The world’s two largest container shipping groups MSC and Maersk suspended cargo bookings to and from Russia on Tuesday as sanctions unleashed a renewed wave of disruption for strained global supply chains.
The suspension, which excluded food and medicines, followed similar moves by rival groups Ocean Network Express and Hapag-Lloyd as the container companies sought to avoid the risk of carrying sanctioned cargo.
Maersk said sanctions on Russia were starting to have an impact on trade, causing delays and leading to the detention of cargo by customs authorities.
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