Majority of the world trade relies on sea freight. Before the pandemic, the shipping companies were not very profitable and did not invest in new equipment, vessels or capacity.
However, once the demand has increased during the pandemic, they were totally unprepared and the freight charges have increased massively. Currently importing 1x20ft container from China to UK is more than 10,000 USD whereas it used to be 1,000 USD before the pandemic.
On top of all these problems, there are issues in the UK side. As you probably know, lack of drivers is causing considerable issues for the movement of goods within the country.
As both an importer and manufacturer, we are not immune to these problems. The lead times have become much longer than before, the costs have increased considerably.
However, we are constantly monitoring the situation and in contact with our overseas suppliers, agents and shipping companies just to make sure that our imports do not get delayed.