shipping giants temporarily halt cargo bookings to and from Russia

22:11 Thu, 01 June

GEO

USD

$ 2.6396

EUR

€ 2.8278

GBP

£ 3.2897

RUB

₽ 0.0326

TRY

₺ 0.0013

AZN

₼ 0.0155

XRP

0.5060

01.Mar .2022 18:25

shipping giants temporarily halt cargo bookings to and from Russia

364

Back

Two of the world’s biggest container shipping companies are halting cargo bookings to and from Russia.

“As the stability and safety of our operations is already being directly and indirectly impacted by sanctions, new Maersk bookings to and from Russia will be temporarily suspended, with exception of foodstuffs, medical and humanitarian supplies,” shipping giant Maersk said in a statement on Tuesday.

“We are deeply concerned by how the crisis keeps escalating in Ukraine,” the company added noting that it starts “seeing the effect on global supply chain flows such as delays, detention of cargo by customs authorities across various transshipment hubs, unpredictable operational impacts.”

Mediterranean Shipping Company (MSC) will also stop all cargo bookings to and from Russia starting today, “covering all access areas including Baltics, Black Sea and Far East Russia,” the company said in a statement.

MSC will continue to accept and screen bookings for delivery of essential goods such as food, medical equipment and humanitarian goods, CNN reports.

Occupation MAERSK Sanctions Russian Invasion