Splash Extra

The world must accept shipping is getting more expensive

Splash Extra reports from the Marine Money gathering taking place in Singapore this week where panellists warned the general public that the cost to move cargoes will become more and more pricey in the coming years.

It was only in March last year that shipping truly came into the public consciousness. All of a sudden the world was full of shipping experts as mainstream media ran wall-to-wall coverage of the six-day grounding of the Ever Given. Since then, our industry has remained in the public eye thanks to the repeated headlines related to inflation, congestion and persistently high shipping costs.

The fact is, according to multiple panellists speaking at this week’s Marine Money conference in Singapo...

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