Maersk considers suspending container shipments to Russia

Source: Reuters

COPENHAGEN, Feb 28 (Reuters) - Shipping group Maersk (MAERSKb.CO) said on Monday it was considering suspending all container bookings in and out of Russia in response to Western economic sanctions on Moscow following its invasion of Ukraine.

The company said it was closely monitoring the fast-evolving sanctions and restrictions imposed against Russia, and making preparations to comply with them.

"Our preparations include a possible suspension of Maersk bookings to and from Russia on ocean and inland," Maersk said in a statement.

Maersk, which handles roughly one in six containers shipped worldwide, said it was focusing on safeguarding types of containers and cold chain operations that "include important goods such as groceries and pharmaceuticals."

Read more: https://www.reuters.com/business/maersk-considers-suspending-all-shipments-russia-2022-02-28/