Danish shipping giant Maersk suspends operations in Russia

The Danish shipping giant Maersk decided to temporarily curtail operations in Russia, saying it is "deeply concerned by how the crisis keeps escalating in Ukraine."

Steering away from energy, Maersk to bulk up transport
Maersk will keep monitoring the situation, and will keep the "customers informed during today and the coming days as we progress on the planning," said a company statement.
IANS Copenhagen
1 min read Last Updated : Mar 02 2022 | 10:49 AM IST

The Danish shipping giant Maersk decided to temporarily curtail operations in Russia, saying it is "deeply concerned by how the crisis keeps escalating in Ukraine."

"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 the exception of foodstuffs, medical and humanitarian supplies," the company said in a statement, Xinhua news agency reported.

Maersk will keep monitoring the situation, and will keep the "customers informed during today and the coming days as we progress on the planning," said the statement.

--IANS

int/sks/dpb

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

More From This Section

Topics :Russia Ukraine ConflictRussiaUkraineMaersk

First Published: Mar 02 2022 | 10:49 AM IST

Next Story