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The Global Shipping Crisis Is Not Over | Sal Mercogliano
Forward Guidance
The Cost of Shipping in the Global Container Freight Index
Ships are tremendously bigger, went from $5,000 to $20,000 TU. But the crews have gone down because of automation and elements where you needed a 35-person crew and now you need $25,000. Fuel has been the one thing that's really ticked up quite a bit. Again, we're seeing companies laying ships up,. just not sailing a vessel, what they call blank sailing.
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