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War in Ukraine Disrupts Ships Around the Globe
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wsj.comThe Russian invasion of Ukraine is causing major disruptions for the global shipping industry, with hundreds of vessels trapped at ports, cargo being derailed and freight rates surging.
The cargo ship Mustafa Necati was ready last week to set sail from a port near Odessa, Ukraine, with sunflower seed oil bound for Sardinia. After Russia invaded, “the Ukrainian port authorities told the crew to stop,” said Bulent Dandin, a director of the ship’s Istanbul manager Statu Gemi Kiralama. “Now it’s blocked.”
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