Mar. 13 at 1:43 AM
$GVH
Shipping companies have raised container insurance premiums by up to
$4,000.
This represents an increase of between
$1,500 and
$4,000 per container.
Prices for shipping containers transported by sea between Gulf countries have also increased by between
$1,000 and
$2,000 per container, under the guise of "war risks."
These inflationary costs will ultimately be passed on to the end consumer.