Shipping companies hold ships back to raise prices

Whether gas, wood, clothes or the semiconductors that are so important for cars and electronic devices: there is currently an unprecedented shortage of goods worldwide. The reasons are the massive increase in demand after the pandemic and the interrupted supply chains on land and sea.

European transport associations are taking the shipping companies to court. They accuse them of taking advantage of the emergency situation and deliberately holding back their ships in order to drive up transport prices even further. Kaspar Engeli (57), Director of Commerce Switzerland, told Blick about the shipping companies: “Some have a price policy like Opec used to do with oil. They play tactical games. “

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