The ocean freight rates have risen three-fold in the last six months. The cost of freight from China is up 200 percent. G Shivakumar, Executive Director and CFO of GE Shipping shared his outlook on the situation. “The headlines are being hit more by the container sector but to a slightly lesser extent we have …

The post Rise in dry bulk freight rates highest in last 10 yrs; Covid protocols disrupting supply chains: GE Shipping first appeared on Hellenic Shipping News Worldwide. Source