Reportedly, fresh produce is being led to containers 'afloat' and to increase potential transshipment, generating constraints in the Black sea region. The East European countries are seeing some meaningful price declines in retail, and the canceling of bookings might affect until demand balances back up again. The sanctions against Russia should be suppressed further in the upcoming days and offer no guarantees that cargoes already on the water will make it through St. Petersburg’s main gateway port. Odessa, Ukraine, is also out of operations due to the war. That is likely to leave thousands of containers onboard vessels and to enlarge the gridlock portion of Europe’s already congested marine terminals.
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