach the maximum a year and last for 18 months. Due to the increased latency effect of shipping cost, it is plagued in Europe or will last until 2023.