Sanctions-busting forwarder jailed, while Europe 'ramps up the pressure'
An Israeli forwarder has been handed a two-year jail stretch for breaching US sanctions on ...
The International Chamber of Shipping (ICS) has warned that the Russian invasion of Ukraine, and subsequent sanctions, is leading to a shortage of seafarers, causing major blockages to supply chains.
Some 10.5% of seafarers are Russian, 71,652 officers and 126,471 ratings, and many of these work in container shipping.
Ukranian seafarers make up 4% of the workforce, 47,058 officers and 29,383 ratings.
Thanks to the knock-on effect of vessels being turned away from ports – at a time when supply chains are already ...
European port congestion now at five-to-six days, and getting worse
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