Shipping sanctions create cascading disruptions as charter market tightens
Fleet disruptions from sanctioned vessels compound existing capacity constraints, driving up costs across global supply chains.
The recent forced fleet reshuffle at Singapore-based container carrier SeaLead, which terminated charters of 16 vessels following fresh US sanctions, highlights a growing challenge facing the global shipping industry on how sanctions on individual vessels could create ripple effects that compound existing market pressures.
The post Shipping sanctions create cascading disruptions as charter market tightens appeared first on Container News.
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