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“This is without doubt the single greatest disruption that the shipping market has seen on record, eclipsing the Covid pandemic and Russia sanctions,” said John Ollett, head of Europe freight pricing at Argus. The disruption has also spread to container shipping. Average spot rates for containers traveling from the Far East to the US East Coast have risen 234% from a year earlier, reaching $10,249 for a 40-foot container https://en.bd-pratidin.com/international/2026/08/17/68216 #ClimateChange #ecology #environment #climate