Singapore logistics firms say costs could rise up to 50% due to war on Iran
02:52 Min
Logistics firms in Singapore say their costs could rise up to 50%, with cargo bound for the Middle East at a complete standstill. Fuel prices have risen since the war began and shippers are imposing surcharges for taking on risk. Major liners have also suspended routes to and from the affected region. Nasyrah Rohim reports.
06 Mar 2026 11:26pm
Logistics firms in Singapore say their costs could rise up to 50%, with cargo bound for the Middle East at a complete standstill. Fuel prices have risen since the war began and shippers are imposing surcharges for taking on risk. Major liners have also suspended routes to and from the affected region. Nasyrah Rohim reports.
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