DP World says the disruption of the global supply chain will not end any time soon because of the shortage of shipping containers, congestion at ports, and skyrocketing freight rates.
And therefore the disruption affecting global trade will continue for “a long time”, according to the head of the chief of DP World.
Sultan Ahmen said bottlenecks are being caused by pandemic-related restrictions and the rapid recovery of global demand, as reported by the media.
The statements were made at a conference in Dubai, where Ahmen said: “No one knows how long it will take, and I think it will take a long time.”
“The problem is complicated because you have a backlog of shipments,” he added.