The Russia Ukraine War Could Have Dire Impacts On Global Supply Chains

 

 

 

Feb 24, 2022,11:08am EST|5446 views
 
 

KYIV, UKRAINE -

JANUARY 22: Civilian participants in a Kyiv Territorial Defence unit train on a ... [+]

 GETTY IMAGES

After months of troop buildups, attempted blackmail by Russian President Vladimir Putin to get policy concessions, failed diplomacy, and Russian lies about their peaceful intentions, Russia’s invasion of Ukraine began early Thursday morning. Russia has massed some 150,000 troops along Ukraine's borders, according to US estimates based on satellite imagery. Ukraine does not have the military might to stop the invasion.

 

Their are diverse ways this conflict could impact global supply chains.

Rising Transportation Costs

On Monday, Putin recognized the independence of two separatist regions in eastern Ukraine. Germany responded by halting certification of the Nord Stream 2 gas pipeline. Nord Stream

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2021: a year of Covid variants and milking the freight rate cash cow

 

 

 

THE LOADSTAR

 
 
The Ever Given © Björn Wylezich

Starting the year in lockdown and ending the year in lockdown, it all seems like a scene from the Bill Murray classic film Groundhog Day, but in between we did manage some valuable face-to-face networking. So here’s hoping we can finally kick this nasty virus into touch

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Drewry’s composite World Container index

World Container Index - 04 Nov

Drewry’s composite World Container index decreased 4.9% to $9,195.41 per 40ft container this week.

World Container Index

Our detailed assessment for Thursday, 4 November 2021

  • The composite index decreased 4.9% this week, but remains 252% higher than a year ago.

  • The average composite index of the WCI, assessed by Drewry for year-to-date, is $7,293 per 40ft container, which is $4,701 higher than the five-year average of $2,592 per 40ft container.

  • Drewry’s World Container index composite index decreased 5% and reached $9,195.41 per 40ft container, but is 252% higher than the same week in 2020. Freight rates on Transpacific Eastbound lanes, Shanghai – Los Angeles dropped 10% or $1,119 to reach $9,857 and Shanghai – New York fell 7% or

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Supply Chain Experts Say Buckle Up For Another Bumpy Yea

22 de diciembre de 2021 13:00 CET
 
https://www.bloomberg.com/news/newsletters/2021-12-22
/supply-chain-latest-experts-say-buckle-up-for-another-bumpy-year

These 3 charts show how international trade works - and the current state it’s in

 

 

 

 

How have trade patterns changed recently?
Image: UNSPLASH/Maksym Kaharlytskyi
  • International trade is the lifeblood of the world economy, but is subject to constant change from economic, political and environmental forces.
  • Emerging economies have seen their share of total global trade rocket in recent years.
  • China, for instance, is now responsible for 15% of all world exports.
  • Unfinished goods, components and services account for 70% of all trade.
  • While trade in services accounts for two-thirds of global GDP, COVID-19 has had

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