Shortage of Russian, Ukrainian crew could lead to 'dramatic' increase in shipping costs, insiders say

The shortage of crew will add to existing delays shippers are already experiencing as a result of port congestion and pandemic restrictions. ST PHOTO: LIM YAOHUI
New: Gift this subscriber-only story to your friends and family

SINGAPORE - Russia's invasion of Ukraine has led to a shortage of crewmen that will worsen existing supply chain disruptions and add to inflationary pressures in coming months, noted shipping executives.

They noted at the Asia Pacific Maritime conference in Singapore this week that the war is affecting a growing number of seafarers from both Russia and Ukraine.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.