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Transcripts for BBCNEWS World Business Report 20220303 05:48:00

but, nonetheless, the situation in the black sea is very worrying and, again, another problem is that 14.5 of the workforce is ukrainian and russian and we see shipping companies reluctant to engage russian crews because they do not know the effect of sanctions and this will have a knock on effect for the management of ships going forward. clearly there is also a cost implication as well as the supply chain slows and prices rise. give me an assessment of, you know, when and how we will feel this on the price of most goods shipped around the world. around the world. these things take their time around the world. these things take their time to around the world. these things take their time to work- around the world. these things take their time to work their i take their time to work their way through and we saw that during the covid crisis when the congestion imports, typically in america and elsewhere, itjust takes time to filter through the prices but undoubtedly this will happe

Problem
Situation
Shipping-companies
Workforce
Black-sea
14-5
Sanctions
Ships
Effect
Knock-on-effect
Crews
Supply-chain

Transcripts for BBCNEWS BBC News at One 20240604 11:29:00

silicon out while egyptian authorities try to get station. it sailed back to europe, i loaded a number of containers at rotterdam last week and in a couple of hours time we should see it sailing and more up in one of the births behind me. the stranding of the ever given happened at their worst possible time for the shipping industry, which was already suffering from covid. it led sorts of knock on delays from other vessels and congestion imports. that is what we re seeing in the shipping industry in general. shipping rates have gone up. importers cannot expect to pay £15,000 for a container, whereas this time last year they have been paying £2500. people are getting ingots for the christmas period. they are wondering whether to order the goods now and take losses or weight. if they order now the price increases will come to

Number
Sailing
Couple
Authorities
Containers
Silicon
Station
European
Births
One
Shipping-industry
Stranding

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