Trade reviews rising shipping costs
The Commercial Control and Consumer Protection Department at the Ministry of Commerce and Industry confirmed that regional developments, such as the impact on navigation in the Strait of Hormuz, have led to increased shipping and supply costs to Kuwait. Officials pointed to a rise in container costs and logistics services, emphasizing that shipping companies are using alternative routes and ports to ensure continuity of supply, aiming to minimize the impact of these increases on commodity prices and the stability of the local market. The ministry will study solutions and alternatives to mitigate the effects of rising costs and to protect consumers.
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