Several of the world’s leading shipping companies announced before and during the festive period that they would pause sending their vessels through the area after a series of attacks.
That has resulted in warnings of extensive delays in global trade, and the suggestion that could lead to escalating prices across a number of industries.
Dr Karamperidis, Head of the Maritime Transport Research Group at the University, is a world-leading expert on the global shipping industry and logistics.
As the issue emerged, he was contacted by media about the many and varied impacts the situation could have on the maritime sector, logistics and the global economy more widely.
In particular, he has spoken about on the potential impact of the situation on global logistics, container availability and pricing, oil prices, and how any further escalation could impact both companies and consumers. He has also highlighted the importance of shipping and seafarers for global trade.
Stavros Karamperidis
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