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Maritime transport: The great logistics breakdown is taking hold in ports around the world

27/01/2022
Categories: Sectors

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The logistics crisis will continue for several months, according to Philippe Chalmin, president of CyclOpe, the think tank on natural resources. In conclusion, maritime transport prices will remain at high levels at least until 2023, even if the health situation improves.

The construction of ships, the rationalization of port infrastructures and the relocation of certain activities could help to streamline the global supply chain. The explosion in maritime transport prices, sometimes multiplied by 4 or 5, is one of the factors driving up the supply costs of manufacturers. The situation should improve, but the return to normal will be very slow. The logistical disruptions have been particularly severe in China, the beating heart of world trade, due to the zero Covid policy of the communist authorities. Container freight rates soared 287% according to the Harpex index.

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