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Shipping disruption due to European migration crisis cost U.K. $1 bn

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A report by BSI Supply Chain Solutions found that shipping disruption due to the European migration crisis has cost the United Kingdom $1 billion, reported Supply & Demand Chain Executive.

BSI warned that costs to international shippers will continue to increase as the number of people displaced by war across Africa and the Middle East grows 50% year on year.

The report found that shipping firms have been hardest hit by border closures in Serbia, Croatia, southern Germany and Hungary.

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