The Institute of Export have warned of a five-year high in costs for sea freight Posted on 24th August 2020 at 3:52 pm.Written by Lynette Devlin 39.9% increase predicted on sea freight The Institute of Export have warned of a five-year high in costs for sea freight. link to news report: https://www.export.org.uk/news/515065/Ocean-freight-costs-climb-to-five-year-high-in-double-whammy-for-international-traderLs.htm