Shipping disruptions drive quadruple increase in prices, risking global supply chains: Swiss Re
Reinsurance News - Feb 09, 2024
Recent attacks on ships in the Red Sea and a drought plaguing the Panama Canal area have wreaked havoc on global shipping, leading to a more than quadruple increase in prices since late 2023, according to a report by Swiss Re. The report highlights that these disruptions have severely impacted suppl...
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