Shipping costs soar amid Covid disruption

In:

Transport

Region:

Middle East & Africa, Americas, Asia-Pacific, Europe

Global shipping costs have skyrocketed since Covid, new figures show. Until 2020, the cost of shipping a 40-foot container along the world’s major trade routes never exceeded $2,000. Once Covid hit, however, shipping firms reduced their fleets in expectation of low consumer demand - but demand...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

Corporate perspectives: Bembennek at thyssenkrupp sharpens decarbonisation focus

Interview

28 April 2025

Corporate perspectives: Bembennek at thyssenkrupp sharpens...

Daniel Bembennek, head of finance and guarantees, in the decarbonisation technologies sector at thyssenkrupp, argues that long term trends towards decarbonisation are...

Corporate perspectives: Export finance in an ‘It is what is’ world, with Wartsila’s Back

Interview

02 May 2025

Corporate perspectives: Export finance in an ‘It is what is’...

Andreas Back, senior manager, financial services, at Finnish energy and marine technology company, Wärtsilä, reflects on ECA-backed projects in the new global macro and...

Must See

Video

28 April 2025

Exiled: Veronika Koroleva, gunnercooke

Today’s Exile is Veronika Koroleva, Partner at gunnercooke. Veronika’s Exile celebrates the importance of mentorship and resilience, as well as embracing alternative working models to deal with problems that aren’t quite as unprecedented as we give them credit for.

Interview

28 April 2025

Corporate perspectives: Bembennek at thyssenkrupp sharpens decarbonisation focus

Daniel Bembennek, head of finance and guarantees, in the decarbonisation technologies sector at thyssenkrupp, argues that long term trends towards decarbonisation are unambiguous, and relentless, even amid geopolitical headwinds. However, ECA adaptability will remain key.

Interview

02 May 2025

Corporate perspectives: Export finance in an ‘It is what is’ world, with Wartsila’s Back

Andreas Back, senior manager, financial services, at Finnish energy and marine technology company, Wärtsilä, reflects on ECA-backed projects in the new global macro and political paradigm emerging from the US. He’s optimistic for his company, less so personally.