News / Bleak picture of financial exposure to major shippers from UK port congestion

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The financial impact on the UK’s biggest shippers from the port congestion crippling the country’s container supply chains could amount to over £15bn ($19.7bn), according to new research.

Risk management firm Russell Group today released new analysis that shows the top 10 UK importers that use Southampton have a combined financial exposure to the congestion at the port of £3.88bn. The list is headed by BP, Shell and Tesco.

However, that figure is dwarfed by UK exports though the south coast gateway, ...