Anthony Wallace | Afp | Getty ImagesThe shipping industry is contending with a worldwide shortage of seafarers, and it's fueling a troubling mix of fake resumes, accidents at sea, and elevated freight rates. "We have been seeing a consistent shortage of seafarers," Rhett Harris, senior manning analyst at Drewry, told CNBC. The Philippines, China, Russia, Ukraine and Indonesia are the largest suppliers of the world's seafarers, according to the most recent seafarer workforce breakdown report by the International Chamber of Shipping (ICS) and BIMCO in 2021. Before Russia's invasion of Ukraine in February 2022, Russian and Ukrainian seafarers made up almost 15% of the global shipping workforce, ICS data showed. "Policymakers need to create national strategies to address the seafarer shortage," the shipping organization said.

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Persons: Anthony Wallace, Rhett Harris, Harris, Daejin Lee, Henrik Jensen, Danica Crewing, FertiStream's Lee, Drewry's Harris, Jensen, Caitlin Ochs Organizations: Afp, Getty, Drewry, CNBC, International Chamber of Shipping, ICS, Group, —, CVs Locations: Busan, Russian, Ukraine, Russia, Philippines, China, Indonesia, Iran, Red, New York