The shipping industry could face an even worse labor crunch on Russia's invasion of Ukraine as about 15% of the world's seafarers come from the two countries.
If shipping companies have problems moving crew in and out of Ukraine, it could result in a manpower shortage, while Western sanctions could make it difficult to pay seafarers from both countries, reported industry publicationWith 90% of global trade transported on ships, supply chains could be disrupted, said the"To maintain this unfettered trade, seafarers must be able to join and disembark ships freely across the world," said the ICS in...
on Thursday. The chamber estimates that 10.5% of the world's 1.89 million seafarers are Russian, and another 4% of them are Ukrainian."The ability to pay seafarers also needs to be maintained via international banking systems," the ICS added.
And is that the only concern businessinsider has!!!! The whole world is trying to stand against the Dictatorship by at least supportive tweets- and all of your posts are still about business?!?! This does not make you professional you guys know it, right!?!?!
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