Yes, the increased bunker demand was what I was getting at, as that is a potential macro-economic factor larger than the shipping impact, imho...although both could put a floor under goods inflation.
Like other commentators, you focus on the extended voyage times, and what some call a 'one-off' inflation effect through delay. longer voyages will cost more as the days afloat increase - but what about the fuel consumed in the journey?
Yes, the increased bunker demand was what I was getting at, as that is a potential macro-economic factor larger than the shipping impact, imho...although both could put a floor under goods inflation.
Like other commentators, you focus on the extended voyage times, and what some call a 'one-off' inflation effect through delay. longer voyages will cost more as the days afloat increase - but what about the fuel consumed in the journey?
this is bound to increase also.