With the Covid pandemic came a slowdown followed by a spate of unprecedented layoffs in aviation. However, as capacity returns and a busy summer season looms, acute labour shortages and worker.
because of the sanctions and conditions in and around the trading environment, particularly things like insurance cover, banking cover. secondly, the sanctions came on very fast, in terms of what goods and products can be moved into those markets. many of our customers stopped booking. we had to suspend pretty quickly back in february, march, also our russian business. just briefly, russian and ukrainian workers make up a lot of seafarers? that is a very good point. often when these things happen there as many unintended consequences that come out later. and while overall cargo volumes may be only one or 2% globally ukraine and russia, as you rightfullly point out, 15% of all global seafarers on the 60,000 ships around the globe trading are from ukraine or russia, and that provides a significant
of course, very significant in terms of the citizens and businesses in russia and ukraine. we had to move very quickly for two reasons. one, first of all, operationally we were having difficulty moving our ships into russian waters, because of the sanctions and conditions in and around the trading environment, particularly things like insurance cover, banking cover. secondly, the sanctions came on very fast, in terms of what goods and products can be moved into those markets. many of our customers stopped booking. we had to suspend pretty quickly back in february, march, also our russian business. just briefly, russian and ukrainian workers make up a lot of seafarers? that is a very good point. often when these things happen there as many unintended consequences that come out later. while overall cargo volumes may
volumes may be only one or 2% below the level, russia, 15% of all global seafarers on the 60,000 ships around the globe trading are from ukraine or russia, and that provides a significant issue as well. we have to work intelligently to find other crew members during this temporary situation, or maybe longer, as we can see, as things are developing at the moment. and make sure we have the moment. and make sure we have the cruise on board to keep the ships, the supply chain, are moving. when will this normalise? if we factor in design planning around the average container taking 50 days. if it is taking 100 days we will run short of containers. and the courts that are normally used to ships arriving on schedule on monday and immediately being served, 2a hours